Financial Arrangements
One of the most challenging aspects of divorce and separation is reaching an agreement about financial arrangements. The team at Blossom Law can help you agree on how to divide your assets and manage your finances to help secure the future for you and your family.
How are financial matters on dissolution resolved?
Financial matters on divorce or dissolution can be resolved several ways. This may be through mediation, entering full and frank financial disclosure or Court proceedings. At Blossom Law, we are keen to avoid the latter, if possible, to limit the costs you may incur. We will be able to assist and advice you in reaching a financial settlement that is tailored to meet your individual needs.
It is important to know that a party’s financial claims against their husband or wife are not dismissed just through getting a dissolution. We would recommend that your financial settlement is made binding by agreeing to a Consent Order so that you have the security and reassurance of knowing that you have a binding Financial Order. Consent Orders are very common for parties seeking a clean break from one another, even where there are no notable matrimonial assets to divide.
A clean break is the dismissal of all claims each party has against the other both now and in the future. Our specialist family lawyers are experts on preparing and advising on such agreements. We also specialists on preparing and advising on Separation Agreements in cases where parties may not be ready for dissolution right away but need to deal with financial matters in the interim.
Finances on Dissolution of Civil Partnerships
Dealing with finances on divorce or dissolution is often referred to as Ancillary Relief. This covers all sorts of issues that arise when determining how matrimonial assets are to be divided such as what will happen with the family home or any other property, whether spousal maintenance should be paid to one party, pensions, investments, child maintenance and, on some occasions, debt.
Our family law solicitors are experts in advising on financial settlements on dissolution. Contact us today if you would like to discuss your situation.