Divorce Financial Settlements
Once you’ve taken the decision to divorce you will need to reach a formal financial settlement. Negotiating a satisfactory financial settlement can be difficult, stressful and emotionally challenging. You can also run the risk of not receiving what you are entitled to. We are here to help you handle the division of finances and assets including property and pensions as successfully as possible.
What is a financial settlement?
A financial settlement is essentially who gets what after a couple separates and involves decisions about how assets should be divided. The separating couple can be married or civil partners. If you are not married we can also help with financial settlements during separation, which can be found on our unmarried couples page.
When there is a decision to separate there will be a need to look at how assets should be shared. There is also the consideration of Children in the marriage and what is best for them and their needs.
A financial settlement is a legally binding decision and will cover the specifics of your financials and assets. If you and your ex spouse or civil partner do not reach an agreement they could try and make a financial claim against you in the future.
Our family law team can help you protect:
- Rights to property
- Any international assets
- Liabilities for debts
- Custody of children – along with any maintenance payments, school fees etc.
There are a number of ways our family team can support you through a financial settlement agreement, including:
- Court decision
- Collaborative law
It is often possible to avoid going to court and to reach a settlement as our divorce solicitors are expert negotiators. We also have a qualified collaborative law team. However, if an amicable resolution is not possible, our solicitors will support you through any court appearances and reach a fair settlement for you.
Divorce & Separation Free Consultation
Our family law team offer a free 30 minute consultation for new clients. We offer flexible appointments that can be arranged around your work schedule.
Our Family Law team are transparent with their prices and offer a variety of fixed fees. These can be found here.
2 steps to contacting Howells:
We’ll listen carefully to you, clarify what you’re trying to achieve, and then explain if and how we can help you. We will take some initial information and liaise with a legal professional regarding your case. If it looks like we can help, we will book you in for a consultation with a legal professional.