You and your spouse, partner or civil partner may have assets – property, savings, investments, pensions – which will need to be considered upon your separation. You may own a business either on your own, with others, or together with your spouse or partner. How will these be divided? What is fair? What should you do to protect yourself?
The starting point for trying to decide how these assets should be dealt with is by finding out exactly what the assets are and how much they are worth. You may need to obtain independent valuations for some of your assets, such as property or pensions. Once that has been ascertained, we will be able to advise you further about a suitable financial settlement and how best to achieve a financial settlement.
We can constructively negotiate either by correspondence or through round-table meetings with your partner, spouse or his or her solicitor. We can resolve a financial agreement through Collaborative practice, which will mean that you and your spouse, partner are more in control of the process, will avoid court proceedings and can determine the best outcome for you and your family, with the support of your Collaborative solicitor and other professionals. If you have attended mediation we can advise you on any agreement reached and assist you in obtaining a legally binding financial agreement.
If agreement is not possible, through any of these methods, and sometimes it is not, it may be necessary to make an application to the court, for a Judge to decide the outcome in your case.
Please contact us to discuss your case in more detail, which will help determine which of the above methods are best suited to your situation.