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Our solicitors understand that arranging the finances can be one of the hardest parts of getting divorced or dissolving a civil partnership. At Stephensons we are here to make it as straightforward as possible.
Couples may want to make agreements prior to getting married to ensure that you both understand what will happen in the event that the marriage breaks down, as relationship breakdowns often lead to disputes over property and finance. Speak to our separation experts for advice on 0161 696 6193.
If your relationship or civil partnership has broken down, then you may need advice on how the assets should be divided. This can be particularly complicated where there are businesses and/or pension’s involved and legal advice should be obtained at the earliest opportunity.
Once you and your partner have reached an agreement regarding your finances, it is important you obtain a consent order from the court to ensure the agreement is legally binding. A consent order can provide a financial clean break, protecting both parties from any future claims being made and can include specific orders such as pension sharing orders, orders for maintenance and transfer of assets or property.
Where it has not been possible for you and your partner to reach an agreement, we can advise you in relation to alternative options such as mediation and arbitration. We can then assist you to ensure that any agreement you reach is legally binding.
In some circumstances, it may not be possible or appropriate for couples to reach an agreement outside of court, for example if mediation has not been successful or if your partner has not been open about their assets. Our divorce and finances team is experienced in dealing with complex, disputed cases in the court arena. We can advise you in relation to the court process and what factors the court would consider if it is asked to make a final determination.
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Karen Atkins talks about financial settlements following a separation. Karen explains what a financial settlement is and how agreements can be reached. Karen also considers the different types of orders available and what they include, the benefits of having a financial settlement worked on by a professional and how the specialists from Stephensons can assist.
"A financial settlement, effectively, is the way in which you share your assets once you've decided that you're going to separate. There's a number of ways of getting there. You can either reach an agreement yourselves at home or you can be assisted, for example, by mediation and you can go along and get some help from a mediator, or you can seek legal advice from solicitors... Here at Stephensons, we've been dealing with this kind of thing for many, many years." - Karen Atkins
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