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NEW COURT SOLICITORS
FINANCES IN DIVORCE
New Court Solicitors are experts in divorce law, helping couples reach suitable financial settlements. We welcome clients from across West London. One of the main concerns for a family going through divorce or separation is how they will manage financially. Whether you need to protect your wealth or ensure you receive a fair settlement, at New Court Solicitors, we believe that it is never too early to obtain specialist family advice on your position, particularly in relation to the matrimonial finances.
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Financial settlements
The divorce proceedings itself does not put an end to the financial relationship between you and your spouse. To separate your finances, both you and your spouse must reach a financial settlement. This means agreeing upon terms which are embodied in a document commonly known as a Consent Order. Upon the Consent Order being sealed by the Courts, this becomes a legally binding document which sets out how assets and wealth will be split prior to the conclusion of your divorce proceedings.
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There are cases whereby an agreement cannot be reached, in which case matters are often dealt with at Court. It is usually at this stage, matters become complicated and dealing with this on your own can be hugely frustrating and challenging. New Court Solicitors can assist you with resolving finances amicably ensuring that you receive a fair settlement from the matrimonial finance, which can involve properties, pensions, savings, and business interests. We aim to provide clear and honest advice, when assisting you throughout your financial proceedings.
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We are experienced in dealing with cases that involve high net worth assets and that are complex in nature. These cases often have an international/jurisdictional element when it comes to the matrimonial assets, and therefore require expert advice, which we can provide.
Division of assets and help with financial resolutions after a divorce
Even when you are divorced, without an Order pertaining to your financial settlement, either party can bring a financial claim against the other. You can obtain a financial settlement via a Consent Order or alternatively if matters cannot be agreed by way of a Final Order at any time during proceedings. Find out more below or get in touch for more information.
LEGAL COSTS
Fixed fee arrangements
We offer a fixed fee arrangement for many of our family law services. This means at the outset; we will agree to a fixed amount or provide you with an estimated fee for the work carried out on the specific matter. This provides you more certainty and allows you to budget your costs.
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Hourly rates
​If the matter is complex, and it is difficult to provide you with a fixed fee, we also offer our service based on our hourly rate. An hourly rate service involves paying for our exact time spent on carrying out the work involved.
DIVISION OF ASSETS ARE
Based on the following:
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You and your partner’s ages
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Property and money
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Your income
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Standard of living and expenses
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Number of dependents
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Role in the marriage (stay-at-home parent or breadwinner)
Other things to consider: Maintenance, Pensions, & Freezing Orders