Financial Settlements Involving Income, Capital And Pensions
The financial implications of a relationship breakdown can be difficult and stressful to resolve. Since there are no hard and fast rules regarding your financial rights in the breakdown of a relationship the law in this area is very flexible to enable Courts to achieve fairness depending on your individual circumstances. We will advise you on your legal options and realistic expectations.
When a marriage or civil partnership breaks down, the assets and liabilities of both parties form the pot of assets that are divided between them, as part of the financial settlement.
It is often better to agree terms of financial settlement than to delegate that decision to the Court. We can help you to reach an agreed settlement where you retain control over the terms of the final arrangements where appropriate.
A pension is usually the second most significant capital asset in a marriage or Civil Partnership. As such, it is important that pensions are considered in the financial settlement if a couple decides to divorce or dissolve their civil partnership.