Dealing with the financial settlement in a divorce is a separate, often more time consuming and complex process to the divorce. With our experience and expertise, the Sweeney Miller Family Law team aim to achieve the best outcome in your circumstances, be it ensuring you have provision for the future or protecting what you have built up over the years.
Taking time away from work to be the main carer of children can mean a spouse has little or no independent income. It is important that a maintenance package is agreed, for example, to allow you to stay in the family home or cover the cost of additional childcare if you return to work. Other factors to consider include future income and pension contributions.
If you have been the main breadwinner, you may have concerns about how much you will have to pay in the future, even after the children have grown up. Owning business or property can bring added complications, but with advice from financial specialists, we can help you reach the best financial settlement for you both.
Settling business and property portfolios
Well used to working with commercial clients, we are experienced in dealing with cases involving businesses, including landlords with property portfolios. We also deal with cases involving family businesses where the spouses are both directors, leading to a range of complex issues such as what the business is worth and who should run it and how after separation.
How our matrimonial finance team can help
The matrimonial finance team at Sweeney Miller have dealt with very complex disputes following divorce and work closely with financial experts such as accountants, actuaries and financial planners, ensuring that our clients get the right advice and best financial settlement possible. We are also experienced in dealing with issues surrounding hidden assets or cases where we have had to take out urgent Court injunctions or “freezing orders” to stop assets being disposed of to avoid being taken into account in the financial settlement.
In some cases, a Clean Break Consent Order may be the best way to resolve who gets what following divorce or separation. If an agreement cannot be reached, then there may be no alternative but to go to Court. Whilst we are always keen to reach an amicable resolution, we provide a determined and robust representation when necessary.
Divorce and Civil Partnership dissolution affects any Wills that you may have. If you never had a Will, then your ex may be able to claim on your estate if you die. We work closely with Sweeney Miller’s team of wills and probate solicitors that can make sure that your wishes are met after the split.
What about the cost?
In most cases, each side must pay their own legal bills. We recognise that it is in no one’s interests to be stuck in a long, protracted court dispute with mounting legal costs. We are proactive and offer pragmatic advice, to help keep your case moving along.
If you are worried that you won’t be able to pay for our help, we can work with you to agree a payment plan. Assessed on an individual basis, we may accept deferred payments made upon the sale of a property or once the financial arrangements are in place. Our aim is to help you find a way to fund your legal costs, ensuring that you receive the best possible advice and support.
With offices in Sunderland and Newcastle, our divorce solicitors work with clients across the North East. For a free no obligation first discussion please get in touch: