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What is covered in the financial settlement? 

A financial settlement is an agreement designed to sort out any financial issues and fairly separate your assets once the marriage is over.

It 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 

There are several ways to reach a financial settlement, from an agreement between the couple and a lawyer drafting a legally binding document to a series of court hearings. Our expert lawyers can advise on the right approach to take for your situation.

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