Divorce is an incredibly stressful procedure, the emotional stress of a divorce is one of the highest levels that most people may experience, and this is before any issues occur with trying to resolve financial disputes.
Typically, many financial disputes can be resolved amicably, with both parties agreeing to divide goods equally for the benefit of their children. This is preferable and many solicitors will try to encourage this type of resolution, as it is more beneficial for any children that may be involved. At Coyle White Devine, our solicitors in Amersham are members of Resolution and will always attempt this solution first and will be able to draw up a Consent Order.
However, if your partner is feeling less amicable, our solicitors in Amersham can help you resolve financial disputes in a calm and professional way.
How financial agreements may be formulated
During a divorce, there are many ways a financial agreement may be formulated by you, your partner and your solicitor, so don’t worry if the first attempt at resolution fails.
Equal split
If you and your partner do not have a prenuptial or postnuptial agreement to work from, under English law, our family law solicitors in Amersham will aim to divide all assets with an equal 50/50 split. However, while this may be a good starting point, it is often contested and it may not be suitable if one spouse has more financial needs than the other, such as raising children.
Financial Order
When these types of resolutions fail and you and your partner cannot agree on the division of assets, we will advise and help you pursue a Financial Order through the courts. This is a last resort when all other types of negotiations have failed and should only be undertaken in extreme instances of disagreement. Our solicitors will try to avoid putting you and your partner through this procedure and will always aim for an earlier type of resolution.
In basic terms, this means that a divorce court will assess the needs of both you and your partner and will decide on how to divide the assets between you. Typically, the courts will consider many factors when arriving at this conclusion, including how long you have been married, your age, your ability to earn, ages of any children, property and money and your living expenses each month. They will also assess your underlying role in the marriage; were you the primary carer for your children or were you the breadwinner?
Maintenance costs
If you were the higher earner in your marriage, the court may order you to pay monthly maintenance costs to help with your former partner’s living arrangements. This may be set for a limited time or until one of you passes away.
If you have children, the court may also decide you need to pay child maintenance costs, but this is usually decided through the Child Maintenance Service.
More Articles
'eBay-style' online courts could resolve smaller claims
A family solicitor in Amersham can advise on other ways to separate
Coyle White Devine defeat Betfred in High Court Battle
Why do I need a family solicitor in Amersham?
How to avoid making a dogs dinner of choosing a company name
ANDY GREEN V BETFRED- THE MEDIA COVERAGE CONTINUES WITH THE TIMES
CWD Law secures £1m+ win after 3-year battle with Paddy Power
How family solicitors in Amersham can help you to protect your assets
Reach an amicable divorce using family solicitors Amersham
Helping you find the light at the end of the tunnel thanks to our family solicitors in Amersham
Peter Coyle - Times Lawyer of the Week
$2.2 Million Customer Dispute With Betfred Going to Summary Judgment
Looking for family solicitors Amersham?
ANDY GREEN V BETFRED – COVERAGE BY THE DAILY MAIL, THE SUN, THE MIRROR, THE DAILY STAR, AND THE DAILY RECORD
Continuing success for the CWD Criminal Department!
Questions you should ask yourself when getting divorced
Court of Appeal Rubs Salt in Stratstone's Wounds
Continuing success for CWD’s employment department
Betfred customer denied £1.7million prize due to 'glitch' takes case to court
What does a family solicitor in Amersham do?
Private Crime Team Success Continues in 2016
Licence and Liberty Saved
Private Crime Team's Hard Work Pays Off Again
The legal system is broken: Why are fees increasing but service and support decreasing?
Customer Takes Betfred to High Court After Being Denied £1.7m Prize
Success for the CWD Criminal Department!
DAVID V GOLIATH – CWD helps Lincolnshire man take on the might of Betfred
How family solicitors in Amersham can help you
ANDY GREEN V BETFRED (DAVID VS GOLAITH) – MORE MEDIA COVERAGE FROM THE BBC
Betfred gambler in High Court battle over £1.7m payout he never received
Could mediation be your ticket to a hassle-free divorce?
Another outstanding testimonial for the criminal department
CWD's Peter Coyle's appearances on BBC Radio 4 and BBC Radio Wales
Sorry seems to be the hardest word for Katie Hopkins after defaming journalist on Twitter
Announcement from Peter Coyle
Guiding you through troubled waters thanks to our expert family solicitors in Amersham
Questions you should ask a family solicitor before hiring them
Ways in which family solicitors in Amersham can assist with your divorce case
How family solicitors in Amersham can help with the issue of children during divorce
The legal side to ending a relationship when you cohabitate
Blackjack gambler who won £1.7m with Betfred but never received a penny after firm blamed software glitch could be days away from getting his winnings at High Court
Double the Success for the Private Crime Team as CPS Squeezed into Discontinuing
Relieving financial pressure through an expert family solicitors in Amersham
Emphatic Success for Coyle White Devine's Private Crime Team
Advice from a family solicitor in Amersham
ANDY GREEN V BETFRED – Peter Coyle’s Interview with The Gambling Insider
Sports law in the UK: A brief guide to the regulations that govern football
And they’re off! Betfred sued by £1.7m ‘winner’
Social media platforms, free speech, and UK law: Who is accountable?
The legal advantages of getting a prenuptial agreement at Coyle White Devine
Legal aid abolishment
Divorce proceedings with a family solicitor in Amersham
Guiding you towards an amicable solution with a trustworthy family solicitors in Amersham
Announcing our new Private Crime Department
VW emissions scandal widens to include Porsche claims
What should I expect from Family Solicitors in Amersham?
The UK construction industry, insolvency, and the Labour Manifesto
Missed out on a prenuptial agreement? Coyle White Devine’s guide to postnuptial agreements
Case of Betfred refusing £1.7m payment to customer going to summary judgment in October
Are you going through a messy divorce? Let us help you through the worst of it
Does a family solicitor in Amersham understand my pain?
Dos and don’ts of pre-nuptial agreements as suggested by our Amersham Family Solicitors
Putting the fun into fundraising in 2016
Keeping your head above water thanks to our quality family solicitors in Amersham
Corporate Insolvency - Ensuring the Appointment of Administrators is Valid
Need help with child custody? How our solicitors at Coyle White Devine can help you
CWD Crime Team - Health and Safety Executive Interviews
Family solicitor attributes and what to look for
What according to an Amersham family solicitor are the most common reasons for family breakups?
Straightforward support by your family solicitors in Amersham
Finding a Family Solicitor in Amersham who is right for you
Gambler's luck runs out
Single dad refused £1.7 million Betfred payout over 'glitch' takes bookies to court
ANDY GREEN v BETFRED – more media coverage
Family solicitors in Amersham - helping family disputes
CWD Company Update
Take the best way forward with family solicitors in Amersham you can trust
How does a family solicitor in Amersham support my family during a divorce?
How do you get divorced?
Tips on how to keep your divorce civil and non-confrontational
Another success for the CWD Criminal Department
CWD Client Wins £1 Million Battle Against Paddy Power
What does family law entail?
Need help with a postnuptial dispute? Coyle White Devine family solicitors can help
Resolve your financial disputes professionally through reliable family solicitors in Amersham
Looking for a reliable solicitor firm in Amersham? Reasons to choose Coyle White Devine
How the written word could help your business
Recent Developments in Employment Law