![]() ![]() We are experts in alternative dispute resolution methods, such as collaborative law and mediation, which aim to avoid court altogether. There a few hard and fast rules for settling financial matters and maintenance on divorce and separation, and we can navigate you through the various principles and guidelines which may apply to you and any children you may have. From our years of experience, this approach can protect you from impersonal court proceedings where you can feel lost and helpless. We recognise that you need support and empathy during the process, however we will also provide realistic and strategic advice. We can advise you how to achieve an early financial settlement and guide you as to the likely asset split. Even if your divorce is amicable and your finances have been kept separate throughout the relationship, we recommend reaching an agreement and having a Consent Order for peace of mind.įinancial agreements involve deciding who takes property, pensions, shares, savings and other relevant assets on finalisation of the divorce. However it is highly advantageous and prevents your spouse or partner from trying to make a financial claim against you in the future. Reaching a divorce and financial settlement is not a mandatory element of divorce. If you do not know the extent of your partner’s wealth, or you know that their assets are complicated, or you think that your partner has been planning to separate from you and managing their finances and assets accordingly, it is best to get expert advice from specialist solicitors as soon as possible to protect yourself and your family.įor a free initial discussion and a no-obligation quote, get in touch with us today by simply calling us on 01234 343134 or email us at a member of our team will get back to you.Formally agreeing your finances upon divorce is important to secure your future and move forward with clarity. Unusual and unexplained bank transactions and expensive purchases.Quick sales of assets, including property and shares in a family company.Gambling is said to be a reason for loss of savings or spending a bonus.Signs of financial misconduct can include: You may also be concerned about possible financial misconduct carried out by your husband to reduce your financial settlement. How to Spot Signs of Financial Misconduct The asset does not have to be in your joint names to be protected. If you are concerned about the disposal of any family assets, it is best to get urgent legal advice so an injunction order can be considered before the sale goes through. To award you a greater share of the remaining assets.To make inferences about the reasons for the sale of the assets and penalise your husband by giving you a larger financial settlement and making cost orders.The person is referred to as an intervenor To join the person who received the asset as a party to the financial settlement proceedings. ![]() To ‘undo’ the sale of the asset – however, this is not always possible.In addition, your solicitor can consider asking the court: Your family lawyer can also try to prevent the sale of property by proactively registering your rights in property with the land registry. This is known as a section 37 order and stops the sale of assets or freezes money held in bank accounts. If you think that your husband or wife is selling assets to defeat or reduce your financial settlement claim, your solicitor can apply to the family court for an injunction order. ![]() However, if you are concerned that your husband is selling assets at an undervalue, spending the proceeds or transferring property to friends and family, you should seek urgent legal advice from a specialist family law solicitor. For example, you and your husband may have both agreed to the sale of the family home. There may be a good reason why assets are being sold. Selling assets to hide the money raised goes directly against this principle. If you are worried that your husband or wife is selling assets, please speak to our family solicitors to understand your options and how to protect your rights.įor an initial free discussion and a no-obligation quote, get in touch with us today by simply calling us on 01234 343134 or email us at and a member of our team will get back to you.ĭuring financial settlement proceedings, both parties are both under an obligation to provide full and frank financial disclosure. If your partner sells assets before your divorce and the resolution of your financial claims this may reduce the amount of your financial award. In a divorce financial settlement, the family assets should be shared fairly.
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