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  1. Getting a financial agreement. When you divorce or end a civil partnership you and your ex-partner need to agree how to separate your finances. This includes deciding how you’re going to divide ...

    • Mediation

      Mediation - Money and property when you divorce or separate...

    • Tax When

      Tax When - Money and property when you divorce or separate -...

    • Get a Divorce

      Get a Divorce - Money and property when you divorce or...

  2. Oct 12, 2023 · In the UK there is no statutory formula to say that the wife gets the family home or the husband keeps his pension or business. Instead, divorce solicitors have to look at all the circumstances and the section 25 criteria. If a couple has dependent children, then the divorce settlement will be shaped by the children’s needs.

  3. Oct 3, 2024 · The wife sought a settlement of £10 million (40 per cent of the assets). At first instance, the wife was awarded £5.4 million on the basis that this represented 60 per cent of the value the husband brought into the marriage. Using the above formula, the wife’s settlement was increased to £8 million.

  4. Using the Divorce and money calculator. If you’re thinking about getting divorced or dissolving a civil partnership, our calculator can give you an idea of your financial situation before a potential divorce settlement. It’ll also help you work out what you have, what you owe and how you might split assets and finances.

    • Section 25 of The Matrimonial Causes Act 1973
    • Equality
    • The Overriding Objective
    • The Parameters

    When deciding what Orders to make, the Court has a very wide discretion. By Section 25 of the Matrimonial Causes Act 1973, all the circumstances of the particular case must be taken into account and first consideration must be given to the welfare of any minor child of the family who has not attained the age of 18. Section 25 directs the Court to h...

    In October 2000, the House of Lords delivered a very important judgment in a case involving “big money”, called White vs White. In that judgment, the House of Lords said that:- 1. In seeking to achieve a fair outcome, there was no place for discrimination between husband and wife and their respective roles; 1. The Court's aim should be to achieve a...

    The ancillary relief rules are a procedural code with the overriding objective of enabling the Court to deal with cases justly. Dealing with a case justly includes, so far as is practicable:- 1. Ensuring that the parties are on an equal footing; 2. Saving expense; 3. Dealing with the case in ways which are proportionate:- 3.1. to the amount of mone...

    The factors that directly impact the shape of the order that a court is likely to make (if an agreement cannot be negotiated) include: The length of the marriage 1. Co-habitation versus marriage 2. Co-habitaion before marriage Income 1. Earning capacity 2. Ability to work / illness 3. Support whilst re-training The needs of each party 1. What is re...

  5. On a divorce, the family court has the power to make a “pension sharing order” to adjust pension savings between the partners. A pension sharing order directs the trustees of one partner’s pension fund to transfer a percentage of the fund (anything up to 100%) to the other partner as their own pension fund.

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  7. Apr 11, 2024 · in divorce. A divorce settlement is sometimes referred to as a ‘divorce financial settlement’, and in both cases the phrase refers to how financial assets are divided following a divorce. These assets can include the family home, as well as any stocks, savings and pensions and also debts which might be held individually or as a couple.