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Getting you settled is as important as a good settlement

Our financial settlement solicitors help divorcing couples put in place a legally binding agreement that sets out how their assets will be divided and how their finances will be separated after divorce. This can cover matters such as the family home, savings, pensions, investments and other shared assets, and may also deal with issues such as spousal maintenance or a clean break order. Although it is connected to divorce, a financial settlement is a separate legal process that decides how you formally separate your finances.

As the UK’s largest specialist family law firm, Stowe Family Law has over 90 offices across England and Wales. Our divorce finances team spans locations including London, Manchester, Leeds, Birmingham, Sheffield, Bristol, Cardiff, and beyond. Wherever you are in the country, local specialist advice is within reach.

Ranked as a Leading Firm by both Legal 500 and Chambers & Partners 2026, and named in The Times Best Law Firms in 2026, Stowe is trusted by families across the country. We’re also rated Excellent on Trustpilot, showing the level of dedication we show to each of our clients.

Alongside our lawyers, you’ll have access to in-house accountants and a trusted network of Independent Financial Advisers, pension experts, property specialists and business valuers. Together, they help build a full and accurate picture of your finances, so decisions are made with confidence rather than guesswork.

Key divorce finances information

Why get a financial settlement?

A financial settlement legally severs your financial ties to your ex-spouse. If you’re looking for a clear and divisive break from your partner, with no risk of future claims, a financial settlement should be included as part of your divorce. A financial settlement will confirm the division of your shared assets.

What is a fair financial settlement in a divorce?

A fair financial settlement takes into accounts the current and future needs and desires of both parties and any children, to ensure as fair and seamless a transition as possible into life post-divorce. It will have been negotiated by your Stowe lawyer to ensure the best terms possible for you, and full compliance with UK law.

How long do divorce financial settlements take?

The length of time to complete a divorce settlement will depend on how easily you and your ex can reach an agreement, whether this is through mediation, lawyer-led negotiation, other non-court dispute resolution methods or court proceedings. You will need to submit a lawyer-drafted agreement to the family court which will be approved. If the draft agreement is not approved, the process can take longer.

Our financial family law services

Forensic accountancy

Forensic accountancy is used in divorce when the financial picture is unclear, incomplete, or disputed. An independent forensic accountant can be instructed (by agreement or by the court) to trace assets, value business interests, and scrutinise income to ensure full disclosure. Their findings form part of the evidence base for any financial settlement. If you suspect figures aren’t adding up, you’re not alone in feeling that way. Our solicitors work alongside trusted forensic experts to help bring clarity to your situation.

Divorce accountants
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Spousal maintenance

Spousal maintenance is a court order requiring one former spouse to make regular payments to the other after divorce. It’s typically considered where there is a significant income gap, or where one partner reduced their earnings to care for the family. The court weighs each person’s financial needs, earning capacity, and the standard of living enjoyed during the marriage. Questions about ongoing financial support can feel unsettling when so much is already uncertain. We can help you understand where you stand and work toward an outcome that feels fair.

Spousal support lawyers
How are businesses split in divorce?

Divorce

Divorce is the legal process that formally ends a marriage in England and Wales. Since the Divorce, Dissolution and Separation Act 2020, the law operates on a no-fault basis, meaning neither person needs to prove blame to apply. The process moves through multiple stages and takes a minimum of six months. Ending a marriage is rarely straightforward. Our lawyers are here to guide you through each stage clearly, at a pace that suits you.

Divorce solicitors

Freezing orders

A freezing order, also called a freezing injunction, is an emergency court order that prevents a spouse from moving, hiding, or dissipating assets before a financial settlement is reached. Applications are made urgently, and an order is typically granted only where there is credible evidence that assets are at real risk of disposal. It is one of the most time-sensitive remedies in family financial proceedings. If you suspect this is happening, acting quickly makes a real difference. We can advise you swiftly on whether an application is appropriate and help protect what is rightfully yours.

Freezing order solicitors
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Mediation

Mediation is a voluntary, structured process in which a trained, neutral mediator helps separating couples reach agreements on finances, property, or children – without going to court. The mediator doesn’t make decisions, instead, their role is to facilitate productive conversations toward outcomes that both people can accept. In England and Wales, most people are now required to consider mediation before making certain court applications. Our experts can help you prepare, so you go in feeling informed and clear about what matters most.

