Financial Settlements
When you separate or divorce you will need to consider how to divide your property, assets, pension, income and discharge any liabilities.
Our specialist family team can assist you in achieving a financial settlement following the breakdown of a marriage, also known as ancillary relief. We can also assist you in the division of any property or asset following the breakdown of a relationship if you are unmarried.
If both parties are able to agree a settlement between themselves we can incorporate this into a draft Consent Order and present it to the Court. The Judge will be asked to make an Order without either party having to attend. Alternatively we can assist you in achieving the settlement and negotiate the terms for you. We can do this through the traditional route of making an application to the Court if need be or through the alternative options of Collaborative Law or Mediation.
When considering a fair and reasonable ancillary relief settlement a Court will look the circumstances of each case and consider the following:
Entitlements to any maintenance for yourself or your child.
Should the former matrimonial home be sold or transferred to one party.
Whether one party is to receive an immediate or deferred share of their interest in the home.
How all other assets should be divided including shares, stocks, ISAs, PEPs, premium bonds and savings.
Whether either party should be awarded a lump sum.
Whether there are any pensions that need to be divided or shared.
What will happen to the family business.
Our team of family lawyers have a wealth of experience in dealing with financial settlements and they have typically acted for both husbands and wives in equal numbers including business owners, company directors and professionals.
Please feel free to telephone any one of our family team to discuss matters in confidence. We can arrange for an initial consultation so you can understand the options available to you.
Contact:
Joyti HenchieDD 01279 638809 Email
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