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On the breakdown of a marriage, it is vital for both parties that an agreement is reached as to how the marital finances will now be dealt with. While the process of obtaining a divorce itself is relatively straightforward, complications and disagreements can arise with regards to financial agreements involving income, capital and pensions.
It is quicker, less stressful and less costly for parties to reach an agreement as to the finances without involving the court, and we can advise you on this. The agreement may involve arrangements for dealing with the parties’ income (for one party to provide maintenance to the other), dividing the assets (and if necessary transferring the ownership of property) as well as dealing with pensions, to ensure that an equitable arrangement is reached.
If court proceedings do become necessary, we can guide you through every step of the process for obtaining financial orders. There are a range of orders available, and these generally mirror the arrangements that can be made by agreement between the parties.
Whether your financial settlement is reached by agreement or via the court, we will be on hand to advise you on the options that will be in your best interests.
If you would like a free initial consultation on any family or divorce related matters, please contact Daniel Clifford or Aysha Meadows on 020 7880 4325.
