Dividing up finances can make even the most amicable divorce turn sour. Every situation is different and with so many ways to settle, it can end up feeling like an impassable minefield.
So, don’t go it alone. The right legal team can help you navigate your way through, reduce the stress and give you clear guidance when you need it most. Our dedicated team can provide clear, practical advice on issues including:
- What happens to your family home during divorce
- Child maintenance
- Spousal maintenance
- Pension entitlements
- Business interests
- Savings, shares and investments
At Gepp Solicitors, specialist lawyers will apply their expertise to ensure you get an agreement you’re happy with. We’re here to support you, advise you on your options, and protect your interests at every step. We can’t make the situation completely stress-free, but we can certainly help lighten the load.
Free initial consultation for your divorce settlement
We offer a free initial consultation where we can provide expert advice on matters including:
- Your legal rights to a financial settlement during divorce
- The various options for making a settlement
- The likely outcome of those different options
- Funding options – including deferring our fees until a settlement is made where appropriate
Consult our financial settlements solicitors in Essex now
Have a quick question or want to request a call back? Use our simple online enquiry form.
How we handle your divorce settlement swiftly and fairly while keeping conflict to a minimum
Using mediation for financial settlements
Engaging with an independent mediator can really help couples resolve their financial issues. Before starting Court proceedings, you and your former partner will probably have to attend a Mediation Information and Assessment Meeting. This is to see whether your case is suitable for mediation and whether you’d both be prepared to engage in mediation.
Our family lawyers can advise you on how mediation works and whether it is suitable for your divorce. We can also review any agreement you make through mediation to ensure it is fair and matches your best interests.
Applying for a Consent Order
If you do succeed in reaching an agreement – whether through informal negotiations or mediation – we can help make sure this is recorded in a Minutes of Consent Order. This is important as, once this is approved by a Judge, it becomes a binding Consent Order.
What happens if you can’t reach an agreement?
In this situation, the Court has the power to make various orders, including:
- periodical payments – also called ‘maintenance’
- secured provision – to secure that payment against an asset (this is rare and usually only arises in cases where the person paying lives abroad but has assets in the UK)
- lump sum payments – a cash payment
- property adjustment – transferring all or part of one spouse’s interest in an asset
- orders to do with pensions.
Except where there’s an agreement, the Court rarely makes an order for child maintenance as this is usually handled by the Child Maintenance Service. Consent Orders for child maintenance are more common: rest assured that the Court always puts the interests of your children first, just as you’d expect.
Making a clean break during divorce
In some cases, it will be possible to reach a settlement that completely separates a couple’s capital and income. Called a ‘clean break’, the Court is obliged to consider whether this would be appropriate – but it really depends on the particularly of each case.
Our divorce settlement fees
Fixed fee divorce settlement advice
We are often able to handle the various stages of reaching a divorce settlement on a fixed fee basis. This can give you certainty over the costs involved as your case progresses.
Hour rates for financial settlements
For more complex financial settlements where you will need ongoing support, we will typically charge according to an agreed hourly rate based on the level of expertise required.
Deferred fees for divorce settlements
We know that your financial situation will often be uncertain until a settlement has been reached, so where appropriate we may be able to offer the option of deferring our fees until you have a settlement.
Why choose Gepp Solicitors for your divorce financial settlement?
With decades of combined experience across our Family Law team, we can advise you on exactly what to expect during divorce settlement proceedings and ensure that you get the best available outcome for you and your loved ones.
Several members of the team are also part of Resolution (the national association for family lawyers) with accreditation in areas such as Complex Financial Remedy Cases, Co-habitation Disputes and Private Children Law.
Gepp Solicitors is Lexcel accredited by the Law Society and independently regulated by the Solicitors Regulation Authority (SRA).
Book your initial fixed fee consultation with our divorce settlements solicitors in Essex
For more information or to arrange an free initial consultation with our divorce financial settlements solicitors in Chelmsford or Colchester, please use the phone number or email address below to get in touch.