October 21, 2022

How to protect your finances in a divorce

Finances in divorce

If you’re going through a divorce a serious concern could be how it will affect you financially. Our team of separation and divorce solicitors know how to help you secure your fair share of assets during any divorce proceedings.

Some common areas that we help people with on a daily basis are:

Settling financial disputes

Using a constructive and collaborative approach

Divorce financial settlements may involve careful consideration of various assets including the family home, investments and pensions etc. We will advise you on how the courts divide income, assets and pensions depending on the specific circumstances of your case.

At this difficult time our family team can help you and your partner separate your lives in an amicable way and provide pragmatic divorce settlement advice which is fair. We are advocates of using negotiation and discussion to achieve the best results but will be there to support you in court if your case requires.

Contact us today for help with settling financial disputes during divorce.

Maintenance payments

We help you understand child and spousal maintenance law

A common question our specialist divorce solicitors are asked is “Will I receive maintenance after divorce?” This can be a very worrying issue when splitting up with your partner.

Maintenance payments can be divided into two areas:

maintenance for financial support for the children, and
maintenance for the spouse (husband/wife)
Whether you receive maintenance after divorce or have to pay it, will depend on the overall circumstances of your case. As well as a comparison of incomes we will also look at things like capital and savings as well the actual needs, or the future earning potential.

Talk to our team of specialist family solicitors about managing your maintenance payments.

Dividing the family home in divorce

How can you settle who gets which assets in a divorce?

Your home is the centre of family life. Some of the most upsetting questions in divorce are what will happen to the family home and how are other financial assets such as savings divided in the divorce or separation process? Deciding who gets the house in a divorce can be even more complicated when there are children. This is an area that our family solicitors are adept at dealing with.

The family home should not be looked at in insolation from all the other family assets. It is the value of the family assets as a whole and the needs and resources of the children and each party that will determine what happens to the family home.

Whether you and your partner have an amicable split or are going through a tougher time, our team of divorce lawyers can help you come to an agreement on your home, other properties or indeed any of your jointly owned assets.

Contact us today and we’ll help find a fair way to divide assets in divorce and will be there to support you with specialist advice at this difficult time.

Pensions in divorce

Helping you understand divorce pension rights

The arrangements and issues surrounding pensions in divorce are naturally complex. Neither you nor your partner will feel you should have to worry about how you’ll manage financially in retirement. This applies whether you’ve been bringing up children or building a career. So how do you settle on a fair split of pensions in divorce?

Divorce pension rights can be extremely complex. As your pension may be the most valuable asset in your marriage, you’ll need to consider the split carefully.

We work closely with pension actuaries to carefully analyse each element of the ‘pension pot’ to make sure it is correctly valued. This will give you more confidence to plan your future independently. Contact us today to understand how we can help you secure your pension.

Call us if you have any questions about finances in a separation or divorce

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