The Family Home
For many couples, the family home is one of their most valuable assets.
You may have questions such as:
- Will our home need to be sold?
- Can one spouse remain in the property?
- Can ownership be transferred?
- Who will continue paying the mortgage?
- What happens if the property is held in one person’s name?
- How will children’s housing needs be considered?
There is no automatic outcome that applies to every divorce.
Possible arrangements may include sale, transfer, refinancing or considering the property’s value alongside pensions, savings and other assets.
Savings and Investments
Financial assets may include:
- Bank savings
- ISAs
- Shares
- Bonds
- Managed investment portfolios
- Investment funds
- Employee share schemes
- Other securities
Full financial disclosure can help establish the overall asset position before meaningful negotiations take place.
Pensions
Pensions can represent a significant proportion of matrimonial wealth.
Depending on your circumstances, a settlement may need to consider:
- Workplace pensions
- Personal pensions
- Defined benefit schemes
- Defined contribution schemes
- Executive pensions
- Overseas pensions
Complex pension arrangements may require specialist pension or actuarial advice.
Business Assets
Where one or both spouses own a business or hold a professional partnership interest, additional financial analysis may be necessary.
Relevant assets can include:
- Limited companies
- Professional partnerships
- LLP interests
- Private company shares
- Family businesses
- Business property
- Director remuneration
- Dividends
- Retained profits
Independent business valuation evidence may sometimes be required where value is significant or disputed.
Spousal Maintenance
Some settlements involve ongoing financial support from one former spouse to another.
Whether spousal maintenance is appropriate depends on factors including income, needs, earning capacity and the wider financial settlement.
Our solicitors can explain how maintenance may fit within your circumstances.
Consent Orders
An informal agreement does not automatically provide the same protection as a legally binding financial order.
Where both parties agree how finances should be divided, a consent order can formally record the arrangement.
GOV.UK confirms that consent orders may cover property, pensions, savings, investments and maintenance.