Reaching a financial settlement is always a cause of considerable concern to anyone contemplating divorce proceedings. We have a great deal of experience in negotiating satisfactory financial settlements for our clients. We have a legacy of dealing with clients with complex financial affairs, including businesses, offshore trusts and family settlements. Our main concern is to ensure that robust negotiations are carried out, but that the proceedings are not unduly drawn out. If you have children, their welfare will be a very important consideration in the financial settlement.
The first step to a fair settlement, is to ensure we have a clear and accurate picture of the assets of each partner. This process is called disclosure. Both partners must make a full and frank disclosure of their financial position before negotiations can start. Once we have all the details of the assets, and agreed their values, we can then open negotiations to reach a settlement.
Most cases are settled by negotiation between the couple and their lawyers. It is normal, however, to issue an application to the court to resolve a financial dispute. Sometimes this is necessary to force the issue of disclosure or to establish a reasonable time frame for the process. Only a very few cases are actually resolved by a final hearing in front of a judge.
Our solicitors specialise exclusively in financial and property matters. They deal with of all levels of complex matters in ancillary relief following divorce or judicial separation like –
- Periodical payments (Maintenance)
- Transfer of Property-Adjustment Property Ownership
- Freezing of Assets
- International Assets
- Property disputes between unmarried couples
- Separation Agreements
- Prenuptial Agreements
If you would like to discuss how the assets in your case are likely to be divided, please contact our family department on 020 8543 3302.