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Financial Claims on Divorce

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Introduction

 

Planning for the Future After Divorce

When a relationship ends, sorting out your finances can feel daunting. But with the right advice and support, you can move forward with clarity and confidence.

 

We’re here to help you reach a fair financial settlement—one that protects your interests and supports your future.

How Financial Settlement Works?

To begin, both partners usually share full financial information. This includes:

  • Income and assets
  • Pensions
  • Debts and liabilities
  • Any other relevant financial details

This open exchange helps ensure that any agreement is based on a clear understanding of your financial position.

 

Once we have all the information, we’ll advise you on your options and help you negotiate a fair outcome—ideally without going to court. We believe court should always be a last resort.

 

 

What Factors Will Be Considered When Reaching a Financial Settlement?

Several factors are taken into account when determining a financial settlement, including:

  • Your respective incomes and/or ability to earn
  • Your financial needs, obligations and responsibilities
  • The standard of living enjoyed during your marriage
  • The respective ages of both partners
  • The length of the marriage
  • The needs of both partners and any children
  • Your respective contributions to the marriage

Under English law, there is no one-size-fits-all formula for dividing assets in the event of separation, meaning each case is unique. Your situation will be assessed based on its specific facts and merits.

 

 

What Can a Financial Settlement Include?

A financial settlement can cover:

  • Division of property
  • Pension sharing
  • Lump sum payments
  • Responsibility for debts
  • Business assets
  • Spousal maintenance
  • Child maintenance

Pensions are often one of the most valuable assets in a marriage—sometimes even more valuable than the family home. That’s why it’s essential to include them in your settlement.

 

 

Why You Need a Financial Order

Once you’ve reached an agreement, it’s important to make it legally binding by applying for a financial order through the court.

 

Even if you’ve agreed everything amicably—or don’t have many assets—it’s still vital to formalise the agreement. Without a financial order, either of you could make a claim in the future.

 

How We Can Help

Our experienced family law solicitors will:

  • Guide you through the financial disclosure process
  • Help you understand your rights and options
  • Negotiate a fair settlement on your behalf
  • Prepare and submit a financial order to the court

 

We focus on reducing conflict and helping you move forward with peace of mind.

 

Richard Baker - Colour - High Res - 008_425-1
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