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What are we each entitled to in our divorce settlement?

What does the law say about how to split the house, how to share pensions and other assets, and how much maintenance is payable.

What steps can we take to reach a fair agreement?

The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

What is a Consent Order and why do we need one?

A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.


Do you need help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.


Can we sort our finances out before any divorce

  • 101guy
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05 Jul 18 #502605 by 101guy
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  • hadenoughnow
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06 Jul 18 #502616 by hadenoughnow
Reply from hadenoughnow
Hello and welcome to wikivorce.

You can have a Separation Agreement to sort out the finances but it won't be legally binding until after there is a Decree Nisi in place. AFAIK It also cannot include a pension sharing order as this has to be made by the court. You could have this agreed in principle though.

If the Separation Agreement is properly drawn up and agreed after full financial disclosure, it can carry weight in the future and could form the basis of a Consent Order when you do file for divorce at some point in the future. Do bear in mind that, if circumstances change, the agreement can be revisited.

This site offers a Separation Agreement service (others are available) that you may want to have a look at. Click on the services tab.


Hadenoughnow

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06 Jul 18 #502627 by 101guy
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Thankyou for your reply and now understand this, I have now read up on Seperation orders. My next question is .. Can a mediator arrange for such an order to be arranged through a legal source

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07 Jul 18 #502632 by hadenoughnow
Reply from hadenoughnow
Some solicitors firms also offer mediation so I imagine they would be able to organise a Separation Agreement. Check the costs involved.

A mediator can help you reach agreement and produce a document that can be turned into a Separation Agreement with all the right legal language.

It is an agreement, not a court order. As I said, you cannot get that until after you have a Decree Nisi.


Hadenoughnow

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