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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,…
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…
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…
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…
Divorce can be a complex and emotionally charged process, especially when it involves the valuation of shared assets. One crucial element that often comes into play is the role of a Single Joint Expert (SJE). In this FAQ guide, we’ll delve into what an SJE is, why they are important, and how they can help streamline your divorce proceedings. What…
In every divorce where there is a business involved, there almost certainly will be the need to value it. Often, a Single Joint Expert (SJE) is appointed to do this, agreed by both parties. The conclusion from the work of the SJE is always agreed upon by the Court and the Judge presiding over such matters. Remember the Judge is…
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 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.…
Embarking on the journey of financial planning post-divorce can be a challenging but transformative process. We understand that navigating the complexities of single parenthood and managing tighter finances can be overwhelming. However, at Fair Result, we’re not just here to offer support; we’re here to ensure your financial planning journey is fair and equitable. Let’s face it: divorce often brings…
Going through a divorce is stressful enough without having to worry about what will happen to your business. For business owners, a divorce isn’t just about splitting up the house and bank accounts – the company you built is often one of the most valuable assets on the line. Dividing up business assets like shares, equipment, or property or forcing…