A divorce financial settlement is the term the Court use to describe financial proceedings within a divorce. A divorce financial settlement is an arrangement under which a couple’s assets and financial affairs are separated upon divorce. Obtaining a financial settlement when you’re separating from your partner is important because outstanding financial claims may come back to disrupt your lives even years after your divorce has been finalised.
You can normally get a financial settlement any time during the divorce proceedings. However, you can apply for financial settlement even after the divorce has been finalised. It’s advisable to apply for financial settlement before your partner or you have remarried.
In England and Wales, the act of divorce itself doesn’t put an end to the financial relationship between you and your partner. To separate your finances, you need to reach a financial settlement and turn that into a court order that is different from the divorce itself. With so much to consider, you need to have the best legal expertise on your side. We will look at your finances and lifestyle and ensure you get the best outcome possible.
In England and Wales, even when you’re divorced, you still retain the ability to make financial claims against your ex and vice versa, and there’s no time limit for making these. This is why it’s crucial to put your financial affairs in order and have a binding court order stating what your financial arrangements with your ex husband or wife.
If you would like to talk to us about how we can help you with your divorce/ financial settlement, or if you would like to know more about our divorce services, Contact our Divorce Lawyers in East London
Call us on 020 3130 1769 or E-Mail us at firstname.lastname@example.org