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Whilst 80% of our cases never see a formal Court process in the context of a FDA, FDR, or Final Hearing there are always a few where the Court gets involved. Never the ones with the most assets to argue about but more often than not, there is a lack of truth or a total absence of trust between the…
One of the biggest questions during divorce is the division of assets. And this process includes mortgages & debt. Even though they aren’t an asset, they still need to be considered during the divorce financial settlement. This may include a house mortgage or a credit card debt. So, what happens to it during divorce and what can you expect? Continue…
Accurate asset valuation plays a key role in any divorce. This phase of the process directly affects how fairly you will be treated in the financial settlement and greatly impacts how financially stable you will be after the divorce. Ultimately, to take action to safeguard your interests and work towards a fair resolution you must be aware of how assets…
Divorce brings forth numerous questions, especially when it comes to financial matters and settlements. In this blog post, we’ll answer some of our frequently asked questions to provide clarity and guidance during this challenging time. Read on to find answers to important questions about finances and divorce settlements. How are finances split in a divorce? The division of finances in…
Divorce is one of the most stressful and emotional events of your life. It will affect more than 50% of all married couples during their lifetime. It impacts not just on the two parties but on wider families, children and friendship groups. Whilst many younger couples look to cohabit and not marry – and that in itself causes major issues when…
Going through a separation or divorce is never easy, and one of the most challenging parts of this process is dividing up the financial assets and belongings accumulated throughout the relationship. In the UK, the process of reaching a fair financial settlement is governed by family law. In today’s blog, we will provide you with a comprehensive guide on how…
Divorce can bring significant financial challenges, including the division of marital debts. In the UK, determining how to fairly allocate debts between divorcing spouses is an important aspect of the process. This blog will provide you with a comprehensive guide to navigating the division of marital debts in a divorce. Understanding marital debts Marital debts usually include any debts incurred…
Divorce can be an emotionally challenging experience. Nevertheless, one of the most essential parts is dealing with asset division. A Property Settlement Agreement is essential for guaranteeing a fair and mutually agreed-upon property distribution. This legal agreement specifies how marital assets will be distributed, including real estate, money, investments, and personal possessions. Addressing asset division early in the divorce process…
Anywhere between immediately after filing for a divorce, to a day before the Final Order, one or both spouses may change their mind. Some couples decide on getting a divorce after years of considering it, others may file for a divorce right after discovering an affair, or there are sudden changes in the relationship. Regardless of the circumstances surrounding the…
We are thrilled to announce that we are the finalists for the “Future of Legal Services Innovation” Award, at the highly regarded Legal Innovation Awards 2023. The event is set to recognise the excellence of innovation from private practice, in-house legal departments, and suppliers across the globe. The results will be announced on the 26th of May 2023. Fair Result’s…