Mediation solicitors

Arbitration

Arbitration is a private, binding process in which you and your former partner appoint an independent arbitrator to resolve financial disputes outside of court. Both parties agree in advance to accept the decision, and the process is confidential – often reaching a resolution significantly faster than a court timetable allows. It can be particularly useful where privacy matters or court proceedings feel disproportionate. Long-running disputes take a real toll. We can guide you through arbitration from start to finish, helping you reach a fair outcome without unnecessary delay.

Arbitration lawyers
Arbitration

Child arrangements

A child arrangements order, made under the Children Act 1989, sets out who a child lives with and when they spend time with each parent. The court treats the child’s welfare as the paramount consideration, weighing their wishes, emotional needs, and each parent’s ability to meet those needs. Arrangements can be agreed between parents or decided by a judge. Getting this right matters more than almost anything else, and thinking clearly when emotions are high isn’t easy. Our team is here to help you reach arrangements that genuinely work for your child and your family.

Child arrangement order solicitors

Child maintenance

Child maintenance is the regular payment one parent makes to the other to help cover a child’s everyday living costs after separation. In England and Wales, it can be arranged through the Child Maintenance Service (which uses a set formula based on income and overnight stays) or agreed directly between parents. Either route is valid, and the right choice depends on your circumstances. Working out what’s fair can feel like one more pressure at an already difficult time. We can help you find a workable arrangement, so you can focus your energy where it matters most.

Child maintenance solicitors

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How to: Reviewing your financial discloure Download our financial disclosure guide

What is a divorce financial settlement?

A financial settlement is a legally binding agreement designed to sort out any financial issues and fairly separate your assets once the marriage is over. You will need this if you are getting divorced and have assets to divide. The aim is to establish a fair and equitable distribution of assets and financial support, taking into account the circumstances of each spouse and the standard of living during the marriage.

Our financial solicitors can help you getting divorced when you have assets to divide. Whether your case is a fairly simple one or if you have complex high value assets, we can offer you sound advice and help you navigate the complex world of legal financial services.

There are several ways to reach a financial settlement, if both parties agree on how to settle finance and split assets, we can draft together a financial settlement for you. If not, we will be able to advise you on any negotiations and also represent you in court if needed. Our expert UK divorce lawyers can advise on the right approach to take for your situation.

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How to pull together information for a financial settlement

What is covered in the financial settlement?

During the process, assets are divided into two categories: matrimonial and non-matrimonial.

  • Matrimonial assets (also known as marital assets): Any financial assets built up during the period of marriage. These are the primary type of assets that will be divided in a way that is considered fair and meets both parties’ reasonable needs
  • Non-marital assets: Any assets acquired before or after the marriage. These are typically kept separate from the pot of matrimonial assets but can be considered under some situations. Because of these grey areas, it’s important that you work with a family law solicitor to understand how your non-matrimonial assets might be impacted during a divorce
Divorce Calculator: Understand what you may be entitled to in just 5 minutes. Use the calculator

Any of these assets are then put into a pot where they can be divided fairly. Types of assets can include:

  • Money – savings, investments and life insurance policies
  • Property – the family home and any property owned individually
  • Household contents
  • Cars
  • Pensions
  • Businesses
  • Personal items (Valued at over £500 must be disclosed)
  • Debts, loans and credit cards
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How are assets divided in a divorce financial settlement?

Courts in England and Wales divide assets based on principles of fairness, needs and sharing, rather than a fixed formula – meaning it’s rather a 50/50 split of assets.

Deciding how to divide a lifetime of shared finances is rarely straightforward, and it’s natural to worry about what a fair outcome actually looks like for you. When considering how finances should be split, a judge will weigh up a range of factors set out under Section 25 of the Matrimonial Causes Act 1973, including:

  • Financial needs and resources: What each spouse needs and has access to, now and in the foreseeable future
  • Standard of living: The lifestyle the family enjoyed during the marriage
  • Length of the marriage and age of each party: How long the marriage lasted and the ages of both spouses
  • Contributions to the family: Both financial and non-financial, including caring for children or managing the home
  • Physical or mental disabilities: Any disabilities affecting either party and how these may shape financial needs
  • Welfare of dependent children: The needs of any dependent children, which are always the court’s first consideration

Getting the right advice early can make a real difference to the outcome. Our financial settlement solicitors can help you understand which assets are likely to be under consideration, and what a realistic settlement might look like for you.

