Financial Settlements Advice from Family Law Experts Skip to main content

Financial settlements on Divorce or Separation

Advice on Financial Settlements

There are different types of money issues when you separate or divorce/dissolve your partnership:

  • Income or ‘maintenance’ issues.
  • Capital e.g. your house, savings, shares.
  • Pensions.

Our Family Law experts can talk you through the options in relation to your financial settlements.

What Do You Typically "Get" from Financial Settlements on Divorce?

The burning question for most people is ‘what will I get?’ or ‘what will I have to pay?’.

There is no magic formula for this and it is not simply a case of arithmetic. Divorce/dissolution legislation sets out a checklist of things that a court takes into account when asked to make decisions about how to divide up family assets, income and pensions. In most cases, the court carries out a balancing exercise of different factors and there is often more than one answer - courts work in terms of bands of reasonableness.  It is therefore important that you do not assume that information friends or relatives give about their own experience of financial settlements will be the right advice for you.

We are experts in this area and can advise you once full and frank disclosure of both parties’ financial circumstances have been obtained on what would be a fair settlement for you.  We consider all of the relevant financial circumstances and help you negotiate your financial settlements. Where it is not possible to reach an agreement with your former partner, we can represent you by robustly pursuing proceedings on your behalf, the objective being to obtain a successful outcome for you.

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Prenuptial Agreements

You may want peace of mind and financial protection when entering into marriage and to regulate your financial affairs should you separate. For example, this can relate to inherited wealth or property and assets from a previous marriage.  With the Supreme Court ruling about Prenuptial Agreements, couples are likely to increasingly want to protect themselves financially. We can give you expert legal advice about entering into a Prenuptial Agreement, or you can get a guide as to what difference one could make by using our prenup calculator.

Our Family Law Experts Can Help with Financial Settlements

For advice on financial settlements on divorce, please contact your Family Law Team on 0113 320 5000 or by email on family@winstonsolicitors.co.uk.

Child maintenance is usually governed by the Child Maintenance Service and there are only certain times when the court will make orders regarding child maintenance (child periodical payments). Spousal maintenance (spousal periodical payments) can be made in financial proceedings and will depend on the circumstances of the case.

A 'Clean Break' Consent Order is an order agreed within divorce/dissolution financial proceedings which severs all financial ties between the parties both now and in the future.

A Pension Sharing Order (PSO) is an order made upon the conclusion of divorce/dissolution financial proceedings which allows a pension to be shared in accordance with the order, and the receiving party will receive this share of the pension to put in their own pension fund.

A Consent Order is an order agreed within divorce/dissolution financial proceedings which sets out the terms of the agreement for the financial separation dealing with sale/transfer of property; bank accounts; maintenance payments and so on.

These are the court proceedings that you can apply to the court for following a divorce/dissolution which will ultimately provide orders for a financial settlement.

This is a type of order in divorce/dissolution financial proceedings that means a party can live in a property until certain conditions are met.

Client feedback

Review for Wendy – Family Law Services at Winston’s Solicitors, LeedsI recently had the pleasure of working with Wendy from Winston’s Solicitors in Leeds on a family law matter, and I cannot recommend her highly enough. From our first consultation, Wendy was incredibly professional, empathetic, and thorough in her approach. She took the time to fully understand my situation, providing clear and concise advice at every step of the process.Throughout the entire case, Wendy was always available to answer any questions I had, and she made sure I felt supported and informed. Her knowledge of family law is exceptional, and I felt confident in her ability to handle my case. She was transparent about all costs, keeping me informed of any developments along the way.What truly stood out to me was her attention to detail and her ability to navigate what was a very emotionally charged situation with sensitivity and care. Wendy was not only a skilled professional but also genuinely understanding of the emotional impact of my case, which made a huge difference during a stressful time.Thanks to Wendy’s hard work and dedication, I was able to reach a favorable outcome, and I am incredibly grateful for her support. If you are looking for a compassionate and experienced family law solicitor, I would wholeheartedly recommend Wendy at Winston’s Solicitors.
Natalie
Exceptional Service - Highly Recommended I recently engaged the services of Winston Solicitors and was thoroughly impressed by the professionalism, expertise, and dedication demonstrated by the Winston team: Harriet Reid and Emily Bell. From the outset, they provided clear guidance, timely communication, and a level of care that made a challenging process much more manageable. Their attention to detail, responsiveness, and commitment to achieving the best possible outcome were evident throughout. I felt fully supported and confident in their hands. I highly recommend Winston Solicitors to anyone seeking high-quality legal services. Thank you for your outstanding work!
Emmanuel
In my divorce I dealt with Teresa Davidson and Emily Bell. I found them both at all times to be professional, responsive and compassionate. Based on my experience I would not hesitate to recommend them for any divorce or family law related matter.
Mark
I have received nothing but a fantastic service from Emily Bell and Harriet Reid during a challenging time. They have always been responsive and to the point with their communication. I am grateful for all the help I have received.
Bill
This be my 2nd time I've used Winston Solicitors & both times they have been Extremely Professional both Teresa & Judith fully understood my frustration on what was going on at that time but with Time & again Professional attitude i was Very Happy with there hard work i seriously recommend Winston Solicitors as they turn over every stone what needs to be done thank you Regards Ryan Doyle
Ryan
After having a very bad start to my court case with another solicitor- I was recommended Wendy and she was brilliant. I had great support from the start got the results I asked for. Highly recommend
Martina
Wendy at Winston solicitors was outstanding in supporting me through the complications of my divorce. She was compassionate, understanding and most importantly efficient throughout a difficult time and after having had a negative experience at a different solictors. I will be eternally grateful for everything Wendy has done - thank you.
John
Harriet at Winston Solicitors provided exceptional service while handling a matter for my mother during a particularly stressful time. She was incredibly thoughtful and reassuring throughout the process, always taking the time to ensure my mother felt comfortable and well-informed. Harriet’s approach felt very personal, and it was clear she genuinely cared about delivering the best possible outcome. I highly recommend Harriet for her professionalism, empathy, and dedication to her clients.
Amrit