‍Top 5 Tips for Financial Settlements within Divorce

by Jo Spain

Ending a marriage can be difficult and, when you include the need to settle the financial side as well, this can cause even more worry and stress.  To help, here are our top 5 tips for navigating your way through financial settlement.

‍Tip 1: Speak to a Solicitor early on in the process

Even if this is just for an initial chat, it is sensible to find out how the law works, what needs to be taken into account and how things are likely to be divided. They are the experts so ask them for advice.

Tip 2: Gather together documentation as soon as possible

Pension valuations, your latest bank statements, evidence of debts and payslips/P60s.  All of this will be needed at some stage and the sooner you get hold of it the better.

Tip 3: Be completely transparent and truthful about your finances

This is vital for dealing with both your spouse and your solicitor and avoids problems in the future, which could include being held in contempt of court for non-disclosure or even having an order set aside by a Judge.

Tip 4: Try to talk to your spouse direct to see if you can reach an agreement

This will save money and time and may help preserve a good relationship with them which is vital if there are children of the family.

Tip 5: Be prepared to consider non-court dispute resolution such as mediation or arbitration.

Recent changes in the rules mean that this is encouraged by Judges and it is worth exploring to save time and money.

So, knowing how important it is to get the financial side of your divorce right is one thing, but actually getting it right so you get the fair financial settlement you deserve is another.
But don’t worry, we’re here to help.

‍

I’m Jo, and I’ve been helping clients who are in situations like yours for well over two decades now.

I understand the challenges of navigating through financial settlements and getting the honest advice you need, not just to get the fair financial settlement you deserve but doing it in a way that is as smooth, efficient, and fuss-free as possible.

That's why I founded SpainWilliams, a specialist Family Law practice where you will always receive honest and straightforward advice from some of the best specialist solicitors, advice that helps you get to where you need to be.

My passion for finding the best family law specialist solicitors who put your best interests first means you will always get the best possible advice and help.

Read reviews by our clients and see what they say about us...

Real Stories, Real Results

“I struck lucky when I randomly web searched a firm to handle a financial settlement. I received an impeccable service from Jo who was reassuring and realistic at all times and have no hesitation in recommending SpainWilliams.”

Richard

April 30, 2024 - Review posted on Google

‍

It’s not just Richard...

Why Choose Our Solicitors?

• Expert Guidance: Our team has years of experience navigating the complexities of divorce law.
• Personalised Support: We understand every case is unique, and we tailor our approach to your needs.
• Proven Results: We’re committed to achieving the best outcomes for our clients, as our testimonials show.

Ready to Secure Your Financial Future?

Fill out the form below today to schedule a consultation, and let’s help you navigate your way through the financial settlement side of your divorce, and take your first step towards a brighter future.

‍