Finances on Divorce

Ensuring children are provided for, both financially and emotionally is the number one priority for both parents. We can help you secure financial provision for your children, putting your mind at rest and allowing you to focus on the future.

We will start by helping and advising you to achieve a fair financial settlement. This can then be made into a Court Order by consent within divorce proceedings, or a Separation Agreement if you are not to divorce. The agreement can be reached following advice and negotiations in our Resolution Together process or through mediation, collaborative law or traditional lawyer-led negotiation. If a financial settlement cannot be agreed upon, Court or arbitration proceedings may be necessary and an agreement can still be reached and a Consent Order made. If an agreement cannot be reached, the Judge or Arbitrator will make a binding decision which will become a Court Order.

This is when financial issues are settled within a divorce or separation. A settlement will set out what is agreed should happen to the family home or other assets such as savings, investments, pensions or businesses and your legal claims.

Having a financial settlement in place means your finances, and future finances, are secure. On a divorce you will have a Court Order, giving you and your former partner the security of a legally binding financial settlement. On a separation, there will be a binding agreement in place to best protect you pending formal divorce.