Financial Settlements
Financial Settlements in Divorce
Separating financial affairs during divorce requires careful consideration and proper legal documentation. While financial settlements can be agreed at any stage of divorce proceedings, having clear arrangements documented in a court order is crucial for your long-term security.
The Importance of Financial Orders
Without a formal financial order, both parties retain the right to make financial claims against each other indefinitely, unless they remarry. Recent cases have shown that claims can be successfully made decades after divorce, even when circumstances have changed significantly.
Key Considerations
- All assets at the time of any future claim are considered, including inheritances or property acquired after divorce
- Joint assets remain vulnerable without proper legal protection, regardless of individual contributions
- Pension entitlements and other long-term financial considerations need careful evaluation
Resolution Options
We can help you reach a financial settlement through various approaches, including solicitor negotiations and mediation. Mediation often provides a cost-effective route to agreement, helping both parties reach amicable terms without court intervention. However, if necessary, we can support you through court proceedings to secure a fair settlement.
Professional Support
Our team offers a complimentary 15-minute telephone consultation to discuss your circumstances and outline potential costs. Contact us on 0800 014 8575 or 0203 540 7665 to arrange your consultation, or submit an online enquiry for a prompt response.
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