Our experienced divorce solicitors will negotiate to ensure your best possible financial settlement in divorce
It is important that you take steps to settle the financial settlement in divorce formally following a divorce.
This is to ensure that you are both able, in as much as possible, to move on with your new lives independently and without any ongoing financial ties to each other in the future.
The financial settlement in divorce starts with negotiations which ideally should be led by a collaborative family lawyer or family mediator. Once negotiations are complete and where possible, we will legally formalise the agreement with a Consent Order which is approved by the Court. The Consent Order will provide you with a clean break which means your former spouse cannot make future claims against you.
Book A Fixed Fee Divorce Consultation to Discuss your Divorce Financial Settlement
We start proceedings with a fixed fee 1 hour consultation for £150 (plus VAT). We offer face to face advice and at our offices at St Michael’s Terrace, London, N22 or remote advice via telephone or video call. It doessnt matter where you are located, we can help.
This time can be used to discuss any family law matter whether it be divorce, child arrangements, a financial settlement, cohabitee dispute, surrogacy or any other family related issue. During this initial consultation we will provide an overview of the relevant law and answer any questions that relate to your specific circumstances.
The fixed fee appointment is also a good opportunity to begin building a professional rapport with your lawyer. Family law matters are generally very personal and emotive and you need to know that your lawyer is someone who talks your language, someone who is on your side and is someone you can trust.
The consultation will be followed up with a detailed advice letter which will outline everything discussed during the call.
To book an appointment please call 020 8889 3319 or book online
FAMILY LAW SERVICES
Family Law Solicitors You Can Trust
Our firm aims to always provide the highest standard of advice and exceptional levels of client care.
We are members of the Law Society’s Family Law and Children Law Panels, members of Resolution and have been accredited with Lexcel, the legal practice quality mark for client care, compliance and practice management.
Our Services Relating the the Divorce Financial Settlement
The financial negotiations during divorce can be one of the hardest aspects of divorce. Logically speaking, seperating one financial pot between two means that both will have less in the end so the division of assets is always based on “needs” rather than “wants” a concept we take a closer look at in “Who gets the house in divorce?” Always remember that when you instruct a Tyrer Roxburgh divorce solicitor we are on your side. We will ensure that your needs are clearly outlined and we will negotiate hard to ensure that your needs are met. In relation to the financial negotiations we can offer support in the following areas.
- Financial settlements, offering guidance on the division of marital assets, including the matrimonial home, other property, savings, investments
- Asset protection strategies to protect assets during the divorce process and minimise financial losses.
- Spousal maintenance and assistance in negotiating or litigating maintenance agreements.
- Divorce and pensions, ensuring this valuable asset is considered during negotiations.
- Finalising the financial settlement with a Consent Order.
- Post-divorce planning and assistance with updating a will and lasting powers of attorney.
We pride ourselves on being friendly and approachable so if you need advice from one of our friendly solicitors, please do get in touch by calling 020 8889 3319 or via one of the options below.
Common Questions about Divorce and Financial Negotiations
Who can apply for a Financial Order?
It is open for either party to the divorce to apply to the Court for a Financial Order to determine how the matrimonial assets should be distributed on completion of the divorce.
What assets can the Court deal with?
The Court can deal with all matrimonial assets. This means that it can deal with any assets in which either party to the marriage has a legal or beneficial interest.
In some cases, the Court will also consider pre-marital assets in order to achieve a fair outcome.
When should I apply for a Financial Order?
It is usually best to try and deal with the finances at the same time as the divorce. However, this will not necessarily be appropriate in all cases. We can help you decide when to deal with the finances so it is most beneficial for you.
What types of Financial Order can the Court make?
The Court has a fairly wide discretion to make such Order or Orders in combination that produce a fair outcome. For example, the Court could Order the outright transfer of the former family home to one spouse.
However, the Court can only deal with maintenance provisions for children in very limited circumstances.
How can I apply for a Financial Order?
You will need to submit the correct form to the Court together with your form showing that you have either attempted or are exempt from participating in mediation. The Court will then send a copy of your application to the other parent and list the case for a first hearing. This first hearing is known as a First Appointment (FDA).
How will the Court decide my case?
The Court will have regard to the particular circumstances of your case. It will take into account several factors such as your respective financial and housing needs, the resources available to you, your respective ages and the duration of the marriage.
In each case, the Court has discretion to decide what will be a fair outcome.
How much will I have to pay to make an application?
The Court fee for issuing the application is £255. We offer very reasonable rates for our work and we would be happy to discuss your case with you to work out the most appropriate fee arrangement going forward.
You may also qualify for Legal Aid – please see our Legal Aid page.
