Capper & Jones Solicitors
Your solution starts here………
Tel: 01352 752020
Authorised and Regulated by Solicitors Regulation Authority
SRA Number: 00047132
VAT No: 161 2915 79
Old Bank Chambers
1 King Street
What is a financial settlement?
A financial settlement is essentially who gets what, when a couple separate and involves decisions about how their assets should be divided. The separating couple can be married partners, civil partners or they can be partners who have lived together. When there is a decision to separate inevitably there will be a need to look at how their assets should be shared. What is a reasonable settlement to meet the children’s needs and to enable both to move on into the next stage of their lives?
How to reach a financial settlement
There are a number of ways to reach a financial settlement. There is a misconception that being involved in decisions about money and finances has to be time of argument and distress. Settlements can be agreed by a couple themselves or with advice and help from a solicitor, or by a couple engaging in mediation or a collaborative process. A settlement can be formalised into a legally binding Court order without the need for anyone to set foot inside a Court building.
There are occasions when it is not possible to reach agreement for a number of reasons. When this occurs an application can be made to Court to resolve any area of dispute. Just because an application has been made, does not prevent a couple from reaching agreement. However the Court can decide what should happen with the assets and make what is considered to be a reasonable order.
What sort of orders are there?
Secured Periodical Payments Order -
Lump Sum Order -
Property Adjustment Order -
Pension Sharing Orders -
|Matrimonial & Family|
|Wills, Probate & LPA|
|Conveyancing Estimate Request|
|Making a Will|
|Probate & Intestacy|
|Lasting Powers of Attorney|