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Family Finances

Family Finances

It is not always necessary for financial discussions to be completed by the time the divorce is final. Frequently they will still be in the early stages especially if finances are complicated. However, it should at least be possible to resolve immediate problems and make temporary maintenance arrangements.

If you own property or have other capital assets such as savings, shares, ISA's or pensions it is sensible to reach an agreement as to the division of these assets and have this agreement incorporated into a formal court order known as a consent order. This consent order can also provide for a clean break which severs all financial ties between you and your spouse now and in the future. This guarantees no further financial claims can be made.

In the event an agreement cannot be reached there are mediation services available or an application at the court may be necessary. If you do have any unresolved issues surrounding your financial matters or you require more specific advice you will find more details on our website www.beavis-law.co.uk.

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