Finances
Financial settlements after a relationship breaks down
When a relationship ends, dividing finances can be challenging. There’s no simple formula for splitting assets or determining support payments for a spouse or if there are children involved.
Each case is unique, and our focus is on finding a fair resolution for everyone involved, especially the children. This means looking at what each person needs to move forward and how to share resources.
Have you agreed how to divide your assets?
If you and your partner have agreed on how to divide your assets, you can swiftly finalise your separation with a financial order from the court. This legally binding document outlines the agreed-upon financial arrangements and provides a clean break for both of you.
Are you disputing how to divide your assets?
We understand that dividing assets can be challenging. If you and your partner are having difficulty reaching an agreement, we can connect you with independent mediation services. This can often help you find common ground. Once you’ve reached an agreement, we’ll guide you through the process of obtaining a court’s financial order. If mediation is not suitable, we can negotiate with the other party on your behalf to reach a fair settlement which can then be endorsed into a financial order.
Court resolution – where mediation and/or negotiation fails
If a resolution cannot be achieved either through mediation or lawyer led negotiation, we can discuss the option of applying to the court to determine the division of finances. In this case, we will work as a team with a barrister who has the necessary skills to effectively present your case in court to achieve the best outcome for you.
Our priority is always to help you and your partner reach a mutually agreed settlement. Even if court proceedings begin, we will always strive towards reaching a settlement throughout the process.
Get in touch
When a relationship breaks down, dealing with the finances can be challenging. We are here to guide you through your options and help you come to an agreement.
For a free initial appointment
contact us at info@ktfamilysolicitors.co.uk or call 01793 852800.
Compassionate, expert legal support
tailored to your specific needs.
Expert legal advice throughout your journey, while being mindful that for you, this is one of the most stressful times in your life.