Pension Planning and DivorcePensions 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..
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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What Are The Benefits Of Working With A Chartered Financial Planner During Divorce?Resolving financial matters to reach a financial settlement is usually what takes the time (and costs the most money) in getting divorced.
You get one chance to get the financial agreement right, so it is well worth making sure things are done properly and you feel comfortable with the agreement reached.
There are various different options available to help you and your spouse reach an agreement, and these are covered in my blog – How Do I Approach Getting A..
Are You Struggling with the Form E?My first ever divorce consultancy client was a lovely lady who was struggling with her divorce. Despite having been living apart for over a year, little progress had been made to move the legal case forward.
The client explained how she had been feeling emotionally raw about her recent separation and had felt intimidated by the long legal form she was asked to complete by her solicitor. Things had got on top of her and she had placed the..
How Money Issues Can Cause Problems in Relationships
On Wednesday 22nd March 2017, The Times published an interesting article discussing the findings of research done by three charities in to the main cause for relationship problems.
The results of the research showed that “money worries were the reason most commonly cited by couples for strains on relationships”. To read the full article click here.
This is a very interesting topic and I was given the opportunity to be interviewed on TalkRadio about the article to give my..
The Divorce Danger ZoneThis is when you are feeling emotionally(and perhaps financially) spent with the legal proceedings, but are still stuck in the negotiations for a financial settlement.
You have had enough and want all of the legal proceedings to be over.
You desperately want to be the other side of this difficult time in your life.
Are you feeling under pressure to agree..
How To Get Financially Ready for DivorceNobody wants to be faced with divorce. It is a challenging time in anyone’s life. When the rest of your world may feel out of control, it is important to take control over the things you can control. Getting financially ready can help you to feel more confident and stronger to deal with what lies ahead. This can also help reduce the emotional as well as financial cost of your divorce.