When a marriage or civil partnership comes to an end, it is important to sort out your financial affairs and to obtain a final financial order to settle your financial obligations to each other.
The law allows married and civilly partnered people to ask the court for an order against the other spouse or civil partner for regular maintenance payments, lump sums, a transfer or sale of property, to divide pensions or to change certain trust arrangements. Not all of these orders will be appropriate in every case, and the majority of financial orders after divorce or dissolution are made by agreement.
The law also allows someone who fears their spouse may not be playing fair in financial matters to ask the court to intervene to preserve property, set aside a particular transaction, or to freeze assets in extreme cases.
The terms of a financial arrangement after divorce or dissolution can be discussed in mediation, in the collaborative law process, or using traditional solicitor-to-solicitor negotiation techniques and court proceedings if necessary. In urgent cases where assets are at risk, however, it will be essential quickly to seek the court’s involvement.
Please download our information sheets if you would like more details about making financial arrangements after divorce or dissolution. Alternatively, you can call Gail, William, Sue, Adam or Simon on 01223 443333 for a confidential initial discussion.
