Financial Settlement Advice

If you are going through a divorce or separation, our specialist team of family law solicitors provide assistance and expert advice so you have a clear understanding of how your finances will be affected. We can assist clients looking for a financial settlement.

The breakdown of a marriage or civil partnership is an uncertain and stressful time in anyone’s life both emotionally and financially. Splitting the marital finances in divorce can often drag out the entire process due to disagreements and disputes.

Our specialist team of solicitors will guide you through the process, keeping it as simple and straightforward as possible.

Free Initial Discussion

If you want to discuss any Family Law issues with one of our expert solicitors, then we are on hand to discuss your circumstances today. We offer a free initial telephone consultation to evaluate your needs and provide an estimate of any fees. Call us on 0207 118 1333 or alternatively email us at info@qnlaw.co.uk.

Alternatively you can contact us on WhatsApp by clicking here – 07927199499

 

 

What Is a Financial Agreement?

This agreement deals with the arrangements made to divide money and property following the breakdown of a relationship.

Usually, money and assets including property will have been accumulated during the relationship and this will need to be divided fairly depending on certain factors including the needs of any children involved.

A financial agreement is a legally binding document which is created after a divorcing couple have reached an agreement on a range of important issues. This includes child maintenance, spousal maintenance and the division of property.

Agreeing on a Financial Settlement

Most financial settlements are agreed following a process of negotiation. Whatever form these negotiations take, the legal criteria used by the court are crucial in setting the parameters for any settlement.

First, there must be a full, honest, and clear exchange of financial disclosure to assist the court in finding a ‘fair’ financial settlement for all involved.

No agreement you reach is final unless it has been converted into a consent order and approved by the court. It becomes legally binding once the ‘decree absolute’ has been pronounced.

Although the court needs to approve your financial settlement and grant the divorce or civil partnership dissolution, the court does not need to be involved in the process of exchanging disclosure and negotiating an agreement.

There are many alternatives to court and only a minority of financial settlements are imposed by the court following a contested hearing.

Going to Court

Not all cases are suitable for a negotiated settlement and we may advise you to begin court proceedings for a variety of reasons.

The court process is structured to ensure a full exchange of financial information and encourage agreements where possible.

If the court does decide your case, the judge will strive to reach a “fair” outcome, taking account of certain statutory factors.

Safeguarding Assets and Non-Disclosure

It is vital for there to be a full and frank exchange of disclosure. We have experienced a range of ways in which individuals attempt to obstruct this process and provide incomplete or deceptive information.

This can be particularly challenging where assets are located offshore or in complex trust structures. We recognise the signs of non-disclosure and will devise balanced strategies to mitigate it. 

It may be necessary to get an injunction to stop assets being removed from the country and safeguard assets until a financial settlement can be reached.

We appreciate that couples want choice and control over how to work through decisions about their assets and offer alternative methods of dispute resolution in addition to skilled negotiation and representation in any court proceedings.

Why Choose Us

We have helped many clients negotiate their financial issues in divorce, so we understand what you’re going through and can guide you through the process, giving you advice that you can rely on and trust.

We have the knowledge and expertise to handle every type of financial settlement issue, from a straightforward out of court agreement to the most complex court cases involving disputes with children, high-value matrimonial and international assets.

Whatever your legal needs, our family lawyers will support you and fight to protect your best interests.

If your case does have to go to court, we will be by your side every step of the way to defend your interests.

How to make contact

To find out more about our Financial Settlement service and for a tailored quote, please call us on 0207 118 1333. Alternatively, you can email us on info@qnlaw.co.uk and we’ll call you back.