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What does the law say about how to split the house, how to share pensions and other assets, and how much maintenance is payable.
The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.
A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.
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.
If you transfer an asset when you’re separated:
If you lived together at any point in the tax year that you transferred the asset, the normal rules for spouses and civil partners apply.
Otherwise you may have to pay Capital Gains Tax.
You’ll need to get a valuation of the asset on the date of transfer, and use it to work out the gain or loss.