Early legal advice during the divorce process is invaluable. It is never too soon to speak to a solicitor, they can advise you on likely outcomes which will enable you to make informed decisions about your separation. Where both individuals receive early legal advice, it is more likely that they will be able to reach a settlement as they will have a realistic understanding about their legal positions empowering them to make to resolve matters without litigation.
Whilst you can apply for your divorce online without the assistance of a lawyer it is usually worthwhile seeking professional advice about resolving the family finances.
Not obtaining early legal advice in relation to the finances can result in expensive mistakes such as:
- You setting a precedent for spousal maintenance by paying your ex-partner much more that you should;
- You agreeing a financial settlement that isn’t in your best interests;
- Assets being moved, dissipated or hidden;
- Increase your chances of going to court because you refuse to agree something that you would have agreed if you had understood the legal position.
Even if you have agreed the finances with your ex-partner and are happy with the outcome, it is crucial that you have that agreement formalised by a solicitor into a “consent order”. That will be submitted and approved by the court so that it is legally binding. Without a financial order being made the family finances are not resolved and there is an ongoing risk that your ex-partner could bring a claim against you in the future. It is the financial order, not the divorce order (decree absolute) that brings the financial tie between you to an end.
Choosing the right solicitor for your matter is crucial and we therefore offer a free initial consultation so that you can find out more about our services and decide whether we are the right fit for you.