Divorce Financial Settlements

If you’re going through a divorce and need representation at court, or you need help to negotiate, our family law experts will guide you through it.

Expert guidance for fair outcomes

What is a financial settlement in divorce?

Our team of expert divorce lawyers can help you divide your assets and reach an agreement with your former partner. 

A financial settlement (or settlement agreement) in a divorce sets out how your finances will be divided after your divorce. Finances that count during a divorce include your savings, investments, pension and property. 

Key factors considered in divorce financial settlements

Our guide to financial settlements during divorce explains how the settlement is worked out. The key areas your solicitor will look at with you are:

  • how to divide the family assets, such as the family home
  • how to provide continuing financial support, such as child maintenance options
  • how to ensure you’re both financially secure, possibly through a pension sharing order
  • business ownership and how business assets are divided in divorce
  • pension agreements and inherited or non-matrimonial assets.

The family team is very experienced, client focused and able to offer specialist advice in all areas of family law. It approaches cases pragmatically and considers all aspects of non court dispute resolution as a method to assist its clients to find resolution to issues relating to finance and child arrangements.

How to reach a financial settlement without going to court

You can reach an agreement without going to Court with the help of a specialist divorce mediator or solicitor. 

When you divorce, your financial settlement will typically be dependent upon:

  • Whether or not you have children
  • The length of time you have been married
  • Your age
  • Your property and money
  • Your ability to work
  • Your living expenses
  • The standard of living you are used to.

You do not necessarily need to go to court to decide how to split your assets. You can agree the division of assets between yourselves and it is likely to be approved, provided it is fair.

However, you may require the services of a mediator who will help you reach an amicable agreement, or a divorce solicitor who can act on your behalf – particularly if you are unsure of your entitlements. Find out more about how assets are split in a divorce.

We’re here to help

If you’d like to meet one of our divorce financial settlement experts for a confidential, no obligation chat, please get in touch.

We have offices across Cambridgeshire, Essex and Hertfordshire, but we can help you wherever you are in England and Wales

The financial services provided on this page are by Tees Financial Limited, authorised and regulated by the Financial Conduct Authority. Registered number 211314.

Our legal services are regulated by the Solicitors Regulation Authority.

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If you’d like to meet one of our experts for a confidential, no obligation chat, please get in touch.

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