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Finances in Divorce

Going through a divorce is hard enough without worrying about what will happen to your assets and finances.

However, it’s essential that you deal with the financial issues following a divorce.

Obtaining a legally binding court order is the only way to move on with your life with peace of mind.

Dealing with your finances will prevent the possibility of future claims being made against you.

How to reach a fair financial settlement?

Whether you are trying to protect your wealth or achieve a fair financial settlement, it’s essential that you receive professional legal advice, which our in-house family law solicitors can help you with.

The reason why reaching a financial settlement is so important is because the act of divorce itself does not sever the financial relationship between a husband and wife.

To end the financial relationship following a divorce, you must put your financial agreement into a legally binding court order, most commonly known as a consent order, but there are other forms of agreements that you can obtain.

To obtain a court order for your finances, you need to have a solicitor draft the legal paperwork where the agreement you’ve reached is clearly documented and presented to a Judge to rule on.

If you can’t come to an agreement on how assets, money and property, for example, should be split, then you can try these methods:

  • Your solicitor can negotiate with your partner for you to get to an agreement
  • Mediation
  • Collaborative Law
  • Go to Court

It’s not just your finances that you need to consider. If you have pensions or property, these both must be considered as part of your financial agreement.

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Consent Orders in Divorce

This is where a lot of people become unstuck or confused when dealing with their finances.

There are so many different names for essentially the same thing.

A consent order is a legal document that is processed through the courts to sever the financial relationship. It’s a complicated topic, so read our article below.

What Are Consent Orders?

What Is a Clean Break Order?

A clean break order is primarily for couples that have no money or assets to divide.

Even if you have no assets to divide a court order of this nature is required to prevent any future claims.

You need to understand which type of financial order you need based on your circumstances, which our article below will help you do.

What Is A Clean Break?

Which Financial Order Do I Need Tool

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Answer a few quick questions to find the most suitable financial order for you.

It takes less than 3 minutes to be matched with your ideal service.

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Have you reached an agreement with your spouse on your financial split?
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Would you like our solicitors to review your financial agreement and provide you with a written report and a 30-minute legal advice phone call?
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Legal Advice Consultation - £99 Service

Speak to our family law solicitors to receive professional legal advice to understand your legal position and where you stand in relation to a financial split.

  • Legal advice is given on your legal position
  • 1-hour telephone call with your solicitor
  • Instantly schedule a call in with your solicitor
  • One low-cost fixed-fee payment of £99
Complete Our Secure Checkout To Get Started - £99

Financial Agreement Consultation Service - £199

Having a qualified family law solicitor review your financial agreement and provide a full consultation on it will ensure that you are receiving a fair settlement.

  • Legal advice is given on your legal position
  • Free 30-minute telephone call with your solicitor
  • Tailored, detailed written report based on your agreement
View Service Information - £199
Which assets do you need to split as part of your financial agreement? Select options below.
Division/sale of a property
Division/sale of 2 or more properties
Division/split of pensions
Child maintenance agreement
Spousal maintenance
Division of joint debt(s)
Division of savings
Division of investments
Division/sale of a business
Other
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Detailed Consent Order - £399

This service is ideal for couples that want to put their financial split into a legally binding financial order, to ensure no claims by either party can be made in the future.

This service can include any/all of the following;

  • Division of pensions
  • Property portfolios
  • Divison of business assets
  • Sale or transfer of property
  • Personal belongings
  • Lump sum payments
  • Child/spousal maintenance

Why you should choose this service...

  • You'll save over £1,000 compared to hiring high-street solicitors.

  • Everything is completed online, no time off work or court appearance necessary.

  • Drafted by qualified family law solicitors.

  • We handle everything for you, from start-to-finish including dealing with the courts.
Complete Our Secure Online Checkout To Get Started - £399

Read more information on this service.

Managed Consent Order Service - £299

This service is ideal for couples that want to put their financial split into a legally binding financial order, to ensure no claims by either party can be made in the future.

This service can include any/all of the following;

  • The sale or transfer of a property
  • Personal belongings
  • Child/spousal maintenance
  • Lump sum payments
  • Debt provision

Why you should choose this service...

  • You'll save over £1,000 compared to hiring high-street solicitors to carry out the same service.

  • Everything is completed online, no time off work or court appearance necessary.

  • Drafted by qualified family law solicitors.

  • We handle everything for you, from start-to-finish including dealing with the courts.
Complete Our Secure Online Checkout To Get Started - £299

Read more information on this service.


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