Divorce Settlement Financial Advice
Divorce Settlement Financial Advice
Will financial matters be sorted when I divorce?
As part of your divorce, you should expect for financial matters to be addressed between you and your spouse, allowing you certainty and finality. This can sometimes be referred to as the ‘divorce settlement’. The ultimate goal is to obtain an order from the court which sets out how your finances are to be divided between the two of you, looking at assets and debts, pensions and income.
What financial advice will I receive?
Reaching a divorce settlement can be difficult, especially when finances are complicated. It can also be stressful and upsetting. A specialist divorce solicitor will guide you through the process, explaining the various options available, and providing you with advice about financial matter to ensure the best possible outcome for you.
How will I reach a divorce settlement?
There are various different ways to try and reach a divorce settlement. The majority of these methods are based upon you and your spouse reaching a voluntary and amicable settlement. If you are unable to reach a voluntary agreement with your spouse, your ultimate remedy is for a judge to impose a decision on you and your spouse. This is, however, relatively rare. A divorce solicitor will explain the different options and advise on the most appropriate for you, based on your specific circumstances.
What will my divorce settlement be?
The law regulating the resolution of financial matters on divorce is discretionary. This means that there are generally a number of different possible outcomes and scenarios available as to the ultimate nature of the divorce settlement, and how your finances will be distributed. It is therefore important for you to take financial advice from an expert you can trust, who can explain the law to you and how it might be applied to your circumstances.
A specialist family lawyer, with experience in dealing with financial matters on divorce, is able to explain the way in which the court would be likely to deal with matters were your case to be heard by a judge, including the likely divorce settlement. Such financial advice from our experienced family solicitors can help you work towards a voluntary financial settlement with your spouse.
We are also able to call upon the services of our in house independent financial advisers, and to work with them to help you understand your financial situation better and to reach the best possible outcome for you. They can provide detailed expert financial advice, tailored to your specific circumstances, whatever they may be.
For a divorce solicitor you can trust, contact Pannone Solicitors now on 0800 840 4929 or click here. Our trusted team of family law specialists are here 24 hours a day, 7 days a week.