When trying to reach a divorce financial settlement with your ex-partner it can be hard to know where to start. Our family law solicitors can help you understand your rights and options so you can secure a divorce financial settlement that meets your needs.
We know that it can be hard to navigate the legal and emotional aspects of splitting finances, especially when you are recently separated or going through divorce proceedings. Our family law solicitors provide friendly specialist legal advice to help you move on with your life.
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Divorce financial settlements
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When you are trying to reach a divorce financial settlement it is important to understand the range of orders a family court can make and the potential financial orders a judge may make in your financial and personal circumstances. That information should help you negotiate and reach a financial settlement by an agreement. The agreement can then be converted into a binding financial court order.
A financial agreement can be reached through:
- Direct discussions
- Solicitor negotiations including via a roundtable meeting
- Family mediation or other alternative dispute resolution methods such as arbitration
At Fullers we are experts in helping our clients achieve settlements through negotiation. However, where agreement cannot be reached, you or your spouse can apply to the court and we can represent you in those proceedings.
Divorce financial orders
A family court can make orders over assets and property owned jointly or in your sole name or owned by your husband or wife. In some situations, the court can also make orders against third parties who have been joined to the court proceedings as intervenors, such as a trust, family company, or an individual who has had family assets transferred into their name.
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The range of financial orders that a family court can make include:
- Sale of property, such as the family home or family business or an investment portfolio, or a holiday home
- Deferred orders for the sale of the family home – known as mesher or martin orders
- Transfer of property from joint names or the sole name of a husband or wife. Transfers can include property, investments, or shares in a family business
- Lump sum payment
- Spousal maintenance which includes applications for immediate financial support when the case is just starting, as it progresses and long term.
- Children financial orders, such as top-up child maintenance or a school fees order
- Pension sharing orders
- Variation orders – to increase or reduce or stop spousal maintenance payments or to capitalise spousal maintenance
- Orders that one party contributes towards another’s costs
- Clean break orders – to prevent one or both parties from bringing any further financial claims against their former husband or wife. Without a clean break order, there is always a risk that an ex-partner may try to make a financial court application at some point in the future.
Whether you reach an agreement amicably, or after input from a family mediator, it is important to formally record your agreement in a financial court order. Without a court order, you leave yourself exposed to future problems, such as potential further money claims.
If you reach an agreement direct or following mediation, we can let you know whether the terms agreed are fair and reasonable to both parties and obtain the court order on your behalf.
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Our reviews
Delivering excellent results
Calm, professional and communicative
Ammarah Balouch’s guidance and preparation made the first hearing much more manageable. From the start, she was well-prepared and communicated clearly, explaining each stage, so I knew what to expect. Because the case involved my daughter, it was emotionally challenging for me. However, Ammarah remained calm and professional throughout. She ensured the key points were clearly articulated and kept the discussion focused on my daughter’s best interests. Her practical advice, steady support, and responsive communication reduced my stress and boosted my confidence. Following the hearing, we achieved a significant milestone in establishing contact with my daughter, which had previously been made difficult by my ex-wife. This outcome highlighted the effectiveness of Ammarah’s approach and preparation, and I would confidently recommend her to anyone needing support in a family matter.
Szymon
Kind and supportive throughout
Following my initial consultation with Fullers Family Law I chose Fullers to manage my Divorce proceedings and my Financial Matters / Financial Remedy. In all aspects of my case Fullers Family Law have been excellent. I must however specifically mention Asia who has handled my financial matters and been a tower of strength through a most difficult time. I have found Asia to be calm, confident, highly knowledgeable, efficient and honest with a kind and reassuring manner even when I doubted a fair and reasonable settlement was possible. Throughout the process which, through absolutely no fault on Asia`s part, resulted in the case going before the Courts. Asia was professional, supportive, caring and provided clear, realistic advice and guidance. I am absolutely certain that without Asia I would not have been able to secure what I consider to be a very fair and reasonable settlement. I can genuinely recommend Fullers Family Law and specifically Asia Razaq-Miah.
Anonymous reviewer
Outstanding attention to detail
I had the pleasure of working with Reena Bhanderi for my divorce case, and I cannot recommend her highly enough. From the beginning, Reena was incredibly professional, knowledgeable, and compassionate, guiding me through what was a very challenging time. She took the time to explain every step of the process in clear terms, always ensuring that I felt informed and supported. Her attention to detail and dedication to achieving the best outcome for me was outstanding. Reena was always responsive, and her calm and reassuring approach made a difficult situation much easier to manage. I am extremely grateful for her expertise and would wholeheartedly recommend her services to anyone in need of a solicitor. Thank you, Reena, for your excellent work!
Tarun