Financial Orders & Financial Settlement
Did you know that even after someone is divorced, perhaps for many years, their ex-spouse can apply for a financial order? Protect yourself and your assets with a financial settlement. Speak to one of our expert family lawyers today to get started. The first appointment is free.
What are Financial Orders?
Financial orders are a legally binding agreement between you and your former partner over how joint assets and finances are to be split. They deal with big questions like what share of the house each person will get after the divorce, whether or not one person has to pay the other any maintenance, how pensions are to be divided and what happens to any debt.
For anyone looking to end their marriage or dissolve their partnership, financial orders are essential. They protect both parties from future financial claims, ensure that everyone gets a fair share of their assets and prevent either side from reneging on their agreements.
At HRS Family Law Solicitors, we have decades of experience helping couples negotiate, draft, officiate and enforce financial orders. We have a dedicated team of expert private law solicitors on hand ready to take your side. They have experience handling everything from multimillion estates, to simple non contentious agreements. So, no matter how complex nor simple your finances, we can help you protect your assets and access what is rightfully yours. Book a free appointment today and an expert private law solicitor will advise you on your options.
Need more information about our Financial Services?
How we can help…
HRS Family Law Solicitors are experts in protecting your finances and recovering assets after a separation or divorce. We can help you as much or as little as you need in the following ways:
- Negotiating a financial agreement with your former partner
- Helping you uncover which assets your former partner really owns
- Applying to court for a financial order
- Enforcing financial orders that haven’t been obeyed
- Helping you win maintenance, a lump sum order or a property transfer order
- Negotiating and officiataing pension sharing
- Dividing up complex estates
Creating financial orders is complex, especially where there are lots of assets involved. Our dedicated team of private law specialists have significant experience in this area of law and can help you navigate this complexity. Book a free appointment today and a private law solicitor will discuss your options with you.
Why choose HRS Family Law Solicitors
1. No legalese or jargon – Just straightforward advice focused on achieving your goal. At HRS we understand that you are the client and our role is to give you advice and assistance. It is not for us to tell you what to do.
2. Experts in our field – HRS Family Law have helped tens of thousands of people manage financial arrangements successfully. We are well respected in our field. Our senior Solicitors are all members of Resolution and are specialists in divorce and finance, skilled in obtaining and protecting assets in the event of a relationship breakdown and negotiating the best outcome for you.
3. We are on your side – HRS Family Law Lawyers work for you. We work hard to make arranging financial settlements as seamless and fuss free as possible. Tell us what you want to achieve and we will negotiate hard and deploy the best legal arguments to achieve it
Frequently Asked Questions
That is exactly why the Matrimonial Causes Act provides for orders to be made about all aspects of life, maintenance, housing and pensions. It is also possible to get interim orders for support during the process.
That is partly correct but the reality is not that straightforward. The Court will take into account all aspects of the marriage and the history of the finances – where did the money come from? We argue to depart from the principle of equality in cases where that would not be fair, for example, in cases of inheritance, earnings and business achievement on one side only. It is complicated and that is precisely why people with significant assets should use a Solicitor in Divorce proceedings.
It is a daunting process. Our Solicitors have trained for 7 years plus to become experts in this field. The first thing to do is to make a comprehensive list of all assets, on both sides. You then need to complete Form E and abide by the Court order. The case will then be listed for a first appointment. Even if you plan to represent yourself the tactics in Financial cases start with the Form E so we are happy to help with that.
Many firms demand a substantial amount “on account” of costs which basically means that they want to hold your money while they do the work. We do not normally ask for more than about £1500 on account as we encourage people to pay monthly, offer Sears tooth agreements where applicable and promote “unbundling.”
This is where we agree to be paid, in large part, from any award or settlement ordered by the Court. In a nutshell it means that you pay us once you have the money to do so and do not need to find or borrow the funds at the start.
Some people want help and assistance in the Divorce process but aim to do some of the work themselves, perhaps to save money. We welcome that. We can do any part or piece of work you need us to do without being officially “on the record” as acting for you. In essence it means that we can do the hard lifting and you can save a large proportion of the legal fees. It is a good way to access expert advice without breaking a budget.
Case Studies
