In order for us to fully advise you, it is necessary for you to provide detailed financial disclosure and for us to have a clear understanding of the other party’s financial resources. This involves information to confirm your respective financial positions, such as property valuations, bank statements, pension valuations, business accounts etc. Although time-consuming, it is important to ensure that the information we are provided with is accurate and up to date so that we can fully advise.
Calm and rational negotiations
Emotions can run high during the divorce process and often people want to make their spouses pay for the hurt they have caused. However, this can simply end up reducing the financial pot by incurring unnecessary legal costs and you could end up losing out as a result. The court will not be concerned with the reason for the breakdown of the relationship when considering financial matters so we will help you to focus on the important issues and explain to you why a particular financial outcome is realistic and what is the best outcome you can hope for. It can be difficult to keep emotion away from financial negotiations but we will help you to do this so you can make decisions for your future in a more logical and commercial way. Often clients are so keen to get their divorce finalised because of the emotional pressures they are under that they say they will agree to anything. This can often be a costly mistake that they regret later. It is therefore important to properly think things through and take legal advice before any financial settlement is agreed.