Divorce Financial Settlement Solicitors

The firm has an excellent reputation and a very high level of professionalism.

Chambers & Partners, 2023

Once you've taken the decision to divorce, untangling your shared finances and assets can feel daunting. But getting a satisfactory financial settlement is an important part of securing your future.

A financial settlement is a legally binding decision on how you and your partner will divide your assets and wealth when your marriage ends. This can include:

Rights to property
Savings
Shares
Pensions
Any international assets
Liabilities for debts
Custody of children – along with any maintenance payments, school fees etc.

With so much to consider, you need to have the best legal expertise on your side. Our nationally renowned solicitors have decades of experience, working in the highest courts, changing laws and setting new precedents. We offer a personal service, ensuring you're completely in the know and supported every step of the way.

A one-size-fits-all approach doesn’t work when defining a financial settlement, so we will look at your finances and lifestyle and ensure you get the best outcome possible. A range of factors are taken into account when deciding the terms, including:

You and your partner's assets and finances
You and your partner’s current and future needs
Each of your earnings and earning capacity
Whether there is any foreseeable change in your or your partner's finances
Whether you have children, and if so, their ages and needs
The age of you and your partner
Both parties’ health, and whether this will affect your future abilities to earn
The length of your marriage – including any time spent living together before you got married.

You do not necessarily need to go to court to reach a financial settlement – you could agree an outcome with your partner through negotiation, arbitration, mediation or collaboration. Our family law team includes trained mediators and arbitrators, who can help you get a quick resolution.

It is worth noting, however, that even if you agree a financial settlement out of court, you may need to take other issues, such as childcare, before a judge.

We work with you to ensure you understand the process and feel comfortable with every decision. It’s important to work with experts whom you trust, and who have the knowledge and experience to secure you the best possible result.

Expert Anna Chenoweth discusses managing financial arrangements in more detail.

If you would like to talk to us about how we can help you with your divorce financial settlement, or if you would like to know more about our divorce services, call us on 0370 1500 100 or contact us online and we’ll get back to you as soon as possible.

Mediation Support Service – 30-Minute Consultation

Family mediation can be a less confrontational and more cost-effective way to resolve a dispute. We offer a 30-minute consultation with one of our solicitors to discuss your situation and if mediation is right for you.

If you decide to go ahead with mediation, you can benefit from our cost effective mediation support service. This service will give you the advice, support and tools to get the best possible outcome – particularly if you’re representing yourself.

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Ros Bever National Head of Family Law Meet the team

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More Information - Divorce Financial Settlement Solicitors

"Ros Bever is an excellent lawyer who is passionate about getting things right."

Chambers & Partners, 2019

Frequently Asked Questions

Can You Divorce Without A Financial Settlement – and vice versa?

You do not need a financial settlement to complete your divorce. In some cases it can be beneficial to wait a little longer before dividing your assets, for example, if you need to sell your house and the property market is weak.

It can be much more complicated to agree a financial settlement after a divorce, however. For example, if you or your partner’s finances suddenly change while you are separated, it can make agreeing terms much harder.

If you and your spouse are not yet ready to divorce, you may be able to get a form of financial settlement via a Separation Agreement. This covers all the financial considerations between you and your partner, stating clearly how you wish to divide them up. Both parties sign the form, which sets the terms of the separation.

A Separation Agreement doesn't stop future orders being brought before a court. It can inform a court's decision on your case, however, potentially making it quicker for you to get a financial agreement.

For specific advice on your situation from one of the UK's leading family law teams, call us on 0370 1500 100 or contact us online and we’ll get back to you as soon as possible.

Does The Length Of Time You've Been Married Impact The Settlement?

The length of a marriage – and any time you and your partner lived together before marrying – significantly affects the terms of a financial settlement.

If you have been with your partner for a long time – over a decade, for instance – then the financial settlement can be more complicated to work out. A longer marriage typically means there has been more time for financial ups and downs, periods of unemployment and scope for one party earning more. The support you and your partner have given each other to enhance the other’s earning potential is also considered. As a general rule of thumb, the longer the marriage, the more likely your combined assets will be divided in half.

Shorter marriages – if you have only been together for a couple of years, for example – are typically more straightforward. A court would look at what both of you brought into the relationship and divide the finances accordingly, unless there is a good reason not to.

As every case is different, it is important to have an experienced team at your side. We are one of the UK's leading family law firms, with solicitors who have challenged – and even changed – the law, so you can be confident that our personalised service will give you the best possible chance to reach the resolution you deserve.

Speak to us on 0370 1500 100 or contact us online and we’ll get back to you as soon as possible.

Can My Ex Claim Money From Me At A Later Point?

If you and your ex-partner do not draw up a ‘clean break' clause in your divorce Consent Order, then it is possible for one of you to make a claim against the other at a later date. This might be an issue if your partner experiences hardship in the future, or if you experience a sudden financial windfall.

Any ongoing financial relationship after the divorce, such as child maintenance payments, can always be subject to challenge at a later date.

It’s also worth remembering that if you think your partner was dishonest about their wealth when the divorce was being agreed, it is also possible to bring a future challenge – we have significant experience in this area so you should contact us if you are concerned that your partner did not disclose their assets.

For more information about our financial settlement services, please do get in touch. You can call us on 0370 1500 100 or contact us online and we'll get back to you as quickly as possible.

I live in Scotland, can Irwin Mitchell help me?

Our expert family law team works with a number of trusted partners to help our clients with family law issues in Scotland.

We’ll be your point of contact and manage the entire process for you throughout. You’ll get frequent progress updates and we’ll break down any legal jargon into plain English so you’re always in the loop.

To find out more about how we can help, give us a call on 0370 1500 100 or contact us online.

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