Dealing with your 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 so that you can move with peace of mind that your finances are protected and no claims in the future can be made.

Agreeing to a financial settlement is often a sticking point with divorcing couples for many reasons, but mainly because they believe dealing with finances is unnessary or extremely expensivce.

Reaching a fair financial settlement following a divorce is imperative and it doesn’t need to cost you thousands.

Only 3/10 divorcing couples in England and Wales legally separate their pensions, which is in most cases is one of the most valuable assets within a marriage.

Use this section to read our detailed free advice on all things assets and finances in a divorce such as:

  • What is a financial settlement?
  • What are financial orders in divorce?
  • What to do if your ex won’t agree to a financial settlement
  • Can finances be dealt with in an online divorce?

Scroll down this page and visit the ‘Guides’ section to read more about finances and divorce; using this section will ensure that you are more informed on your financial issues and how best to move forward.

We’ve helped 40,000+ couples deal with their finances

If you have reached a financial settlement with your ex-partner, there is no need for you spend thousands on having a solicitor draft the necessary paperwork for you.

Hiring high-street solicitors to help you obtain a financial order will cost you thousands. Our service is so popular because it’s quicker, more stress-free and can save you thousands. Read some of our reviews below.

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FAQs

Guides

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Sorting out your assets and finances following a divorce should be a high priority, even if you think you have no assets to split. Obtaining a decree absolute through divorce proceedings doesn’t sever your financial ties and therefore not dealing with them by obtaining a financial court order can have future implications.

The only way to protect your assets and finances in the future is to have a court order approved by a Judge, which is done by applying for a consent order or clean break order, which will prevent any future claims being made against either party.

There have been many high-profile cases where spouse’s have gained large sums of money by claiming against their ex-partner, even up to 10 years after the divorce was finalised. 

If a financial order isn’t obtained following a divorce then matrimonial financial ties still apply and if one parties wealth increases for a number of reasons, then future claims are possible. Even if you believe you have no assets to split, it’s always worth obtaining a court order to legally separate financial ties.

In 99% of cases we deal with there is no need to attend court to deal with your financial split. In a rare case, the Judge may ask both parties to write in and explain how they came to the agreement and ask specific questions relating to the agreement. This will only happen if the Judge believes the settlement to be unfair on one party.

To file a financial application, you need to complete the relevant forms, pay the court fee and submit it to the courts. When using our service, we deal with all of this for you and give you advice and guidance throughout the process.

couples split finances

What is a financial settlement?

Why you should agree to a divorce settlement following a divorce.

paperwork for finances

Consent orders in divorce

Find out what consent orders are and why you might need one.

friends celebrating clean break approval

What is a clean break order?

Clean break order information and advice.

elderly couple sharing pension

Ex won’t sign a clean break order?

What to do if your ex-partner won’t sign a financial agreement.

solicitors in a meeting

Grounds for divorce & finances

Do the grounds for divorce affect the financial settlement?

consent order paperwork

Filing your own consent order?

Everything you need to know about filing a consent order.

completing online paperwork

Online divorce & finances

Can finances be dealt with in an online divorce?

solicitors meeting at an office

Financial orders in divorce

Ins and outs of financial orders in divorce.

Handing over lump sum of money

Lump sum orders in divorce

How to deal with lump sum orders in divorce.

man signing will

What happens with inherited assets?

What you need to know about inherited assets in divorce.

Which Financial Order Do I Need?

Use our quick and easy free online tool to find the right financial order for you based on your exact circumstances and agreement that you’ve reached.

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

Which Financial Order Do I Need Tool

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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
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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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