Splitting money and financial settlements on divorce
If you’re getting a divorce, our specialist divorce solicitors can help you reach a fair financial settlement with your former partner.
Our team of expert divorce solicitors can help you divide your assets and reach an agreement with your former partner.
What is a financial settlement during divorce?
A financial settlement (or settlement agreement) in a divorce sets out how your finances will be divided after your divorce. Finances that count during a divorce include your savings, investments, pension and property.
Our guide to financial settlements during divorce explains how the settlement is worked out. The key areas your solicitor will look at with you are:
- how to divide the family assets, such as the family home
- how to provide continuing financial support, such as child maintenance
- how to ensure you're both financially secure, possibly through a pension sharing agreement
- plus more specialist areas: business ownership after divorce, pension agreements and inherited or non-matrimonial assets.
How to reach a financial settlement during a divorce
You can reach an agreement without going to Court with the help of a specialist divorce mediator or solicitor. Divorce solicitors can draw up a draft Consent Order but you’ll still need to apply to the Court to approve your Consent Order, so that it’s legally binding.
We’re here to help
Come in and see a family law solicitor for a FREE 30 minute face-to-face consultation about your options. Alternatively, if you want us to take a closer look at your situation, for a fixed fee of £150 + VAT, we can talk with you for up to 90 minutes.
Call our Family and Divorce law solicitors on 0808 231 1320