Meet our expert divorce finance solicitors

Get expert advice and support tailored to your situation from our experienced legal team.

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What is a clean break order?

A clean break order ends all ongoing financial obligations between former spouses. Once approved by a court, it prevents either party from making future financial claims against the other, even if circumstances change significantly later on. For many people, the appeal of a clean break is simple: The certainty of knowing that this chapter is truly closed.

A clean break can take one of two forms:

  • Immediate clean break: All financial ties are severed at the point the order is made. This is often paired with a lump sum payment or property transfer, so both parties’ needs are met from the outset
  • Deferred clean break: Payments continue for a fixed period, after which the financial relationship ends completely

Courts are actively encouraged to consider a clean break under Section 25A of the Matrimonial Causes Act 1973. It isn’t always achievable, particularly where one spouse cannot realistically become financially independent in the near future. But where it is possible, a clean break offers both parties certainty and a genuine fresh start. Where a full clean break isn’t appropriate, ongoing spousal maintenance may need to be considered as part of the wider settlement.

If you’re unsure whether a clean break or another arrangement is right for your situation, one of our lawyers can assess your position and explain your options clearly.

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How to: Complete your form E Download our Form E guide

How are finances split in a divorce?

Finances in a divorce are typically split based on principles of fairness and need. Couples are encouraged to negotiate and reach a financial settlement either independently or with the assistance of mediators or solicitors.

Factors considered include the financial needs and responsibilities of each spouse, the length of the marriage, the standard of living during the marriage, contributions to the marriage (financial and non-financial), and any special needs such as childcare responsibilities or health issues. The division may involve splitting assets such as property, savings, pensions, and investments, as well as allocating ongoing financial support.

Financial arrangements can be settled through negotiation, mediation, or court proceedings, if necessary, with the aim of achieving a financial settlement that meets the needs of both parties and any dependent children.

Everyone I have worked with at Stowe has been a comfort to their clients, not only because they are empathetic to the difficulties of financial remedy proceedings, but because they are all over the detail. It would be wholly incorrect to assume that, due to Stowe’s size, you are getting anything less than a personalised service.

Why choose Stowe Family Law’s UK financial settlement solicitors? 

  • We’re one of Legal 500’s ‘Leading Firms’, and we’re also named a ‘Leading Firm’ by Chambers & Partners. 
  • Stowe Family Law is the largest team of dedicated divorce financial settlement solicitors. 
  • More than 80% of all of our cases are settled out of the courts. 
  • Our UK family lawyers ensure every one of our clients receives tailored legal advice that is unique to their circumstances. 
  • We have over 90 offices nationwide. This way, you’re sure to find an office that is local to you. 
  • We’re regulated by the Solicitors Regulation Authority (SRA). 
  • Our Client Care team will listen to your situation and pair you with the right financial settlement lawyer for your needs. 
  • We’ve been helping families across the UK with their divorce settlements for over 50 years. 
  • We have an internal forensic accounting team that collaborates with our lawyers. They have experience in pensions, valuations, property and tax. 
  • Our financial settlement experts are members and specialists of Resolution, so you can trust we’ll take a non-confrontational approach to your family law matter. 

What people say about us

  • Our clients rate us on Trustpilot as ‘Excellent’.

  • According to Review Solicitors data, 91% of our clients would recommend our financial services to their family and friends. 

  • Why choose Stowe Family Law’s UK financial settlement solicitors? The Law Society recognises and lists us for our specialist knowledge. 

Find out more about us

Common questions about finances in divorce

Common questions about finances in divorce

  • How long does a divorce financial settlement take?

    The duration of divorce financial settlements can vary significantly depending on factors such as the complexity of assets, whether the divorce is contested or uncontested, and how quickly agreements are reached. In straightforward cases where couples can agree on financial matters, settlements may be finalised within a few months. However, more complex cases involving high-value assets, disagreements over property or pensions, or disputes regarding income may take considerably longer, potentially extending over several months or even years if court proceedings are required.

