Financial Settlements

We’ll Fight To Protect Your Finances So You Can Start Afresh With Ease

Finances are often at the centre of various divorce disputes. In fact, it is at this step of divorce that parties tend to struggle the most to reach an agreement.

As financial specialists, our family and divorce solicitors are uniquely placed to provide the expert and tailored advice needed when it comes to defining a financial settlement that works for you. Our expert advice and negotiation skills are the reason why you and your family will be safe in our hands.

We handle the broad issues concerning financial settlements, including:

  • Asset Division
  • Asset Discovery
  • and Child Custody Matters (child maintenance, residency etc).

Let us help you gain the financial security that you and your family deserve for a fresh start.

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Frequently asked questions

In most cases, the court seeks to achieve what is called a ‘clean break’. It tries to ensure that both parties are left in a position, after the settlement, where they are no longer financially dependent on each other and can move forward with their separate lives. It should be noted that there can never be a clean break in respect of children.

Maintenance may sometimes be ordered so as to try and enable parties to have a more equal split of finances, but this tends not to be done as much nowadays. When determining the level of maintenance to be awarded, the court should consider the payee’s needs and earning capacity, the standard of living as a couple, and the payer’s ability to pay.

Several factors are taken into account when formulating a Financial Settlement. This includes the parties’ ages and length of the marriage, the couple’s standard of living, and any disabilities – all of which help determine the financial needs of the parties involved. The contributions of each party, and at times their conduct towards one another and any benefits that might be lost as a result of the divorce, are also points that may come to be considered.

The court will consider the welfare of any children under the age of 18 when deciding on a Financial Settlement after divorce. It is important to note that Child Maintenance is a separate matter which is considered distinctly from the financial agreements reached by the couple. Nevertheless, Child Maintenance can still be agreed by the parties and be equally set out in a consent order.

More often than not, the Court does not have jurisdiction to impose a decision on Child Maintenance, except in cases that fall outside the remit of the Child Maintenance Service.

In most cases, parties are able to reach a Financial Settlement without court intervention. Parties may be able to reach an agreement on finances and submit it to the court in the form of a Consent Order. Those unable to reach such an agreement tend to take part in contested financial proceedings with the aim of reaching an agreement themselves. If that is not the case, proceedings might result in a decision being made and imposed by the Court.

As a specific type of Court Order, a Financial Order will set out how you and your ex-spouse should deal with the finances following divorce. They can also be put in place in proceedings aiming at dissolving a civil partnership, annulling a marriage or reaching judicial separation.

Financial Orders could include:

  • Maintenance pending suit (maintenance paid on an interim basis until the split is concluded)
  • Lump sum Orders
  • Spousal periodic payments
  • Pension sharing
  • Property Adjustment Orders

Grayfords has successfully dealt with matters involving very different sorts of Financial Settlements. If you need more information or are looking for representation regarding any family law-related proceedings we would be happy to speak to you.

Yes. Our solicitors are experts in financial claims for children and can advise you on what your family is entitled to. We can successfully negotiate Child Maintenance on your behalf, helping you ensure that your child’s future is provided for.

Even if you were never married, having a child together may mean that you are entitled to make a financial claim against the other parent on the child’s behalf. By contacting one of our solicitors, we will be able to tell you if this applies to you.

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Regular Catch-up Strategies

At Grayfords, we understand the importance of developing effective strategies to achieve the desired outcomes for our clients in family law and private client law matters. That's why we prioritise regular catch-up strategies to ensure that your case is handled efficiently and aligned with your goals. 

As experienced family and private client lawyers, and strategy experts, we recognise that every case is unique and requires a tailored approach. Through regular catch-up sessions, we engage in open and collaborative discussions with our clients to gain a thorough understanding of their objectives, concerns, and preferences. These ‘catch-ups’ allow us to assess the progress of your case, identify any evolving needs or challenges, and adjust our strategies accordingly. We are also then able to put in place any personal support our clients may need should they wish to avail themselves of our coaching and therapy & mental health services at any point during their legal matter.

By maintaining regular communication, we can provide you with updates on the status of your case, share important information, and address any questions or concerns you may have. This proactive approach ensures that you are actively involved in the decision-making process and empowers you to make informed choices throughout the legal proceedings. 

Our aim is to ensure that your case is being handled in the most efficient and effective way possible. Through our regular catch-up strategies, we can evaluate the success of our current strategies, make necessary adjustments, and optimise our approach to maximise the chances of achieving a favourable outcome for you. 

