FINANCIAL REMEDY PROCEEDINGS & ARRANGEMENTS

The more you and your spouse can agree on financial matters between yourselves, the quicker and less expensive your divorce will be. As Resolution members, our solicitors are committed to supporting you reach an amicable agreement. But if a dispute develops, the court will apply the factors listed in the Matrimonial Causes Act, section 25. These include (but are not limited to) the:

• "income, earning capacity, property and other financial resources that each party to the marriage has or is likely to have in the foreseeable future".
• age of the parties and length of the marriage or civil partnership
  
• needs, obligations, and responsibilities of each party and any children
• standard of living enjoyed during the marriage
• contributions of each party (both financial and non-financial contributions are given equal consideration)
• impact of any disability
• conduct of the parties

Our family law Solicitors will go through these factors with you and present a strong argument in relation to your financial settlement entitlement.

The starting point when calculating a financial settlement is equal sharing. However, after examining the section 25 factors, it may be that an order for spousal maintenance is appropriate.

We will provide you with expert, trustworthy advice on whether you may be entitled to spousal maintenance and talk over the options for receiving it, for example in periodic payments or as a lump sum.

Unless you have a nuptial agreement in place, your pension, like other assets, will be considered part of the matrimonial pot to be divided between you and your spouse. Because next to the matrimonial home, pensions are the most valuable asset a couple has, a solution is often reached whereby one party keeps the house and the other their pension. However, it is vital to have the value of the pension professionally calculated and not to agree to a transfer too quickly.  

By instructing us, you can be confident that we will advise you in a way that ensures you do not get short-changed when calculating pension-transfer values.

We are one of the busiest and most highly regarded family law Solicitors in the South-East. You can trust that by instructing us to manage your divorce and financial settlement, you will receive considered, expert, and practical advice. 

Our team will always ensure your interests are protected and will focus on achieving your objectives.

For a free consultation regarding financial remedy proceedings and arrangements

please call us on 0208 300 6666 or complete the form below.