The Family Home
Questions commonly include:
- Does the house have to be sold?
- Can one spouse stay there?
- Can ownership be transferred?
- Who will pay the mortgage?
- How will children’s housing needs be addressed?
- What happens if only one spouse legally owns the property?
Possible solutions include sale, transfer, refinancing or balancing property against other assets.
Savings and Investments
Financial disclosure can include:
- Bank accounts
- ISAs
- Shares
- Bonds
- Investment funds
- Managed portfolios
- Other investments
Pensions
Pensions should be considered alongside property and savings.
Relevant arrangements can include workplace, personal, defined benefit and defined contribution pensions.
Complex pension arrangements may require specialist advice.
Business Assets
Business-related divorce issues may include:
- Limited companies
- Partnerships
- Family businesses
- Company shares
- Commercial premises
- Director remuneration
- Dividends
- Retained profits
Independent valuations can sometimes be required.
Spousal Maintenance
Whether maintenance is appropriate will depend on factors including income, financial needs, earning capacity and the wider settlement.
Consent Orders
Where an agreement is reached, a consent order can be used to formalise financial arrangements and make them legally binding once approved by the court.