Financial settlement in divorce
In divorce you will deal with the marital assets. Most divorces involve:
• a marital home which is either jointly owned or owned in the name of one of the couple
• pensions that have accrued during the marriage
• maintenance issues between the couple and for any children
• any savings or debts.
Family run businesses can be an issue as can the tax implications of splitting assets. Our Solicitors have experience and knowledge to advise on all kinds of cases, from the modest to the high net worth. All of our Solicitors are Members of the Resolution Organisation and we endeavour to resolve matters without unnecessary increase of conflict and in a way that ensures that a fair and reasonable outcome is achieved.
Financial settlements are most commonly dealt with by agreement and we regularly assist in negotiating terms of financial consent orders that take into account various factors, including
• the length of the marriage
• value of the assets accumulated
• the housing needs of the parties and any children
• the income-earning capacity of the parties
• any contributions made.
Sometimes it is not possible to negotiate a financial settlement because, for example, the other person will not disclose the value of assets that they hold, or that they want an unrealistic share of the assets. In such cases, applications can be made to the Court and one of our Solicitors will be able to advise you on the Court process, the timescale and the approximate cost. Our divorce solicitors have good local connections with reputable experts who can advise on property valuations, tax advice and valuations of private businesses.
The feedback that we have from our clients is that they appreciate the clear advice that we are able to give to them and also our understanding approach to the situation that they find themselves in.
"Jade Shelton was absolutely fantastic!! Professional and proactive at all times."
"Jade made the process of buying our first home quick, easy and took the stress out of a new chapter of our lives"
"Approachable, very efficient, always willing to take my calls and update me."
"Domini was very fast and efficient in carrying out her work for me - she was also very good at explaining things to me"
"I would like to say thank you for your help, support and guidance over the last two and a half years. Obviously should I need further assistance in the future I shall not hesitate to call you guys."
"The ease that we could access and speak to Pat Smith - Thank you"
"We found Rachel Dawson outstanding, polite, professional and caring."
"I have used Tracey Laflin at Gotelee on a number of occasions and in my opinion, she is simply the most efficient conveyancing solicitor I have ever worked with. From the outset, she took the time to understand my specific business requirements and to date, she has exceeded all of my expectations."
- Dale Fiddy - Portobello Developments Ltd
"Prompt, helpful, polite and very professional service"
"I don't think this house sale would have pulled together without Jo's determination and expertise. Excellent!"