Understand how assets, pensions, savings, property and financial responsibilities may be addressed following divorce or civil partnership dissolution.
A financial settlement is the arrangement reached between separating parties regarding money, property, pensions, investments, debts and ongoing financial obligations.
Every family's circumstances are different. A settlement may involve transferring property, sharing pensions, paying maintenance, dividing savings or agreeing a clean break.
Many delays arise because financial information has not been gathered before legal review begins. Organised records and a clear understanding of assets can significantly improve efficiency during the settlement process.
Oakens assists by gathering structured information before referral to a legal practitioner for further review.
Many couples reach agreements themselves, although formal approval may be required if they wish the agreement to be legally binding.
Pensions are often one of the largest assets considered during a financial settlement and should generally be reviewed carefully.
Full financial disclosure is usually important when negotiating or determining financial arrangements following separation.
Answer a short set of structured questions so Oakens can assess whether your financial settlement matter may be suitable for further review.
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