Just like divorce, you can make a claim for financial settlement in annulment proceedings. If you share a house or other valuable assets, these may need to be divided depending on the circumstances of each case.
The court can make broadly the same orders for financial provision as it can on divorce. A financial settlement can be reached by agreement between you and there are a number of processes which can be used to avoid going to court. However if you cannot reach an agreement then the court can decide the matter and make an order.
Annulment can also result in child maintenance arrangements being made for children up to the age of 16 or alternatively, 20 for those completing full-time secondary education.
Our expert family law team can guide you through this process. If you have any further queries about this or about annulments in general, get in contact on 0345 604 4911 to speak with one of our specialist solicitors today. Alternatively, you can contact us online and we'll get back to you as soon as possible.