Finance

 

When it comes to dealing with financial matters following the breakdown of a marriage or relationship, often things can become heated quickly. Again, whilst we’d all hope to think that parents would focus on the ‘big picture’ and try to reach agreements without further exhausting financial resources or having to make drastic changes to circumstances, sometimes it is not possible to find a way forward.

 

Separating/divorcing spouses with property and assets, especially those with children, may have to contemplate changes that can feel very uncomfortable. Typically one party will want/need to be rehoused and the other will need to provide a home for themseleves as well as any dependents. It is no wonder that the temperature can rise rapidly under these circumstances, especially if either party has unrealistic expectations or are embittered by the breakdown of the relationship and try to exact some kind of ‘ revenge’ by making the other side ‘pay’.

 

This can be a minefield to negotiate and it can it can feel at times like wading through mud. I am experienced in finance, having run several companies including my own for many years. I can also draw on the services of an experienced chartered accountant who can assist with even the most complex financial arrangements and how to present evidence so that you are not disadvantaged. Having represented myself in my own complex financial proceedings (company, property and other assets in joint names) with help from my accountant, I have experienced first-hand the sharp end of the court process, the considerable and lengthy form filling and how to reach a sensible outcome on financial dispute resolution.

 

Financial proceedings typically comprise two hearings. The judge usually suggests an outcome at the end of the second hearing and you are recommended to reach agreement then, following the the judges guidance, having disclosed and agreed your full financial positions. If, following negotiation, you can reach agreement by the end of the second hearing; a financial order will be made. If this is still not possible, a third hearing will be necessary. Most disputes are settled within two hearings. I will be able to assist and guide you throughout all financial proceedings to ensure you have the best chance of reaching outcomes which are acceptable for you and all involved and that you comply with any directions or orders made by the court as failing to meet these obligations can prove costly. Don’t be daunted by financial proceedings. With pragmatic, logical and clear guidance, you can achieve outcomes which work for you and any dependents you may have.