What is financial settlement in divorce?

A financial settlement is an agreement between you and the other party designed to sort out any and all financial issues. Furthermore, a financial settlement will fairly separate your assets once your marriage is over.What can a financial settlement include?A financial settlement can include:

  • Money, including your savings, pensions, investments and any life insurance policies,
  • Property and the contents of your household, including personal items (if valued at over £500, they must be disclosed)
  • Vehicles
  • Businesses
  • Debts, loans and credit cards

Our experts can advise on the right approach to take for your situation.

How do I deal with financial matters if these have not been agreed during the divorce process?

When a divorce application has been field at court, either you or your spouse can make an application to the court for a financial order. The Orders available include:

  • Periodical payments (maintenance);
  • Lump sum orders;
  • Orders that alter the ownership of a property; and
  • Orders dealing with pensions.

How can our Family Finance Solicitors help you

Clean Break Order

Financial Consent

Order with No Assets

Contested Order

Financial Consent Order with

Financial Disclosure

Consent Order

Financial Consent Order

without Financial Disclosure

Application to Vary or

Discharge a Financial

Order

Why Choose Perduco To Represent You?

  • We specialise in Children & Family Law
  • We operate on an outcome based billing model
  • We communicate transparently and understandingly
  • We stand out from the crowd by simplifying our legal process
  • Above all, we care. We are focused on achieving the best outcome for you and your family, to get back to what is most important.
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