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Financial Matters

How to Create a Post-Divorce Budget: Steps to Financial Stability

How to Create a Post-Divorce Budget: Steps to Financial Stability

Steps to Regain Financial Stability and Plan for a Secure Future Divorce can be a challenging and emotional journey and managing your finances during and after this period is crucial for your long-term wellbeing. This blog aims to provide clear, actionable steps to help you navigate your finances post-divorce, regain stability, and make informed decisions for a secure future. The…

A Guide to Spousal Maintenance

A Guide to Spousal Maintenance

This blog serves as a practical and informative guide to spousal maintenance in divorce settlements. It clarifies what spousal maintenance is, who may be eligible, how payments are determined, and key considerations when negotiating or contesting maintenance. Keep reading to find out more. What is Spousal Maintenance? Spousal maintenance, sometimes mistakenly called alimony, is financial support paid by one spouse…

How to Prepare for Financial Discussions During Divorce

How to Prepare for Financial Discussions During Divorce

Many people focus on the divorce process itself, but in reality, the financial settlement is often the most complex and costly part. It’s important to remember that financial discussions are separate from the divorce application, and many lawyers don’t include these costs in their initial quotes. In an ideal world, couples should agree on finances before filing for divorce. Unfortunately,…

5 Common Myths About Financial Settlements in Divorce

5 Common Myths About Financial Settlements in Divorce

Financial settlements in divorce refer to the process by which a couple’s joint assets and finances are divided upon the dissolution of their marriage. This often complex and emotionally charged process aims to ensure that both parties receive a fair share of the marital assets. However, numerous divorce myths and misconceptions surrounding financial settlements can lead to misunderstandings and unrealistic…

How Do I Ensure a Fair Financial Settlement in Divorce?

How Do I Ensure a Fair Financial Settlement in Divorce?

Divorce is not just an emotional challenge; it’s a legal and financial minefield. For many, the process of negotiating a financial settlement is often drawn out and fraught with unnecessary complications. Beyond the stress, traditional divorce services—dominated by solicitors—often come with spiralling costs, lengthy delays, and strained family relationships. At Fair Result, we understand these frustrations and have created a…

What Happens to Your Finances in Divorce? Key Factors to Consider

What Happens to Your Finances in Divorce? Key Factors to Consider

Divorce is a complex and emotionally challenging experience, and it’s often accompanied by a range of financial implications. As you navigate the divorce process, understanding what will happen to your finances can make a significant difference in protecting your future. In this guide, we’ll cover the essential financial aspects of divorce, including financial settlements, consent orders, mediation, and how the…

The Hidden Costs of Divorce: Unwanted Cohabitation and Its Consequences

The Hidden Costs of Divorce: Unwanted Cohabitation and Its Consequences

Divorce is often a difficult and emotionally charged process, with couples facing numerous challenges as they navigate the legal, financial, and personal complexities of ending their marriage. However, one aspect that is frequently overlooked is the potential for unwanted cohabitation after divorce, a situation that can arise due to economic circumstances and have detrimental impacts on the well-being of both…

Hidden Assets and Discovery: Uncovering Concealed Wealth in Divorce

Hidden Assets and Discovery: Uncovering Concealed Wealth in Divorce

Hidden assets in divorce cases are unfortunately not uncommon, representing a challenge that can significantly impact the fairness of a divorce settlement. Parties may attempt to conceal wealth through various means, such as offshore accounts, undervaluing assets, or transferring funds to third parties. The prevalence underscores the need for a thorough and vigilant approach to asset disclosure during divorce proceedings.…