We have considerable experience in dealing with the complex financial issues that arise upon the breakdown of a relationship.
In the event of the breakdown of the marriage, both parties often seek to reach a financial settlement agreement with regard to their assets and liabilities, and pensions and incomes. Sometimes that financial settlement agreement will be made into a Court Order as part of the divorce proceedings. On other occasions, in the event that the parties simply enter into a Separation Agreement, the Separation Agreement itself will contain details of the financial agreement. The important factor to remember is that a financial settlement in separation should only be agreed after there has been full and frank disclosure by both parties of their respective financial circumstances.