Financial settlements

There are different types of money issues when you separate or divorce: 

• Income or “maintenance” issues
• Capital eg. Your house, savings, shares
• Pensions

The burning question for most people will be “what will I get” or “what will I have to pay”?

There is no magic formula for this, and it is not simply a case of arithmetic. Divorce legislation sets out a checklist of things which a Court has to take into account when asked to make decisions about how to divide up matrimonial assets, income and pensions. In most cases, the Court carries out a balancing exercise of different factors and there is often more than one answer - Courts work in terms of bands of reasonableness. For this reason, it is important that you do not assume that information that a friend or relative good heartedly gives you about their own experience of financial matters will be the right “advice”.

The legal process is complex and it is important that you obtain expert legal advice. Our Head of Department, Gabbie Clasper, is nationally accredited by Resolution as being an expert family solicitor in financial settlements.

You may want peace of mind and financial protection when entering into marriage and to regulate your financial affairs should things become difficult, and you separate. One of you may have inherited wealth, or have been married before and have a property and assets which you bring to your second marriage. With the Supreme Court ruling about Pre-Nuptial Agreements, couples are likely to increasingly want to protect themselves financially. We can give you expert legal advice about Pre-Nuptial Agreements.

Our Family Law Services

For more information about our family law legal services please click on the links below:

• Children
• Financial settlements
• Cohabitation
• Divorce
• Separation
• International divorce and children issues
• Meet the Family Law Team

Further information

Speak to our family team, in confidence on 0113 320 5000.

Or if you are calling from outside the area, use lo-call 0845 890 2277.

Or email us directly on: family@winstonsolicitors.co.uk