Resolving financial issues between parties runs alongside divorce proceedings. It is important that you seek legal financial divorce advice as soon as possible in relation to finances and divorce. Going through a divorce is often a very emotional time for both parties and reaching a financial settlement can often be the most complicated part of the whole divorce process. We are able to help you and your family through a difficult time with expert knowledge and, from your first call to us, we will help you take control of your situation.
We will provide full, clear and honest answers to your questions and inform you from the outset the strategy we will employ in your case, taking into consideration your goals and your budget.
Both parties are required to provide a full and frank disclosure of their income and assets which is usually done using the court form called a Form E.
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Division of Income and Assets
There is no set formula for division of income and assets. If you speak to a number of friends you will find they have all had different experiences. You should obtain specialised legal advice to understand your options.
Assets may include the home, business interests, investments, pensions, trusts, and both parties’ incomes including future earnings will be taken into consideration.
We are experienced and specialise in dealing with all financial matters including high net worth claims, complex business and trust structures, property and pension provision in divorce.
At Prentice Family Law we offer an initial free telephone consultation to discuss your case and the best way forward for you, as each case is unique.