Financial Settlements on Divorce

 At BSG Solicitors, we specialise in helping clients navigate the complexities of the resolution of financial issues on divorce, ensuring all assets are accounted for and a fair outcome reached. We provide expert legal advice to clients in Lancaster, Preston, and the surrounding areas.

Why Specialist Advice Matters in Divorce

Divorce can have long-term financial implications, making professional guidance essential. Without expert advice, you risk overlooking assets or accepting an unfair settlement. By seeking legal support, you can:

  • Account for All Assets: Identify and include everything from property and pensions to savings and investments.

  • Secure Your Future: Establish financial arrangements that are sustainable and protect your long-term interests.

  • Avoid Costly Errors: Prevent future disputes and complications by addressing all financial matters comprehensively.

Understanding Financial Settlements on Divorce

Our experienced family law team provides support in all aspects of financial settlements, including:

  • Division of Assets: Including property, savings, investments and businesses

  • Pensions: Guiding pension sharing arrangements and seeking expert advice where required

  • Spousal Maintenance: Determining appropriate financial support post-divorce.

  • Debt Allocation: Managing joint and individual liabilities effectively.

Our Services

We offer a tailored approach to your financial needs, including:

  • Initial Consultation: A fixed-fee appointment to provide clarity and direction.

  • Financial Disclosure Assistance: Ensuring all relevant information is disclosed and properly assessed.

  • Negotiation and Supporting Mediation: Facilitating agreements that protect your interests as constructively as possible.

  • Agreed Financial Orders: Drafting legally binding agreements and the financial documents required by the court to formalise financial settlements on divorce.

  • Representation in Court and Arbitration: Providing robust representation to safeguard your interests when court proceedings or arbitration is necessary.

Why Choose BSG Solicitors?

  • Expertise: Decades of experience in family law and financial settlements.

  • Personalised Support: Tailored advice that reflects your unique circumstances.

  • Clear Costs: Transparent fixed-fee options for many services.

  • Convenient Locations: Offices in Lancaster and Preston for local, accessible support.

Contact Us

If you need advice on the financial aspects of divorce, contact our team today:

Frequently Asked Questions

Q: What happens if my ex-partner is hiding assets?
A: We can help uncover undisclosed assets through legal avenues such as financial disclosure orders or forensic accountants. Transparency is crucial for a fair settlement.

Q: Do I have to go to court to resolve financial matters?
A: Not always. Many couples resolve financial issues through negotiation, mediation, or collaborative law. Court is generally a last resort if an agreement cannot be reached.

Q: How are pensions divided in a divorce?
A: Pensions are often a significant asset. They can be shared on divorce if a pension sharing order is made or the difference in value offset against other assets if preferred.

Q: What is a consent order, and do I need one?
A: A consent order is a legally binding document that formalises your financial agreement. It ensures that neither party can make future financial claims.

Q: How long does it take to finalise a financial settlement?
A: The timeframe varies depending on the complexity of assets and whether agreements can be reached amicably. Simple cases can take months, while complex ones may take longer.

At BSG Solicitors, we’re here to answer your questions and guide you every step of the way. Let us help secure your financial future with tailored, expert advice.

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