Where parties are separating (whether married or not) a number of issues relating to money and property will arise. The relevant law is very different when the parties have not been married, but have been cohabiting.
You’ll be reassured to know our experts have years of experience dealing with separations and the resulting financial implications. Forshaws Davies Ridgway is not able to provide financial advice but will handle all legal aspects of the financial settlement. If you so wish, we can refer you to an independent financial adviser.
Your financial options
Financial arrangements arising out of divorce or separation agreements or an annulment can be complicated. Deciding how your marital assets are shared can be stressful and may at times seem unfair.
There are effectively four options open to you.
- Reach an agreement with your spouse either directly and/or with the assistance of your lawyer.
- You and your partner agree to a Collaborative Law approach with your lawyers to resolve issues, without going to Court and you meet in ‘4 way’ face to face meetings (you, your lawyer and your partner and his/her lawyer).
- You and your partner meet with a mediator to resolve the issues (see Mediation section).
- Allow the courts to decide how your assets, including your home and pension funds, should be apportioned, and whether and how much maintenance should be paid.
In any of the above options it is crucial that the Agreement / decision is embodied in a Court Order, which we can prepare.
At FDR our experienced team of family lawyers have considerable expertise and experience in dealing with divorce and relationship breakdown involving substantial assets, pensions and businesses. We offer advice and help at every stage to ensure that appropriate financial arrangements, pension sharing agreements and maintenance orders are obtained and in place.
To find out more about how we can help with the legal aspects of your financial matters, please contact us.
