“Aim to resolve financial issues with effective negotiation for mutual agreement.”
Pursuit of court proceedings generally achieves agreement sooner as both parties are subject to the court’s strict timetable.
To achieve this requires the following steps:/p>
It is important to keep disclosure of the above proportionate to the value of assets. Once that aspect has been met, effective negotiation can follow and proposals for settlement can be formulated. The following orders are available:
The factors that will need to be taken into account when deciding what a fair settlement is are set out in law by S 25 of Matrimonial Causes Act 1073.
There is no law which tells you exactly what you may be entitled to. You need to bear in mind that the court has a wide discretion when deciding how finances should be arranged. There is a ‘yardstick of equality’ test, but this does not mean that there will always be an equal division of matrimonial assets. In a long marriage, the presumption of equality is strong but it is a guide, not a rule.
"Quite simply I felt 'looked after'. I was provided with very clear advice and recommendations as to strategy and was always accompanied and reassured in court."