Divorce financial settlements

Reaching a fair financial settlement is a crucial part of the divorce process and can feel overwhelming. At Hamblin Family Law, we use our expertise to secure the best possible outcome for you – whether through negotiation or, if needed, in court. With our honest, transparent and expert advice, we will guide you each step of the way to ensure the process is as smooth as possible.

Our unique approach to divorce financial settlements

At Hamblin Family Law, we help you navigate the financial aspects of your divorce with clarity and confidence. Whether through negotiation or, if necessary, in court, our priority is securing the best possible outcome for you and your family.

Focused on your best interests

We focus on achieving the right financial settlement for you and your family, prioritising resolution over unnecessary conflict. Our aim is to resolve cases efficiently rather than prolong disputes and clock billable hours. From the outset, we ensure you have a clear understanding of your financial position, enabling you to make informed decisions about your future. Our advice is always realistic and transparent, helping you manage expectations and understand the implications of any compromises.

A strong support network

Divorce involves more than just a legal team, which is why we work with a trusted network of professionals, including:

  • Accountants
  • Independent financial advisers
  • Pension experts
  • Business valuation specialists
  • Property experts
  • Divorce consultants

This ensures you have the best possible support needed to move forward with confidence. 

Dividing your finances is not something that should be dealt with over the kitchen table. It needs legal input and careful consideration.

What is a divorce financial settlement?

A divorce financial settlement is a deal that is reached to resolve all financial matters that may arise between you as a couple going through divorce.

This may include the appropriate division of:

The above assets and the division of them must be wrapped up completely within a financial statement or court order to ensure that no further conflict can arise in the future.

Out-of-court settlements vs court proceedings: What’s right for you?

We aim to do this without there being any need for you to set foot in court and this is almost always possible. With the right guidance and advice, we aim to avoid dragging the case out in court and avoid further emotional stress.

However, if it’s necessary, we will not hesitate to obtain judicial support for our clients through the court process and will guide you each step of the way to make this process as seamless and stress-free as possible.

FAQs

A divorce financial settlement is a legally binding agreement that determines how assets, property and finances will be divided between you and your spouse after divorce. It ensures a fair resolution and helps prevent future disputes.
Not necessarily. The majority of financial settlements can be reached through negotiation, mediation or arbitration which all occur outside the court. However, if an agreement cannot be reached, court proceedings may be necessary to ensure a fair outcome.
Working with an experienced divorce solicitor is key to securing a fair settlement. At Hamblin Family Law, we provide clear advice from the outset, ensuring you understand your finances, your rights and any compromises that may be involved.
If your partner withholds financial information, we can take legal steps to ensure they disclose all their assets and income sources. This may include requesting disclosure through negotiations, applying for a court order or involving forensic experts to uncover hidden assets. Non-disclosure can lead to penalties, cost orders and/or variations to agreements reached or orders made. This is where legal guidance becomes especially important and having the right team behind you can make all the difference.
Child maintenance is often handled by the Child Maintenance Service (and therefore outside of your financial order). However, in higher earning families it will feature as part of your Financial Order, particularly where there are additional financial responsibilities related to your child’s education or welfare.
The time frame varies depending on whether an agreement can be reached amicably or if court proceedings are needed. Settlements reached through negotiation or mediation can take a few months, while contested cases that go to court may take significantly longer.