For many separating couples, dealing with finances can be the most difficult part of the process. Whether there is a specific issue that has become an impasse, or you feel that the overall valuation and representation of finances are unfair, our expert divorce financial settlement solicitors can help you find a solution.
Putting in place a tailored, legally enforceable agreement can be key to proceeding with your separate lives with mutual understanding of how your assets will be divided and how your children supported. Whether through negotiation, mediation, collaborative law or an application to the Courts, we can ensure that the settlement you reach is specifically tailored to your needs.
At Clifton Ingram, we have extensive experience dealing with the financial consequences of relationship breakdown, involving high-net-worth individuals as well as those with more modest means. We believe in adopting a common-sense and realistic approach to achieving a speedy and cost-effective resolution of financial issues.
We can advise you on all financial matters including maintenance, lump sums, a transfer or sale of property, pensions and potential claims via the Child Maintenance Service. We also deal with more complex financial proceedings including those involving partnerships, companies, trusts, substantial inheritances and foreign jurisdiction.
For immediate support, please contact our team, or you can read our FAQS to learn more about divorce financial settlements.
Contact our divorce financial settlement solicitors in Farnham, Reading and Wokingham today
Our team work from offices in Farnham, Reading and Wokingham. We advise on divorce financial settlements in the UK all over Berkshire, as well as Oxfordshire, Buckinghamshire, Surrey and further afield.
Speak to one of our divorce financial settlement solicitors today by calling 0118 978 0099 or using our contact form, and we will respond quickly.
Why trust Clifton Ingram for divorce financial settlement advice?
- One of the leading divorce financial settlement teams in the Thames Valley and M3 Corridor, through to Surrey and surrounding areas.
- Regularly providing advice to clients in Farnham, Reading and Wokingham and across all of Berkshire and the surrounding areas, including Bracknell, Theale, Henley, Ascot, Crowthorne, Maidenhead, Camberley, Farnborough and Windsor.
- Strong rankings in the impressive and respected client guide The Legal 500
- Accredited by the Law Society’s Family Law Scheme in recognition of the outstanding service, quality and expertise that we provide to our residential property clients.
- Decades of experience with resolving complex and high-value divorce financial settlement issues.
- Transparency on all costs and fees associated with legal assistance.
- Proactive approach to communication that keeps you in the loop all throughout your time with us.
- Impeccable service quality tailored to your needs.
Our divorce financial settlement services include:
- Negotiation of financial settlements
- Court applications for Financial Orders
- Consent Orders and Clean Break Orders
- Division of complex assets
- Child Maintenance
- Mediation and collaborative law
Our divorce financial settlement services
Negotiation of financial settlements
A financial settlement accounts for how assets, income, liabilities, and pensions will be divided after a divorce or separation. It is an important step for most couples and can often be a point of contention, but the goal is to achieve a fair, practical settlement that addresses the contributions and needs of both parties.
Our solicitors can provide strategic financial advice and guidance through negotiations with your former partner, including via mediation where appropriate. With our support, you can be certain that your financial interests are protected throughout and that you are able to reach a suitable settlement.
Consent Orders and Clean Break Orders
A Consent Order formalises a financial settlement and makes it legally binding. Depending on your circumstances, a Consent Order may include a Clean Break Order which severs any financial ties between you and your ex-spouse, preventing them from making future claims against you and vice versa.
Our divorce financial settlement solicitors can draft these orders and tailor them to accurately reflect your agreements and ensure that, should it prove necessary, the court will be able to enforce them in the future.
Court applications for Financial Orders
If you and your former partner cannot agree upon the terms of a financial settlement, an application for a Financial Order could be the best solution. This application gives the court the power to decide how finances in a divorce should be allocated.
Our financial settlement solicitors can help draft and prepare this document, present your case in court, defend it, and support you through the entire legal process.