  • Do you need a financial settlement to get divorced?

    You can legally get divorced without a financial settlement, but it is typically not recommended. This can leave you vulnerable in immediate post-divorce matters but also to potential claims on your finances in the future.

    Read more on if you need a financial settlement to get divorced.

  • What happens to the family home?

    A shared property is usually the biggest asset to divide in a divorce. The most simple solution is often to sell the property and divide the money from the sale. However, if one party is able to purchase the other’s share, they can take sole ownership.

    When children are involved, the best solution can be to maintain joint ownership of the home with one party residing in it until the children reach a certain age.

    You could agree to transfer a portion of the property’s value as a financial settlement. By doing this, the partner giving up some ownership maintains an ‘interest’ in the home, meaning they’ll receive a percentage of the final sale price.

    Read more on what happens to the family home after divorce.

  • How are pensions handled?

    Pensions are often ignored, but they are one of the most significant assets a couple has. This can be damaging for women as often 90% of the pension wealth is held by one party. Usually the man in different sex couples.

    The total value of the pensions that each party has built up is considered. This means all your pensions, not just the ones that each of you held before you were married or in a civil partnership.

    When discussing pensions in divorce, there are two primary options for couples: pension sharing and pension offsetting. The capital values, projected income in retirement, and rules of the individual pension scheme will all help inform which option will work best for you.

    Read more on how divorce and pensions work.

  • How are businesses handled?

    This can depend on how the business is owned and how much it is worth, but the courts can look at businesses when assigning assets. This can be done by lump sum payments, shares or even selling the business.

    Read more on what happens to a business in divorce.

  • Are overseas assets taken into consideration?

    Both parties have a duty to disclose all assets held by them, whether in the UK or abroad, and the court will take into account all assets when deciding how to divide the asset pot. 

    Orders can be made against foreign assets such as property, but there may be further action required in that jurisdiction to enforce any orders. The court cannot, however, make a pension share against a foreign pension scheme. 

    Discover more about international divorce. 

  • What if my ex won’t cooperate?

    Sometimes one or both parties refuse to cooperate, this can also be known as stonewalling. If this is the case then the court can intervene and facilitate the process and allow for a solution to take place.  The Court can also order imprisonment or impose fines on a party who is in breach if they are found to be in contempt of Court.

    Read more on what stonewalling is and why people do it.

  • What happens if my spouse refuses to disclose their finances?

    Full financial disclosure is a legal requirement in divorce financial proceedings. Both parties must provide a complete picture of their financial position using a Form E. If a spouse refuses to disclose or is suspected of hiding assets, the court has the power to order disclosure, and failure to comply can result in serious penalties. One of our solicitors can advise you on the steps available if you believe your spouse is not being transparent.

  • Do you have any Legal 500 and Chambers rankings?

    Our divorce financial settlement solicitors are recognised by Legal 500 and Chambers for our technical expertise and focus on securing the best financial outcomes for our clients.

    In 2026, our regional rankings include:

    Yorkshire: Band 2 chambers & Tier 2 Legal 500BeverleyHarrogateHuddersfieldIlkleyLeedsMiddlesbroughSheffieldWetherbyYork

    East Midlands: Band 2 chambersDerbyLeicesterLincolnNottinghamPeterboroughStamford

    West Midlands: Tier 2 Legal 500BirminghamLeamington SpaLichfieldSolihull

    North East: Band 2 chambersDurhamNewcastleNorth ShieldsSunderland

    South East: Tier 2 Legal 500BerkhamstedStony StratfordMilton Keynes, St Albans

    Wales: Tier 2 Legal 500CardiffSwansea

Liza Gatrell is Managing Partner for Stowe Family Law across the South & West Coast regions, overseeing the firm’s offices in Portsmouth, Southampton, Farnborough, Fleet, Bournemouth, Exeter, Winchester, Newbury, Plymouth and Swindon. Liza is a Resolution member, SRA registered and is highly rated by Legal 500 for her practical and approachable style, Liza specialises in complex family law matters including high-value financial disputes, children cases and surrogacy law.

Date last reviewed: 23/07/2026

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