Dividing finances after separation is often the most complex and contentious aspect of a divorce. At Kreston Solicitors, we help you achieve a fair financial settlement that protects your interests and secures your future, whether through negotiation, mediation or court proceedings.
What We Cover
- Division of the family home and other property, including overseas assets
- Pension sharing orders and pension attachment orders
- Spousal maintenance (periodical payments) and capitalisation
- Child maintenance top-up orders above CMS jurisdiction
- Lump sum orders and property adjustment orders
- Clean break agreements to sever all future financial ties
- Variation of existing financial orders
- Enforcement of financial consent orders
The Financial Remedy Process
Financial remedy proceedings follow a structured court timetable: Form A application, First Directions Appointment (FDA), Financial Dispute Resolution (FDR) hearing, and if necessary a final hearing. At each stage, we prepare thorough disclosure, expert valuations and position statements to maximise your chances of a favourable outcome.
Non-Court Alternatives
We always explore whether your financial settlement can be resolved without court proceedings. Options include solicitor-led negotiation, mediation, collaborative law and private FDR. These approaches are often faster, cheaper and less stressful than contested litigation.
Frequently Asked Questions
English law aims for a fair outcome, starting from a presumption of equal sharing. The court considers factors including each party's needs, earning capacity, the length of the marriage, and contributions (financial and non-financial).
Yes. Pensions are often the second most valuable asset after the family home. They can be shared through pension sharing orders, offset against other assets, or subject to pension attachment orders.
A clean break order ends all future financial claims between former spouses. It provides certainty and finality, preventing either party from making further financial claims in the future.