Division of complex assets
It is crucial that complex assets from a marriage, such as business interests, trusts, pensions, or overseas properties, are fairly valued and divided. Assessing high-value assets can be complicated, and our legal team can help you navigate the tax implications, ensure an accurate valuation, and achieve a fair outcome.
Child maintenance
Child maintenance arrangements can be included as part of a financial settlement to ensure that your children are appropriately financially supported after the divorce.
Our divorce financial settlement solicitors can help you make necessary arrangements, arranging formal or informal discussions where necessary and ensure that the settlement fully considers you and your child’s needs.
Mediation and collaborative law
Mediation and collaborative law are dispute resolution methods that can be especially helpful when resolving matters relating to divorce financial settlements. Wherever possible, we aim to resolve matters without involving the court as we find this keeps the cost and time burden down for our clients whilst also leaving the final decision in their hands.
Our financial settlement solicitors can organise and support with the mediation process, as well as acting as collaborative law representatives, helping you to reach favourable and constructive solutions and supporting important relationships wherever possible.
Learn more about divorce financial settlements
- Can you get a divorce without a financial settlement?
- How does financial settlement work in divorce?
- What are the key components of a financial settlement in divorce?
- How can a lawyer help with a divorce financial settlement?
- How long does a divorce financial settlement take?
Can you get a divorce without a financial settlement?
Yes, you are able to get a divorce without agreeing a financial settlement, but doing so can leave complex financial matters unresolved and potentially leave you exposed to claims from your former partner in the future. In order to protect your current and future financial position, you are strongly recommended to formalise your divorce settlement by making a financial settlement and having this formalised in a Consent Order.
How does financial settlement work in divorce?
A financial settlement in divorce will outline how income, assets and liabilities will be divided between separating couples. You can establish one through mutual agreement, but to make sure that your settlement is legally sound and fair, you are advised to pursue solicitor-led negotiations.
What are the key components of a financial settlement in divorce?
The key components of a divorce financial settlement should address all marital finances and how they will be handled after separation. Typically, this includes:
- The division of property, including the family home and investment assets.
- Savings and investments, such as ISAs, shares, and bonds.
- Pensions, which can be shared or offset as part of the agreement.
- Spousal maintenance, depending on income disparities.
- Child maintenance, either privately arranged or through the Child Maintenance Service.
- Debts and liabilities, ensuring financial responsibility is fairly allocated.
How can a lawyer help with a divorce financial settlement?
A lawyer can provide vital financial advice on divorce and protect your best interests during the separation. Their expertise ensures that your legal and financial interests are safeguarded by:
- Guiding you through complex financial issues
- Negotiating on a fair settlement
- Drafting and submitting a Consent Order
- Ensuring a full financial disclosure
- Representing you in court
How long does a divorce financial settlement take?
The time that it will take to resolve the finances in divorce will vary depending on the complexity of the situation and the willingness of all involved parties to communicate.
Typically, straightforward cases can take between 1-3 months, whilst cases that require negotiation can extent to 3-6 months time. Court proceedings significantly impact the timeline, sometimes lasting 12 months or more.
Delays commonly arise from a lack of disclosure or disagreements over sticking points such as the shared home. Our divorce financial settlement solicitors can help guide you through this process.
Our divorce financial settlement solicitor’s fees
Clifton Ingram provides upfront and accurate cost estimates wherever possible and will ensure that you receive a prompt estimation of the fees we will incur.
For some matters, we can provide fixed fees. Where this is impossible, we will offer a realistic fee range so that you can progress with us with a clear idea of your financial involvement.
To find out more about our divorce financial settlement solicitors’ fees, please use the contact details below to get in touch.
Contact our divorce financial settlement solicitors in Farnham, Reading and Wokingham today
Our team work from offices in Farnham, Reading and Wokingham. We advise on divorce financial settlements in the UK all over Berkshire, as well as Oxfordshire, Buckinghamshire, Surrey and further afield.
Speak to one of our divorce financial settlement solicitors today by calling 0118 978 0099 or using our contact form and we will respond quickly.
Alternatively, talk to someone now via our