Resolving financial matters during divorce
Resolving financial matters is often the most difficult part of your divorce. Consideration has to be given how to provide a home for each of you and your children.
Our team at Prince Family Law have substantial experience and a formidable reputation for achieving the best outcome possible for our clients when dealing with the financial aspects of your marriage breakdown. Our family law solicitors in Sheffield and Chesterfield will consider all the options available to you, including negotiation, mediation, collaborative law and arbitration.
If none of these approaches is suitable and an application has to be made to the Court we will provide strong and confident representation to ensure the best possible financial settlement for you.
Negotiating a financial settlement in divorce can be an extremely complex process dealing with issues such as valuations (of shareholdings, properties, business assets and pensions) or assets acquired from sources outside of the marriage for example inheritance/pre-acquired assets and maintenance for both your children and yourself.
At Prince Family Law we recognise that each case is individual and has its own complicating features. We give clear advise as to potential settlements and seek to ensure that a fair outcome is achieved that meets your needs and most importantly the needs of your children.
David Prince is a leading expert in high net asset and complex financial cases regularly dealing with multi million pound divorces which have included complex offshore trusts, multiple businesses, substantial farms, solicitors, accountancy, medical and dentistry practices and entrepreneurs. David is regularly instructed by other lawyers or their spouses.
Prince Family Law has a team of highly experienced family lawyers that have a wealth of experience in dealing with financial matters who are here to assist and advise you.
Prince Family Law are experts in all fields of financial settlements to include those with an international element. Please contact our family lawyers in Sheffield and Chesterfield, even if you are thinking of separation, to discuss your options and arrange a free half hour consultation.
Enforcement of Financial Orders
At Prince Family Law we will do everything we can to ensure the best possible financial settlement for you. However, there are occasions when your spouse/former spouse will not comply with an Order for example to pay a sum of money or sell or transfer a property. In those circumstances steps can be taken to enforce the Order and there are several enforcement options available.
Our expert divorce lawyers can discuss these options with you to decide which is most appropriate to your case for example a Charging Order over property or an Attachment of Earnings Order if periodical payments are not being paid. Appropriate steps can then be taken to ensure compliance with the Financial Order.
If you are in a position where your former spouse is not complying or has not complied with a Financial Order made by the Court we would urge you to contact Prince Family Law for expert advice as to how to enforce the terms of the Order.
When drafting Orders our team at Prince Family Law try to pre-empt any possible scenarios that could lead to non-compliance by drafting the Order appropriately to reduce the risks of ongoing litigation. If you have dealt with your divorce and need advice regarding the drawing up of a Financial Order this is a complex process that needs to be considered carefully, and we would urge you to arrange a free 30-minute consultation with one of our team to discuss this.
Finances on Separation
When separating from your spouse it may be that you are not ready to consider divorce, judicial separation or dissolution proceedings. In these cases it is possible to regulate financial matters and embody any agreement within a Separation Agreement. Whilst not a document binding the Court, subject to you both having had independent legal advice and fully and frankly disclosing your financial circumstances this document can be given great weight in any subsequent divorce proceedings.
If you are in the position where you and your partner have agreed financial matters but do not wish to divorce we would urge you to seek advice regarding a Separation Agreement to record your intentions at the time of your separation. Please contact our team of family lawyers in Sheffield and Chesterfield to arrange a free 30-minute consultation to discuss this.
If you want to find out what this could mean for your children, you can visit our arrangement of children during separation page.
Alternatively, you can contact our expert family lawyers to guide you through the whole process.