Divorce Financial Settlement Solicitors

Divorce financial settlement Solicitors

Going through a divorce or separation is distressing. Finances are often a big concern with the parties involved worried about how they will provide for themselves and their children without a financial settlement being reached. As a starting point, choosing the right family lawyer to take the strain is crucial because they will guide you through the details of the financial process and provide important one on one advice.

How are divorce settlements reached?

There are options available for reaching a settlement with your ex-partner without having to go to court. For example, you can:

• Seek to resolve issues yourselves before you look to take legal advice on the agreement you have reached;
• Use a mutual and independent third party to assist in resolving your conflict through mediation
• Participate in meetings where you and your spouse work with Solicitors to reach an agreement

Child and spousal maintenance

The breakdown in your marriage can leave you concerned about how you or your children will be supported.

Having the right law firm on board will ensure that your financial situation, and the housing needs of you and your children, are properly considered. At Eric Robinson Solicitors we are experts in seeking the right financial maintenance order, whether on an urgent ‘maintenance pending suit basis’, a lump sum basis, or as part of the final division of assets. We can also make any necessary enquiry on your behalf to ensure that you are only required to pay the appropriate level of maintenance to your previous partner where you are in receipt of any such application.

Pension assets

Pensions can be one of the most significant considerations when dividing assets. In the normal course any state pension will not be divided between the parties. However, private pensions are often divided between separating couples and Eric Robinson Solicitors are experts in pension sharing orders and pension attachment orders.

What happens to non-matrimonial property?

In certain instances former partners who are divorcing may seek to protect items of value that were not acquired as part of the marriage. Such items could take any any number of forms. For example, one party may have significant business assets that were operated prior to marriage. Equally, one party may have pre marriage interests in another part of the UK such as a commercial property in St Albans.

These sorts of items can form part of any divorce settlement and we would be happy to advise any client on the appropriate separation agreement that they should be seeking.

How can our family law team help?

When divorce happens, it is important to resolve all financial matters. A family law Solicitor can help reach a divorce settlement quickly and efficiently, avoiding potential court proceedings.

Our expert lawyers act for clients from all types of financial background and can deal with any financial or property issue that will arise within divorce proceedings. We are happy to offer legal advice to those with little money and few assets, as well as those with much greater wealth. We are on hand to answer the many questions you will have about the potential sale of the family home, or other assets owned jointly by the parties to the marriage, including the family business or company.

At Eric Robinson Solicitors, our divorce lawyers will help you negotiate a financial settlement with your spouse. Financial matters can be complex to resolve, but our team have years of experience in the divorce process- handling difficult settlements and securing results that protect your best interests.

Where financial settlements are reached by negotiation, the terms of the agreement will be incorporated into a written court order which becomes binding on both parties.

If negotiations fail to produce an agreement, the matter will need to be referred to the Family Court so that a judge can determine the appropriate financial settlement in accordance with case law. When considering a case the court will look at the value of all assets and the judge will make a ruling based on each individual’s financial circumstances as well as the needs of the parties.

At Eric Robinson Solicitors, we will represent you at every step of the way, and we will advise you on the relevant factors involved in your case, and how the court will approach a settlement. We will also help you to understand what the possible outcomes could be so that you can make informed choices throughout the case.

To speak to us and find out more, get in touch with one of our local branches at the following locations: Southampton, Hedge End, Chandlers Ford, Winchester, Lymington, or Richmond Upon Thames.

Make sure you check out our useful top 10 tips guides for:

• Top 10 Tips for Divorce
• Top 10 Tips for Finances Following Divorce