Financial Orders Following Divorce or Dissolution

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Securing Your Future with Martin Shepherd Solicitors

When a marriage or civil partnership ends, it is not just the emotional aspect that needs attention, but also the financial matters that require careful consideration. Understanding the process of obtaining financial orders following divorce or dissolution is crucial to securing your financial future. 

If you need legal advice concerning financial orders in Potters Bar, Hertford, or Finchley, the Martin Shepherd Solicitorsteam is here to help.

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Securing Financial Orders Following Divorce or Dissolution with Martin Shepherd Solicitors

At Martin Shepherd Solicitors, we understand that obtaining financial orders to end the legal ties of a marriage or civil partnership does not fully protect you from potential financial claims by your former partner. Even after divorce or dissolution, failing to secure a legally binding financial order from the Court can leave you vulnerable to future financial disputes.

Financial orders, separate from the process of dissolving a marriage or civil partnership, are essential for ensuring clarity and security regarding financial assets and responsibilities after divorce or dissolution. These orders are legally binding and enforceable, providing both parties with clear guidance on their financial rights and obligations.

Key Aspects

Financial orders can:

  • Specify how marital assets, including properties, savings, investments, and debts, will be distributed between spouses.
  • Determine whether one spouse should provide financial support to the other after divorce, including the amount and duration of these payments.
  • Address the division of pension assets accumulated during the marriage. 
  • Specify how properties will be divided, sold, or transferred.
  • Redistribute business shareholdings and order lump payments
  • To address potential inheritance claims to ensure assets are preserved for intended beneficiaries.

While financial orders do not involve child arrangement orders, they can outline financial responsibilities towards children, ensuring their well-being is protected including providing a home for them. They may determine financial support for children in the midst of family restructuring if the Child Maintenance Service does not apply.

Another significant type of order in the realm of financial matters is maintenance orders. These orders dictate the ongoing financial support provided by one party to another. They try to ensure that both parties can meet their reasonable needs and where possible maintain the previous standard of living enjoyed during the relationship although that is not always possible.

At Martin Shepherd Solicitors, our experienced team specialises in navigating the complexities of financial matters following divorce or dissolution. We are dedicated to protecting your financial interests and ensuring a fair and equitable outcome. Let us guide you through the process of obtaining the necessary financial orders, providing expert advice and support every step of the way.

The Importance of Financial Orders

Obtaining financial orders is vital because they provide clarity and security during a turbulent time. Without a legally binding agreement, disputes and uncertainties may arise in the future, potentially leading to financial instability.

Do not leave your financial well-being to chance. If you are starting the divorce or civil partnership dissolution application yourself, get legal advice first as to whether you should be making a financial claim. You will be asked that question on the application, and it is crucial to give the right answer. 

Our team at Martin Shepherd Solicitors are ready to advise you on your financial order in Finchley, Hertford, or Potters Bar. Consult with us today to secure your future after divorce.

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Expert Legal Guidance Matters

Martin Shepherd Solicitors are here to ensure that your financial rights and future are protected. Contact us today to schedule a consultation and take the first step towards financial security after divorce.

Martin Shepherd Solicitors LLP is distinguished by its commitment to providing tailored legal services with a focus on understanding the unique circumstances of each client. Our experienced team of divorce solicitors in Hertford, Potters Bar, and Finchley brings a wealth of expertise to ensure your case is handled with care and professionalism.

Our divorce solicitors bring years of experience to the table, having successfully managed a wide range of divorce cases, from straightforward separations to complex disputes. Rest assured, your case will be managed by skilled professionals who understand the nuances of family law and strive for the best possible outcome.

At Martin Shepherd Solicitors LLP, we understand that divorce can be emotionally challenging. Our team is dedicated to providing compassionate support and guidance throughout the process, ensuring you feel heard and understood every step of the way.

We recognise that every divorce is unique, which is why we offer tailored solutions to address your specific needs. Whether you require assistance with property division, financial settlements, child arrangements, or other aspects of your divorce, our team is here to provide expert advice and guidance.

Our solicitors are well-versed in the intricacies of family law, including the recent changes introduced by the Divorce Dissolution and Separation Act. We ensure our clients are fully informed about the implications of this legislation and how it may affect their divorce proceedings.

The new law eliminates the need for blame in divorce proceedings, allowing couples to obtain a divorce based solely on the grounds that the marriage has irretrievably broken down. This streamlined process aims to reduce conflict and provide a more amicable approach to ending marriages.

To begin the process of securing your future with the assistance of our experienced team, simply contact us to schedule a consultation. Whether you’re based in Finchley, Potters Bar, or Hertford, our local divorce solicitors are ready to provide the support and guidance you need.

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