You should always obtain legal advice before signing a divorce financial settlement placed before you.
When getting divorced it can be one of the most stressful times in a person’s life. Juggling with the life-changing events before you can make rationalising a divorce financial settlement hard and complicated.
At MD Law Cardiff we can help you with this. It is crucial that you obtain a secure divorce financial arrangement for your future, there will be points which you will need to discuss with us and consider.
What is a Divorce Financial Settlement?
A financial settlement in England and Wales is an agreement either reached between the parties amicably or one which the financial remedies court will make for you. It is always better to remain as amicable as possible with your spouse or civil partner; however, we totally appreciate this is not always possible.
- What is a Divorce Financial Settlement – A divorce financial settlement in England and Wales is an agreement either reached between the parties amicably or one which the financial remedies court will make for you. It is always better to remain as amicable as possible with your spouse or civil partner; however, we totally appreciate this is not always possible.
- What should be included in the divorce financial settlement – all assets that the parties own jointly or in their sole name can be looked at and considered, such as (but not limited to) income, division of property, pensions, savings, and investments.
- What happens if you cannot agree? – The Courts like to see that parties have attempted if it is possible (and this is not always, for example in domestic abuse cases) that you have attended mediation to try and compromise rather than head straight into court proceedings, which can be costly, stressful and time consuming. The court is not there to punish parties when they have decided to separate but they do encourage the parties to try and agree the issues between them.
- What happens if we agree? – Great! Once you have obtained your legal advice and you have negotiated terms you can agree to, then you will be required to submit a draft consent order together with financial form D81 into the court for a Judge to review and hopefully (as subject to the court’s approval) make the paperwork binding by granting the court’s approval. MD Law Cardiff are skilled negotiators and advisors for achieving fair financial outcomes. We will always look to support you and encourage the best way forward for you.
- Protect your future – at MD Law Cardiff we will look at your financial position and advise you to proceed in a manner that works for you. It is important that any financial agreement is binding and that you can make a ‘clean break’ from your ex-spouse/partner as soon as possible, ensuring also that your financial assets are safe from any future claims by the other party.
- Protect your financial future during your divorce – Speak to our Cardiff financial settlement experts at MD Law Cardiff for tailored advice.”
Get expert divorce financial settlement Wales advice. MD Law Cardiff helps you secure a fair division of assets. Protect your future. Contact us for an initial telephone appointment with one of our staff on 0292 0625835 or e-mail in**@md***********.uk