Finances on Divorce
Dealing with finances on divorce can be complex. Our specialist finance divorce lawyer team can provide you with the specialist knowledge and support you need at what can be a difficult time.
Our family law experience
Our solicitors are highly experienced in dealing with contested financial proceedings arising from a divorce and are here to help. We often advise business owners, farmers, individuals with offshore assets based in foreign jurisdictions, and the spouses of such individuals. We can also represent third party “intervenors” who claim an interest in the assets being considered by the court and anyone requiring advice on variation, setting aside and enforcement of financial orders.
We have extensive, well-established connections with other local professionals such as barristers, pension-on-divorce experts, financial advisors, divorce coaches, therapists and accountants who may be needed to provide you with support or expert guidance throughout the process – particularly if your financial circumstances are more complex. We will work collaboratively with them to obtain the best possible outcome for you. Whether your case involves straightforward asset division or a more complex divorce financial settlement, our team has the depth of experience to guide you through it.
Dealing with finances on divorce
Dealing with finances on divorce does not necessarily mean that things have to be contentious. It is entirely possible that you and your spouse may be able to agree the terms of a financial settlement without issuing court proceedings.
There are also other non-court options available to help you negotiate an agreement, such as our ”one couple one lawyer” offering, mediation and collaborative law, to name a few.
Once you have agreed terms of settlement with your spouse, they will be recorded in a document called a Consent Order, which the court will need to approve. However, sometimes an application to court is necessary if matters cannot be agreed.
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We work with a range of people from all walks of life, from teachers to company directors to those in the armed forces.
We’ll be with you when you need us most; providing guidance and understanding while remaining firmly in your corner.
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Frequently Asked Questions
A divorce financial settlement is the legal agreement that divides assets, income, and pensions between divorcing spouses. It can cover property, savings, investments, and ongoing maintenance payments. Settlements can be reached through negotiation, mediation, or court proceedings if an agreement cannot be reached. Once finalised, it is usually made legally binding through a consent order, ensuring both parties are protected from future financial claims relating to the marriage.
A consent order solicitor ensures your financial agreement is drafted correctly and submitted to the court for approval, making it legally binding. Without this step, even agreements both parties have signed remain informal and unenforceable. If your former spouse’s circumstances change later, an unprotected agreement could leave you exposed to further financial claims, which is why professional drafting and proper court approval matter so much.
Timeframes vary depending on complexity and cooperation between parties. Straightforward cases resolved through negotiation or mediation can take a few months, while contested matters involving businesses, pensions, or significant assets may take a year or more. A finance divorce lawyer can help identify likely sticking points early and keep the process moving efficiently toward a fair and timely outcome for both parties.
Generally, no. Once a court approves a consent order, it is final and binding, with limited exceptions for circumstances such as fraud or material non-disclosure at the time of agreement. This is why it’s essential to get the terms right before submission with the help of a consent order solicitor, since reopening a settled financial matter later is difficult, time consuming, and often costly.
Yes. Pensions are often one of the most valuable assets in a marriage and dividing them correctly requires specialist input. A finance divorce lawyer can advise on pension sharing orders, offsetting, and valuations, working alongside actuaries where needed to ensure any divorce financial settlement reflects the true value of all assets, not just the more visible ones like property and savings.