Divorce Financial Matters
Divorce can be one of life’s most stressful and traumatic experiences so it is important that you get the correct legal advice from the start. Here at Henry Hyams we understand that you need someone to listen to your concerns and provide you with accurate advice and information on how best to proceed. You will also want honest advice on how your financial situation is likely to be dealt with by the courts.
When a couple divorce there can be various financial matters to resolve in relation to provision for children, the division of property and possessions and maintenance. If you reach agreement between yourselves it is still necessary to have that agreement in writing and approved by the court to prevent any future difficulties.
In order to reach agreement or to have an agreement approved by a judge there has to be full disclosure of all assets and liabilities. We can help you with this sometimes complicated process.
The law in relation to financial matters is flexible so that the courts can achieve fairness depending on the individual circumstances of each case. The process by which financial matters are resolved is known as ancillary relief. The primary concern of the court is the welfare of a child of the family. The Matrimonial Causes Act 1973 sets out a checklist of factors to be considered in each case. We can guide you through those factors to ensure your divorce is dealt with as smoothly as possible.
We will make sure you are aware of the various likely outcomes if the matter is to be decided by the court. We will fight your corner every step of the way, but at the same time we will be realistic in advising you as to what you should expect.
As an alternative to going to court it may be possible for agreement to be reached through the mediation or collaborative law process.
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