You can divide assets before your divorce is issued but you should consider getting a Separation Agreement to set out any financial arrangements you make before getting a divorce in England or Wales.
It’s important to remember that if any financial issues come up in the future, the Court will only consider what assets you both have from the date that you begin the divorce process, not from the date that you and your ex made your Separation Agreement. But it’s a good option for you if you’re not looking to issue divorce proceedings just yet.
Our Divorce Solicitors understand that finances can be a difficult topic in divorce or separation. But we can help you divide your assets when separating so that both you and your ex know where you stand now and if you decide to divorce further down the line.
We can put your mind at ease so that your finances won’t be something you’ll have to worry about when separating.
When you’re going through a difficult separation and an even more difficult divorce, the last thing you’ll want to be dealing with is the stresses of figuring out what will happen to your assets and joint finances you share. It’s even more difficult having to divide these assets.
That’s why we’ll always listen to your story and your situation, so we can better understand what route will work best for you, so we can minimise the amount of stress you’ll be under, and we of course want to limit the amount of conflict you may have to face when dividing these finances.
We will always aim to be a safe and confidential space for you to air any worries or concerns you may have about the legal side of your divorce and the financial assets and separation surrounding it. We will advise wherever we can, including suggesting ways to discuss finances with your ex-spouse without arguments or difficult emotions arising, whether it’s mediation, negotiation or something else.
Whatever stage of your divorce you may be in, we can always provide legal advice to help you know what’s going on, and to help you prepare for what may happen in the future. We will help equip you with the legal know how so you can understand your situation and your case a lot better.
For free initial legal advice get in touch with our Divorce Solicitors.