You and your spouse, partner or civil partner may have assets such as property, savings, investments, pensions etc which will need to be considered upon your separation. You may own a business either on your own, with others, or together with your spouse or partner. There are lots of questions such as how will these be divided between you? What is a fair outcome for both parties? What steps should you take to protect yourselves!
Trying to decide how these assets should be dealt with can seem like an overwhelming task and we are here to help guide you through the process.
We begin by gathering all the information relating to your assets and how much they are worth. In some instances, you may need to get independent valuations. Once that has been established, we will be able to advise you further about a suitable financial settlement and how best to achieve a financial settlement.
This is not always easy and at times it can be stressful, however, it is important to remember that every case gets there in the end. Some are more complex whereas others are more straightforward. We will constructively negotiate either by correspondence or through round-table meetings with your partner, spouse, or his or her solicitor. If face to face isn’t an option, there are other ways.
If you have been or are attending mediation, we can advise you on any financial agreement reached and we will assist you in obtaining a legally binding financial agreement. If reaching an agreement is not possible through any of these methods, and sometimes it is not, it may be necessary to make an application to the court for a judge to decide the outcome in your case. If this is the only outcome, you can be assured a supportive, proactive, and understanding approach from your family law solicitor.