Divorce Financial Settlement Solicitors in Rhondda Cynon Taff & Bridgend

Divorce can make the future feel very uncertain. Questions about financial arrangements after divorce, in particular, can cause a lot of stress and anxiety. Our divorce solicitors in South Wales are here to help you answer those questions and find a positive way forwards.

With 30 years of experience helping individuals get a divorce behind us, our Family Law team is perfectly placed to support you as you transition to independent life after a relationship breakdown.

We can advise you on a wide range of divorce financial matters, including:

• Negotiating the division of money and property after divorce
• Agreeing spousal maintenance and financial provision for children
• Entering into a voluntary divorce financial settlement with your ex-partner
• Going to family court to secure a fair divorce financial settlement

Financial arrangements are often the most difficult aspect of divorce. You will be concerned about ensuring the final split of assets is fair and enables you to move on in financial security.

Everyone’s final financial arrangements are different. You may be able to agree a ‘clean break’ where the financial links between you and your ex-partner are completely severed. However, sometimes it is necessary to keep some ongoing obligations to one another, such as spousal maintenance, to make sure you can both keep the quality of life you are accustomed to.

Whatever the situation and however complex, we are able to help. We advise everyone, from young couples who may not have many assets to split, to couples who have been together for decades and have complex finances such as investments, pensions and businesses, to sort out.

We can also advise people about financial arrangements upon civil partnership dissolution.

Book your 1-hour fixed fee consultation with our divorce solicitors in Rhondda Cynon Taff and Bridgend

We can offer you a 1-hour fixed fee consultation to discuss your situation and how we can help. We will outline your basic options so you have a good idea of the type of financial arrangement you could secure. After this meeting, there is no obligation to carry on working with us, although most people do put the strategies we outline during the meeting into action.

We have offices across Rhondda Cynon Taff in Bridgend, Caerphilly, Church Village, Pontypridd, Talbot Green, Tonypandy, Treorchy and Tylorstown, where you can come and meet us to discuss your matter. We’re also happy to speak to you in any way convenient to you, including using video link software.

So, if you are splitting up with your ex-partner and need some advice about divorce finances, get in touch with us today for compassionate and cost-effective advice for you and your family.

Read more about our divorce and finances services here.

Why choose Devonalds for advice about divorce financial settlements?

Divorce is never easy, but when difficult questions about finances arise, the situation can quickly spiral out of control. Many divorce disputes that end up in court concern the division of finances.

You and your partner will both be anxious to secure a settlement that is fair to you, but it is common for partner’s definitions of fair to differ greatly. This is where a lawyer can help.

At Devonalds, our expert divorce solicitors have decades of experience helping individuals come to fair and suitable arrangements about finances upon divorce and civil partnership dissolution. When you instruct us, you can expect:

• A high level of knowledge and a practical understanding of your personal situation
• Your best interests and the welfare of your children to be put first at all times
• A listening ear and emotional support if things ever get too much
• Fast responses to your calls and emails

With us on your side, it is unlikely that you will need to go to court. Our team includes members of Resolution, which is a network of family law professionals who specialise in helping families reach settlements out-of-court. This saves time, costs and stress for everyone involved.

We advise individuals from all backgrounds and walks of life, from individuals who own few assets and are looking for a ‘clean break’, to individuals whose partner owns substantial assets which they want to secure a share of, to individuals who own complex and substantial assets such as investment portfolios and businesses.

How can we help you with divorce finances?

Agreeing the fair division of assets

Untangling your finances after many years of marriage can be a struggle without the right support. Our divorce can help you negotiate a fair financial settlement with your ex-partner, ensuring you are able to secure the assets you need to swiftly move on with your life. Our advice covers all financial matters, including:

• Deciding what should happen to the family home (e.g. should it be sold? Transferred to one partner? Owned jointly until your children turn 18-years old?)
• Agreeing the fair division of assets, such as:
  • Rights to second properties, buy-to-lets and holiday homes
  • Savings
  • Stocks and shares
  • Investments
  • International assets
• Negotiating pension matters, such as:
  • Obtaining a pension sharing order
  • Agreeing to offset the value of pensions with other assets (e.g. one of you keeps your pension while the other partner keeps the family home)
  • Pension attachments
• Negotiating the division of business interests
• Negotiating liabilities for debts and how bills, rent and mortgage payments should be maintained

Spousal maintenance

A clean break, where you split your assets and walk away with no further financial obligations to your partner, may be the easiest solution, but it’s not always the right one.

There are many ways a couple can support each other after divorce, whether that’s by co-parenting your children, providing practical support with household maintenance, or contributing financially, so you both maintain a good quality of life.

Married couples often contribute to the relationship in different ways. It is very common for one spouse to earn a lot more than the other, for example, because the other spouse quit their job to raise the children. In such cases, it may be appropriate for the higher-earning spouse to contribute to their ex-partner financially after divorce.

Spousal maintenance is when one partner pays a one-off lump sum or regular ongoing payments to their ex-partner after they break up.

Our divorce solicitors can help you negotiate spousal maintenance with your ex-partner, ensuring that the resulting settlement is fair to you and prevents any future financial hardship.

Financial provision for children

Parents are required to financially support their children, even after their relationship breaks down. There are many ways we can help you sort out financial matters relating to your children, including:

• Supporting you as you negotiate ongoing child maintenance payments with your ex-partner
• Negotiating lump sums to contribute to the children, for example, to pay for a car or the costs of furnishing a home for the children
• Assisting with the transfer or settlement of property to provide the children with a home
• If your child has a disability, negotiating contributions to expenses to pay for expenses

The family courts can make some orders in relation to financial provision for children. However, the court will rarely make a decision about child maintenance – if you cannot come to a voluntary child maintenance agreement, you can turn to the Child Maintenance Service (CMS) (formerly the Child Support Agency).

Drafting a divorce financial settlement

As well as helping you negotiate financial arrangements, we can draft your divorce financial settlement document, ensuring all the desired terms are clearly recorded.

We can help you apply to court to get your settlement approved and turned into a consent order. Getting a consent order means that the agreement is legally binding, and you can enforce it in court if you ever need to. A consent order can also prevent your ex-partner from making future financial claims against you (for example, if you win the lottery or receive a large inheritance). You do not usually have to go to court to get a financial consent order.

Going to court for financial orders

As well as advice about consent orders, our divorce lawyers can provide advice about seeking a range of other financial court orders.

We know that voluntary agreement is not possible for everyone. There may even be factors that make it inappropriate for you to negotiate voluntarily, for example, if there is a history of domestic violence.

We are skilled litigators with years of experience handling court applications for divorce financial orders.

Book your 1-hour fixed fee consultation with our divorce financial settlement solicitors in Rhondda Cynon Taff and Bridgend

We can offer you a 1-hour fixed fee consultation to discuss your situation and how we can help. We will outline your basic options, so you have a good idea of the type of financial arrangement you could secure. After this meeting, there is no obligation to carry on working with us, although most people do to put the strategies we outline during the meeting into action.

We have offices across Rhondda Cynon Taff in Bridgend, Caerphilly, Church Village, Pontypridd, Talbot Green, Tonypandy, Treorchy and Tylorstown, where you can come and meet us to discuss your matter. We’re also happy to speak to you in any way convenient to you, including using video link software.

So, if you are splitting up with your ex-partner and need some advice about getting a divorce finances, get in touch with us today for compassionate and cost-effective advice for you and your family.