Financial Settlement Solicitors

Supporting you to resolve financial matters and achieve a fair settlement

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Divorce Financial Settlement Solicitors

How to divide up marital finances and assets is often one of the most contentious issues that needs to be tackled when couples separate.

The divorce process legally ends your marriage, but it does not resolve the financial issues. Reaching agreement on finances and the division of assets is a linked but separate process, which should run alongside the divorce process.

Agreeing a financial settlement requires careful negotiation to ensure all assets are fully considered and are fairly divided. Our specialist divorce financial settlement solicitors can help you to navigate these negotiations, protecting your interests and ensuring you achieve the best possible outcome.

Call us today to book an appointment with one of our experienced divorce financial settlement solicitors.

Meet Our Financial Settlement Solicitors

Reaching a fair financial settlement following divorce can be complex and requires expert negotiation.

Our experienced financial settlement solicitors are on-hand to help you reach agreement and ensure your needs are met.

Get in touch to find out how our team can assist.

Speak to an expert:

01782 205000

0161 929 8494

enquiry@beswicks.com

Sarah Jones Family Partner / Head of Family Law

Daniel Rushton Family Law Partner

Lauren Jodrell Family Law Senior Associate

Sarah Abbotts Family Law Associate

Financial Considerations After A Divorce

As well as your home, divorce financial settlements take into account income, earning capacity, savings, assets, investments and pensions.

When making decisions on divorce financial settlements the court’s aim is to achieve a ‘fair’ division of the marital assets. ‘Fair’ does not necessarily mean a 50:50 split. The court will look at things like the length of your marriage, the standard of living you enjoyed as a couple, and future economic needs and responsibilities, such as caring for children.

Many people seek a clean break order to ensure they have no financial ties to their ex following divorce. However, the court may consider spousal maintenance to be appropriate. While this is quite rare, the court can order one party to make regular payments to their ex if that spouse cannot support themselves financially following divorce.

The aim is to achieve divorce financial settlements that enable each party to move forward with their lives.

What Are My Financial Settlement Rights?

There are no specific financial rights or entitlements when you divorce. When reaching a decision on a divorce financial settlement, the court will consider your unique circumstances and decide the fairest way to share your marital assets so that you can each live independently.

You may be entitled to a share of joint assets, for example, the family home, a share of any other investments, assets or pensions, regular payments for living expenses.

For most people, child maintenance issues are dealt with by the Child Maintenance Service if the parties cannot agree a level of support, but if school fees are payable or one parent has a gross income of more than £3000 per week, the court can also deal with child maintenance issues.

To ensure the court can come to a fair decision, each party must make full and frank disclosure in relation to their financial positions. Disclosure means providing the other party with certain documentation about their financial circumstances, often using a document the courts use, called a Financial Statement or Form E.

Once a financial agreement has been reached, a consent order application must then be drawn up and approved by the court. This makes your divorce financial settlement binding (technically, once the final order for divorce is made) and provides both parties with certainty and security as to future financial positions and an enforceable order

How Beswicks Legal Can Help With Divorce Financial Settlements

Agreeing financial arrangements on divorce can be both complicated and contentious. At a time of significant stress for you and your family, it is important to receive legal support, advice and representation from highly experienced divorce financial settlement solicitors.

At Beswicks Legal our family law team has the highest level of expertise, dealing with the most complex financial arrangements. They can explain the legal issues that impact on your position and ensure you achieve the best possible outcome in an efficient way, so that you can move forward with your life with complete confidence.

Call us to find out how we can help you.

Book An Appointment

01782 205000 0161 929 8494

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