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Divorce Financial Settlement

When going through a divorce, it is advisable that you obtain a Financial Settlement in order to determine how assets and debts will be divided.

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Following a marital breakdown, you will need to make decisions about how to share your individual and joint assets. The process of division of these assets is known as a financial settlement.

When it comes to making these financial decisions, it can involve a lot of negotiation between the parties. This can be very daunting at such an emotional time, which is where legal advice can help. 

What is included in a financial settlement?

You and your spouse both have the right to bring certain financial claims against each other in respect of the follwing assets (but not limited to):

  • Property/Land
  • Savings
  • Stocks and shares
  • Pensions
  • International assets
  • Children – maintenance, school fees and other relevant payments
  • Liabilities

It is possible to reach an agreement by consent, in which case we can assist you by preparing a Consent Order to submit to the Court for approval by agreement. If you cannot reach an agreement, we can assist in making an application to the court.

Each case of matrimonial financial matters is looked at on its own facts and the Court has a great deal of discretion in how they deal with finances. When exercising that discretion, they will take into account all the circumstances of the case.

How can Jordans Solicitors help?

Our family lawyers have the experience and expertise dealing with the financial decisions during a separation and/or divorce, and can assist you in obtaining an equitable settlement. They are here to help you throughout the entire process.

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You may be worried about the cost implications of legal matters, which is why we offer up to 30 minutes free initial consultation*.

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If you would like to speak to one of our specialist family law solicitors, you can call us on 033 0300 1103. 

Alternatively, you can request a call back below and we will be in touch to discuss your case.

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*Initial up to 30-minute free consultations, will be offered at the discretion and availability of the family law team. Appointments are limited to one initial consultation per person regardless of the nature of the enquiry.

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