The Family Home
For many couples, the family home is their most valuable asset.
You may have questions such as:
- Will our home need to be sold?
- Can I remain in the property?
- Can ownership be transferred?
- Who will continue paying the mortgage?
- What if the property is held in only one spouse’s name?
- How will children’s housing needs be considered?
There is no single outcome that applies to every divorce.
Possible arrangements may include selling the property, transferring ownership, refinancing or considering the value of the home alongside other assets.
Our Canterbury divorce solicitors can advise on the family home as part of your wider financial settlement.
Savings and Investments
Savings, shares, investments and other financial assets can form an important part of the overall financial position.
Financial disclosure can help establish what assets exist and their value.
Our solicitors can advise on the disclosure process and help you understand how financial resources may be considered when negotiating a settlement.
Pensions
Pensions can represent a substantial proportion of family wealth, particularly following a longer marriage.
They should not be overlooked simply because pension benefits cannot necessarily be accessed immediately.
Depending on your circumstances, pension assets may need to be considered alongside property, savings and investments.
Complex pension arrangements may require specialist valuation or pension advice.
Business Assets
A divorce can become more complicated where one or both spouses own or have an interest in a business.
Relevant issues may include:
- Limited companies
- Partnerships
- Company shares
- Family businesses
- Business income
- Retained profits
- Ownership structures
- Business valuations
Where the value of a business interest is significant or disputed, specialist valuation evidence may sometimes be needed before meaningful negotiations can take place.
Our solicitors can advise on business interests within the wider financial settlement.
Spousal Maintenance
Some cases involve questions about whether ongoing financial support should be paid by one former spouse to another.
Whether spousal maintenance is appropriate depends on the individual circumstances, including income, financial needs and the wider settlement.
Our family law solicitors can explain how maintenance may be considered alongside other financial arrangements.
Consent Orders
An informal agreement about finances does not automatically provide the same certainty as a legally binding court order.
Where both parties have reached an agreement, a consent order can formally record the financial terms and be submitted to the court for approval.
The agreement may address:
- Property
- Savings
- Investments
- Pensions
- Maintenance
- Other financial assets
Formalising the settlement can provide greater clarity about each person’s financial position after divorce.