Matrimonial finance is the financial settlement (divorce settlement) of matrimonial assets between divorcing couples. It used to be referred to as ancillary relief.
The Court will take a number of factors into account when considering how to divide the assets. At the top of that list are the needs of any children of the marriage and second to those needs are the needs of the parties themselves, but there are other relevant factors, for example the age of the parties, the length of marriage and any contribution made by the parties before marriage.
We understand that the breakdown of a relationship is a traumatic experience and it can be almost impossible to see a way through to agree a fair division of assets. We know that no matter what the circumstances there is always a solution.
Negotiating a settlement is a skilled and often complex task. In all cases we will draw on our own experience and that of other trusted professionals we have built a relationship with to reach the right settlement for you, that could involve forensic accountants, barristers, life coaches, valuers, mediators and other professionals. We will try and avoid lengthy and costly Court proceedings but we are not afraid to litigate if necessary and will help you make that judgement call should we feel that Court may be in your best interests.
Filed Under: Insight