Five things you need to know by B P Collins family team.
- Speak to a lawyer early on, since if you know what to expect, some of the uncertainty and stress will be removed. If you’re financially dependent on your spouse, they can help ensure that suitable financial arrangements are made.
- If your spouse refuses to make adequate provision, you can apply to the court for an interim financial order, requiring your spouse to meet your financial needs until a final agreement is reached.
- Whoever is responsible for the breakdown of the marriage, rarely has any impact on what is legally regarded to be a reasonable financial settlement.
- A variety of factors are considered in a financial settlement. This can include income, earning capacity, standard of living before the breakdown of the marriage, duration of the marriage, and most importantly, the needs of each spouse and their children.
- It’s also important to discuss your situation with a financial advisor to get planning advice and to help decide where you want to be over the next few years.
Although B P Collins’ family team give expert advice, it is your divorce and it is you who gives the instructions – a relationship that we will always respect. Get in touch with B P Collins’ family team at enquiries@bpcollins.co.uk or call 01753 889995 to see how we can help you.
