At Hart Brown, we are sensitive to the fact that divorce can be an anxious and emotional time, especially when it comes to financial settlements.
A financial settlement is a legally binding agreement that outlines how assets and wealth will be divided upon divorce, including how the income needs of the divorcing couple and their children are to be met. Financial disclosure has to be provided to ascertain the matrimonial ‘pot’ and this can include a wide range of assets including assets held abroad, such as:
- Bank and Savings accounts
- Shares/share options
- Family business
- Liabilities for debt
Our experienced team of divorce settlement solicitors offer a wide range of services to help you navigate the complexities of divorce. We can provide you with expert advice and guidance, helping you to negotiate a financial settlement that reflects your needs and best interests.
We understand that going to court is not always ideal, which is why we offer alternative solutions to help you and your spouse resolve your financial dispute amicably.
When deciding the terms of your financial settlement, the following will be considered:
- Both your and your spouse’s earning capacity
- Each of your assets and finances
- Whether there are any foreseeable changes to either of your finances
- Your ages
- Whether you have children, how old they are and their needs
- The length of your marriage
However, even if you agree on a financial settlement out of court, the court will need to approve it and we will guide you through that process.
Our experienced team of solicitors are here to provide you with comprehensive legal advice throughout your divorce settlement process. If you would like to learn more about how we can help you with your financial settlement, please get in touch with our team today. Call us on 01483 887766, email us or start a live chat here.