Finances On Breakdown
When a married couple decide to separate, by virtue of their marriage, they are entitled to pursue certain financial claims against one another. These claims include claims in respect of property, pensions and income.
Where parties have lived together but have not been married, they do not have the same entitlement to make claims as married couples would have. However, there may be a jointly owned property or other assets or liabilities which the couple have shared and which need to be dealt with as a result of a breakdown of the relationship.
You may also have questions about the financial provision that can be made for any children of the relationship.
Finances On Breakdown
Understanding how financial issues should be resolved following a separation can be complex, as there are a number of factors to take into account. We will discuss with you all of the financial circumstances of your particular case and can assist you to obtain any further information as may be required to enable you to quantify the assets that are available for distribution. We can then advise you as to what is likely to be a fair and reasonable settlement in all of the circumstances.
In the first instance, we will support you in attempting to resolve matters by agreement, outside of the court arena and can assist with negotiation on your behalf with the other party or their representative. We will also provide you with information about alternative options for resolving matters, such as family mediation and can refer you to a local family law mediator if you would wish to address matters in that forum.
If an agreement can be reached, we can help you to turn this into a legally binding arrangement, to ensure certainty for both parties and to protect you from any further financial claims being made in the future.
If you cannot resolve matters by negotiation then we will be able to assist you to make an application to the court in respect of the resolution of financial issues and we will support and guide you through the court process, preparing all relevant documentation on your behalf and arranging for you be represented court hearings.
Talk to Tollers
We have experience and expertise in advising in relation to all financial issues arising on relationship breakdown including, properties in the UK and abroad, pensions, family business interests, inherited and gifted assets and matrimonial and non-matrimonial debt.
We offer an initial advice meeting for a fixed fee of £100 plus vat and would encourage you to provide us with as much financial information as you are able to, at that first meeting, so that we can give you as full advice as possible as to the likely outcome at the earliest stage of your case.