At Grayfords, we value your input and understand that your goals are essential to the success of your case. Our commitment to regular catch-up strategies reflects our dedication to providing personalised and client-centered legal services. By working together, we can create a strong partnership and develop strategies that align with your vision and aspirations. 

Strategic Partnerships​

At Grayfords, we believe in the power of strategic partnerships to enhance the quality and efficiency of our legal services. We understand that legal matters often require expertise in various specialised areas, and that's why we have established strong relationships with trusted and renowned specialists in both family law, private client law, and therapy and mental health support.

Our strategic partnerships enable us to provide a streamlined and comprehensive legal service to our clients. When your case requires consultation or assistance in specific areas of the law, we have the resources and connections to quickly and efficiently engage the right experts. 

Whether it's a complex family law issue or a multifaceted private client law matter, our network of trusted specialists allows us to draw upon their knowledge and experience to provide the best possible advice and representation for our clients. These partnerships ensure that we can offer comprehensive solutions that address all aspects of your case, providing you with a holistic approach to your legal (and personal) needs. 

By collaborating with specialists in various legal fields, we can navigate intricate legal challenges more effectively, saving you time, effort, and potential complications. Our commitment to strategic partnerships means that we stay informed about the latest developments in family law and private client law, ensuring that our advice and strategies are up-to-date and relevant. 

At Grayfords, we value the importance of offering a well-rounded legal service to our clients. Our strategic partnerships enable us to tap into a wealth of expertise and resources, ultimately enhancing the quality and effectiveness of our services. You can trust that we have the necessary connections to consult with specialists whenever needed, ensuring that every aspect of your case is addressed with proficiency and efficiency while also supporting you on a personal level as needed.

Time for you

At Grayfords, we understand the value of time, and we prioritise our clients by ensuring that they receive the attention and support they need throughout their legal journey. Unlike other family law and firms, we never claim to be too busy for our clients. We believe that effective communication is essential, and our team is always accessible and responsive to your needs.

Whether you have a question, or concern, or need an update on your case, our dedicated team of family law and private client law experts will be readily available to assist you. We go the extra mile to ensure that you can reach us conveniently and promptly. You can count on us to answer your calls or reply to your messages on platforms like WhatsApp, enabling efficient and effective communication.

Our commitment to internal collaboration and dynamism ensures that there is always someone available to address your family law or private client law case. We understand that legal matters can be time-sensitive, and we strive to provide timely and accurate advice. You can rely on our team's collective knowledge and expertise to guide you through the complexities of family law and private client law.

At Grayfords, we recognise that your time is valuable, and we respect that by being responsive, accessible, and dedicated to your case. We prioritise open and transparent communication, keeping you informed and involved every step of the way. You can trust that we will dedicate the necessary time and attention to your legal matters, ensuring that you feel supported and well taken care of.

Specialised Service

At Grayfords, we offer a specialised range of services across both family law and private client law, tailored to meet the unique needs of our clients. With a focus on honesty, empathy, and pragmatism, we provide reliable legal advice that is designed to help our clients achieve success in their legal matters. 

In the realm of family law, we understand the emotional challenges that can arise during sensitive family disputes. Our team of experienced family law solicitors provides compassionate support and guidance throughout the process. Whether you are going through a divorce, child custody battle, or dealing with complex property division, we have the expertise to navigate these intricate matters while prioritising your best interests. 

In the field of private client law, we recognise the complexities and demands that business owners and HNWIs face in today's dynamic marketplace. Our private client law services encompass a wide range of areas including wealth planning, asset management, trusts, wills, probate, and lasting powers of attorney. We aim to be your trusted legal partner, offering strategic advice and solutions that align with your commercial objectives as you navigate your family matter. 

At Grayfords, we believe in fostering long-term exceptional working relationships with our clients. Our dedicated team goes above and beyond to understand your unique circumstances and provide tailored legal solutions that anticipate your individual needs. We pride ourselves on delivering an outstanding personal service level, ensuring that you feel supported and informed throughout your legal journey.  

Our ultimate goal is to alleviate the pressure and stress often associated with legal matters. We are committed to guiding you through the complexities of family law and private client law, allowing you to focus on what matters most to you. Trust Grayfords to provide you with the specialised legal services you deserve, backed by our expertise, integrity, and dedication to your success.