The end of a relationship is a difficult time for the vast majority of people. The prospect of resolving financial arrangements can be daunting. There are a number of ways of dealing with this aspect of your relationship breakdown:
- Direct discussions with your spouse, with legal advice as and when necessary
- Negotiations through solicitors
- Collaborative Law
- The Court Process
Whichever method is used, both you and your spouse/partner should give the other full detail of their financial circumstances, with financial documents as evidence. The relevant law sets out all the circumstances which need to be taken into account in deciding what is fair and reasonable for each of you to receive or keep at the end of your marriage/civil partnership. We can assist you to reach an early settlement thereby avoiding a costly and stressful experience of using the Court process. Alternatively, if a more robust approach is required (perhaps because your spouse/partner will not give you their financial information or refuses to become involved in discussions), we can guide you through the Court process.
It is always sensible to take advice soon after your relationship breakdown to ensure you are aware of all the options open to you and the possible outcomes you could achieve. Likewise once you have reached an agreement it is sensible to have that agreement drawn up as Court Order for approval by a Judge. You would not have to attend Court to obtain this approval. If there is no Court Order one of you could change your mind several years later and the anxiety of uncertainty will start all over again.