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Financial Orders

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When you get divorced or dissolve a civil partnership, one of the most important issues to address is the distribution of assets between you and your ex-partner. 

This includes deciding how you are going to divide your finances, such as:

Pensions
Property
Savings
Investments

Financial orders also cover maintenance payments for any children and can cover ongoing living expenses for yourself.

If you are looking for advice and guidance on your financial order and want to discuss your next steps, please call Berlad Graham LLP today on 0330 175 5655. 

Family Law Specialists 

In many cases, couples can come to an agreement on how their assets are divided, sometimes with the help of a mediator, which avoids potentially lengthy Court proceedings.

However, even in simple cases, you need to apply to the Court for a consent order to make the agreement legally binding.

You might not think that you need a financial Court order if, for example, you reached a financial settlement in family mediation, signed a prenuptial agreement, or do not have any assets. However, securing a financial consent order from the Court is necessary to ensure that your ex-partner does not try to renegotiate the settlement at a later date.

At Berlad Graham LLP, our family law team can advise on all aspects of financial settlements to secure the best possible outcome for you and your family. If you are in the process of a divorce or a civil partnership dissolution and want to know where you stand financially, call one of our experts today on 0330 175 5655 or email info@bglaw.co.uk.

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Financial Order Court

When couples cannot agree on how to distribute the financial assets of a marriage or civil partnership, they must apply to the Court for a financial order (also known as the ‘contested’ route or an ‘ancillary relief order’). In these cases, the Court will decide how assets are split.

A Court has the power to make a wide variety of financial Court orders, including orders for:

  • Temporary financial support.
  • The sale of the family home.
  • The transfer of the family home.
  • Payment of a lump sum.
  • Transfer of shares in a family business.
  • Payment of spousal maintenance.
  • Sharing pensions by a pension sharing order.
  • An order freezing assets if there is a risk of them being lost.

The Court will make its decision based on criteria, called the S25 Criteria such as:

  • Age of the parties.
  • Each Parties earning capacity.
  • property and other resources available to each party.
  • living expenses/income needs.
  • standard of living during the relationship.
  • financial needs and responsibilities particularly if children are involved.
  • role in looking after the family, for example, if you were the primary earner, caring for the family or home, or making any other significant contribution.

The judge will usually try to arrange a ‘clean break’, so everything is shared out, and you no longer have any financial ties to one another.

Financial Disclosure And Financial Court Orders

The first step in the Court process for both a financial consent order and a financial order is for both parties to provide financial disclosure. The information required is less if you and your ex-partner have already agreed on how your financial assets will be split. However, it is still necessary for the Court to rule whether the order being requested is fair and reasonable.

To secure a financial consent order, you will need to fill in a financial statement of information summarising your financial and personal circumstances.

Financial Orders Solicitors Uxbridge, Hereford, and Shropshire

It is advisable to get specialist family law legal advice when considering any financial Court order to ensure the agreement is in your best interests. Our friendly team has dealt with various financial orders and has a proven track record of achieving positive outcomes for clients.

If you need any advice on a financial settlement following a divorce or dissolution of a civil partnership, please contact one of our team, who will be happy to help.

Contact Berlad Graham for legal advice

To speak to our friendly, experienced, professional financial orders lawyers today, please call 0330 175 5655 or email info@bglaw.co.uk.

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Henry Hudson
11/12/2024
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Susan from the Cumbria office is by far the best solicitor we've ever had the pleasure of working with. She was polite, courteous and always did what was best for us. When the vendors were trying to bring the completion date forward, and we were not ready, she spoke to the necessary parties and took the pressure off us. Susan was always very clear on what documents she needed from us and when she did receive them acted on them quickly and efficiently. If Susan was going to be on annual leave, she would always let us know, so we are not worried if we cannot reach her or if she does not respond. Just overall, Susan was a dream to work with and, coupled with the very competitive rates offered for the completion of the purchase of our house, we will definitely be looking to work with Berlan Graham and Susan in particular in the future, when we come to sell this property. Thank you for your utter constant professionalism, Susan. Best wishes!
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Well where do I start? This is the second time I’ve used Claire and Laura (and Alex) from the Cumbrian team. They have been amazing from start to finish! Even on the day before completion when my sellers solicitor went awol, they called me to explain and discussed my options. On completion date they were in contact with me and even now a week after completion they are still helping me with issues I’m having with my sellers. Thank you so much girls for all of your help and support. Me and Lisa couldn’t have done it without you. You are all amazing!
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Anna Taylor
08/08/2024
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We had heard horror stories about solicitors being unresponsive and unhelpful. Thankfully, Berlad Graham Solicitors do not follow this trend. We worked with Claire Brownlie and were thoroughly impressed by her assistance throughout the entire home-buying process. As first-time buyers, we were unfamiliar with the procedures, but Claire guided us through each step and put us completely at ease. Claire's exceptional patience and support were invaluable, and I would not hesitate to use her services again.
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Rachel Flinn
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I instructed BG Law for conveyancing services. Samuel Clifford was my primary contact. He was highly professional, easy to contact and provided regular updates. I was very happy with service levels and would easily recommend.
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Sushy “SC” C
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Lee Taylor-McCormick
11/08/2023
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Claire has been outstanding in handling my case for a house sale. Great communication, always responsive to emails and kept me updated on the process. I didn't need to chase them like I did with previous solicitors and they definitely restored my trust and faith in dealing with the matter so efficiently. It couldn't have run any smoother. They have been the easiest solicitors to deal with to date and I will be recommending them to friends and family in the future.
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Taslim has been an absolute godsend for us! Fought in our corner every step of the way and helped us navigate some tricky situations with extremely pushy estate agents. We were first time buyers who had no clue about what to do and Taslim was very patient in explaining the whole process to us. Couldn't recommend enough.
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