
Divorce and Financial Matters
Practical advice in respect of divorce and the intricate financial issues arising from the breakdown of a relationship.
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Since April 2022 the divorce process in England and Wales follows a "no-fault" system, meaning you do not need to assign blame to one spouse to legally end a marriage.
The procedure generally takes at least 6 to 8 months and involves the following steps:
It is of the greatest importance to highly recommended to resolve financial arrangements and child arrangements at the same time as the divorce alongside this process, often preferably before the Final Order is made. If you don’t resolve financial matters your financial arrangements and via obtain a Financial a Consent Order dividing the marital assets or, in the absence of agreement, a decision of the court, then your spouse may have a claim on your finances at any time in the future financial assets for many years to come. These matters can be complicated and are, of course, critical to your future financial position. For these reasons it is very important that you seek independent legal advice. It is often at the point that you are looking to resolve your finances that you should consider seeking legal advice. Our team at Heald Solicitors are experts in this field.
Finally, you should also consider making a Will when contemplating divorce or going through the process. We have both a family law department and a private client department that can advise and represent you in family law and Will related matters.
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