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Finance

Most people worry more about the financial aspects of divorce than anything else.  Discussing your concerns with us at an early stage will enable us to ensure that we extract full financial information from your spouse and will help reduce your costs.

Here are some guidelines to help your thinking process:

  • The general rule is that the assets and debts of a marriage are split 50/50 on divorce - in reality, this is only a starting point.

  • A more accurate – and helpful - rule of thumb is this: the Court will divide the assets of the marriage according to the needs of both parties and may factor in many different elements such as who has the care of the children or a significant disparity in earning power.

  • Contrary to common belief, it is extremely unusual for the Court to take bad behaviour into account when considering a financial settlement.

  • Maintenance awards, especially for life, are rarely granted these days because the Court prefers a clean financial break. However, with the right representation, the Court can still be persuaded to order maintenance.

  • One or both spouses might have assets which have nothing to do with the marriage – maybe a house inherited from parents, maybe a lottery win: if there are not enough assets in the matrimonial pot to provide adequately for both parties the Court has power to bring these “external assets” into the pot for division.  You should, therefore, be aware of how any separate property owned by you or your spouse could be affected.

  • Either spouse may claim a share of the other’s pension. The Court will look at pension issues separately and make an award based on the future needs of both parties.  Again, therefore, you should be aware of your pension arrangements and those of your spouse.

  • Where a married couple have children in full-time education the Court’s priority will always be to provide a secure home and adequate finance for those children – this may mean delay in the sale of the matrimonial home.

We promise that we will

  1. Listen to you
  2. Communicate with you
  3. Advise you and, above all
  4. Fight for you

It may be hard now – but we will see you through to the light at the end of the tunnel.

 

Contact us by phone or email whenever you are ready.

 

Clive Barker was exceptionally understanding of how I felt and that transferred back into his professional capacity.

Case Ref. T922/2

Clive Barker - very professional and knowledgable. I would consult Clive again if I needed advice in the future. Very efficient service - all staff polite and friendly

Case Ref. L1646/1

Clive and Amanda, thank you, it was an experience I didn’t think I would go through but everything ran as smoothly as it could.

Case Ref. S3377/1

Our family finance team

Clive Barker

Solicitor Consultant

Head of Family Law

Clive Barker

Direct Dial:01252 550433

Email Clive Barker

Clive is a Consultant; he qualified as a Solicitor in 1968 and has always specialised in family law.

He is the Head of our Family Law Department and has a particular interest in difficult or complex financial disputes, and property disputes between unmarried couples.

Jennifer Lee

Solicitor

Family Department

Jennifer Lee

Direct Dial:01252 550432

Email Jennifer Lee

Jennifer qualified as a Solicitor in 2014. She specialises in family law and, within that discipline, has particular specialism in disputes over children and domestic violence issues.

Jon Beck

Solicitor/Barrister (New Zealand, non-practising)

Family Department

Jon Beck

Direct Dial:01252 550441

Email Jon Beck

Jon qualified and practised as a Barrister and Solicitor in his native New Zealand, before moving to the UK in 2010, where he has specialised in family law.

Jon has a particular interest in divorces, the separation of unmarried couples involving difficult property disputes and cases with an international flavour. He has earned particular respect for his success handling cases in which a parent seeks to remove a child from the jurisdiction.