How To Approach Funding Your Divorce

It is difficult for anyone to predict how much you will spend on legal costs by the end of your divorce case.

How long your case takes and how much it costs is actually as dependent on you and your ex as much as anything else.

The more the two of you disagree, the longer the case is likely to take and the more you both risk spending on legal costs to get everything resolved.

 

Solicitor’s Costs

When you..

What Are The Differences Between A Court Led and Private FDR?

A divorcing couple has a choice as to how they want to approach reaching a financial settlement in their divorce. Sometimes, however, court proceedings are necessary. Unfortunately, the court system has a bad reputation of being expensive and lengthy. Once in the court process, there can be quite a wait between the court hearings.

For those clients who can afford it, many lawyers are now suggesting their client consider paying for a private FDR hearing(aka Financial Dispute Resolution) rather..

10 Steps to help you prepare for your FDR Hearing: Advice from a divorce consultant

What is a FDR in a divorce case?

An FDR is a Financial Dispute Resolution hearing.

In short, it is a day of negotiating, with the aim of reaching a financial settlement. Also, the judge at the FDR, can give guidance on what financial settlement they would order if they were the deciding judge at the Final Hearing. This can be very helpful to assist each party to have realistic expectations for the outcome of the financial agreement, in..

Mortgages and Divorce

What happens to the family home is always a major issue for consideration in the financial settlement in a divorce. Will it be sold? Will the ownership of the property be transferred in to the sole name of one of the couple?

There are various different options available which your solicitor can advise you on.

Whether one of the couple remains living in the property post-divorce will depend on affordability and whether it is appropriate as part of the..

Pension Planning and Divorce

Pensions are always a big topic in divorce cases. After the family home, they are often the most valuable asset in the family pot. Working out how to properly value a pension for the purposes of negotiations in a financial settlement can be difficult and it is common for divorce solicitors to use a pension expert to help. 

I have had the opportunity of speaking to Andrew Potter, the Director of Pensions at Salisbury Financial Services to find out about..

Arbitration In Family Law: A Case Study

There are various different approaches available for reaching a financial settlement in divorce. For most clients, they also wish to avoid the court process if they can.

In my previous blog – Arbitration: A New Approach to Resolving Finances in Divorce, a qualified arbitrator set out what the arbitration process is.

I have now had the opportunity to interview Vanessa McMurtrie an experienced family law solicitor and partner at Hart Brown solicitors in Woking, to talk about her..

How Are Pensions Approached in Divorce?

Many of my clients describe a big concern about the uncertainty around the financial outcome of their divorce. They worry about what financial settlement they will receive and whether this will be sufficient for them to move forward with their life.

Before negotiations can begin to reach a financial settlement, the couple divorcing need to collect together full details of their financial positions. I often get asked questions about how pensions are taken in to account in a divorce.

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8 Factors To Consider When Looking For A New Home

When a couple divorce, consideration needs to be given to the future housing needs of each of them and of course the children. The family law solicitors involved in the case will advise their respective client as to how this is approached in the legal process.

The possible sale of the family home as part of the divorce settlement can be difficult for the family to face. The sale may not be a voluntary decision and as such, arranging the..

Checklist For Moving House From A Residential Property Expert

Moving house and getting divorced are each described as one of the most stressful things you can do in life. It can, of course, be particularly challenging if you are facing both at the same time.

To help provide expert guidance about moving house, I have collaborated on this 2 part blog series with experienced residential property finder, Sally Rule.

In Part 1, Sally gave advice on the factors to consider when choosing your new property. Here she provides us with..

Getting Divorced? Don’t Forget To Consider Your Retirement Plans…

During their marriage, couples may well have discussed ideas for a joint retirement plan, perhaps agreeing at what age each will retire, and what they both want their life to be like in retirement.

Plans may have been put in place some time ago, including steps for financial planning, e.g. saving money to retire to live in the countryside etc.

Unfortunately, however, should the couple divorce, these plans will now be turned upside down. I work with clients of all..