The Family Home
For many couples, the family home is their largest financial asset.
Common questions include:
- Does the property need to be sold?
- Can one spouse remain in the home?
- Can ownership be transferred?
- Who will continue paying the mortgage?
- What happens if the property is registered in only one spouse’s name?
- How will children’s housing needs be considered?
There is no single automatic outcome.
Possible arrangements may include:
- Selling the property
- Transferring ownership
- Refinancing
- One spouse remaining in the home
- Considering its value alongside pensions and other assets
Our Salisbury divorce solicitors can advise on the family home within the wider financial settlement.
Savings and Investments
Relevant financial assets may include:
- Bank savings
- ISAs
- Shares
- Bonds
- Investment funds
- Managed portfolios
- Employee share arrangements
- Other investments
Full and accurate financial disclosure can help establish the overall financial position.
Pensions
Pensions can represent a substantial proportion of family wealth, particularly after a longer marriage.
Relevant arrangements may include:
- Workplace pensions
- Personal pensions
- Defined benefit schemes
- Defined contribution pensions
- Public-sector pensions
- Armed Forces pensions
- Executive pensions
- Other retirement benefits
Pensions should not be overlooked simply because benefits cannot currently be accessed.
Where pension arrangements are particularly valuable or complicated, specialist pension or actuarial advice may sometimes be appropriate.
Business Assets
A financial settlement can become more complicated where one or both spouses own a business, operate through a partnership or hold shares in a company.
Relevant matters may include:
- Limited companies
- Partnerships
- Family businesses
- Owner-managed businesses
- Company shares
- Commercial premises
- Director remuneration
- Dividends
- Retained profits
- Business valuations
Wiltshire Council’s adopted economic strategy for 2025–2036 provides the current strategic framework for economic development across Wiltshire and Swindon. Earlier council planning evidence has identified established regional strengths including defence-related employment, bioscience, advanced manufacturing, business services, tourism and the rural economy.
Where the value of a business or partnership is significant or disputed, independent accountancy or valuation evidence may sometimes be appropriate.
Spousal Maintenance
Some settlements involve ongoing financial support from one former spouse to another.
Whether maintenance is appropriate depends on individual circumstances including:
- Income
- Financial needs
- Earning capacity
- Housing requirements
- Other available resources
- The wider financial settlement
Our solicitors can explain how maintenance may fit within your overall arrangements.
Consent Orders
Where separating spouses agree how their finances should be divided, a consent order can provide greater legal certainty.
It can cover:
- Property
- Pensions
- Savings
- Investments
- Maintenance
Without a legally binding order, the court cannot enforce an informal agreement in the same way if difficulties arise later.