Finances in Divorce or Separation

What do I need to know about financial settlement arising from divorce or separation?

If you happen to be going through a divorce or separation, often the most difficult issue to resolve is how the parties are going to reach a financial settlement.  How are the assets going to be divided?  Is there a need for one member of the divorcing or separating couple to support the other with maintenance payments?  Difficulties can arise, particularly in more complex cases, for example, whether the assets constitute “matrimonial” or “non-matrimonial” in law.  There may be tax or trust implications to consider.

There is no one way, or set formula, for dividing the assets or agreeing a settlement. Each case will depend on the couple’s particular circumstances. 

Mostly, questions over financial settlement will be decided amicably, but there may be need for expert legal guidance to underpin any settlement on a sound legal foundation.  If the parties still can’t agree on a financial settlement, there will be a need to go to Court and get the Court to decide. myBarrister can put you in direct contact with a barrister who is an expert in family law and, in particular, in financial matters arising from divorce or separation.

Why should I choose a barrister?

Barristers are experts in the law and in the conduct of legal disputes. They are able to advise you on your legal position, draft legal documents, advise on formal proceedings and use their advocacy skills to represent you to the highest standard in any court, tribunal or hearing. 

Which barrister should I choose?

If you need expert advice on international divorce, choose a barrister on myBarrister. Barristers will provide you with expert, cost-effective and high-value guidance so you that you know where you stand and can take the right decisions about what to do next. 


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