Finances post seperation

Finances after separation

Finances after separation

A divorce only legally ends your marriage and it does not address the financial obligations you and your spouse have towards each other because you were married. Those obligations can continue after a divorce and it is important that if either of your own assets e.g. a house, savings or pensions or there is a need for ongoing financial support you make the appropriate legal arrangements.

Even if assets are only held in one person’s sole name if you or your partner challenge this, the court has the ability to redistribute your family’s assets if it is considered appropriate and fair to do so. This may be because one of you has a need for financial provision or because you are entitled to share in the assets and wealth that has been accumulated.

We can explain all the options available to you to make financial arrangements and what we consider would be a fair arrangement.