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Protecting Your Assets

The division of assets during a divorce can be difficult for everyone involved and you may be wondering if there are ways to protect your assets.  Our Family Law team at Banner Jones are ranked among some of the best in the country as part of the UK Legal 500, so be assured that we can assist.

It is very common if you are the main breadwinner that you'll feel any solution will go against you, but don't worry there are ways we can help the make outcome work for you.

Having independent financial advice as part of your divorce proceedings can help you determine a robust financial plan for your future.  We can involve Banner Jones Wealth Management in all of our discussions, with three way meetings if this is of benefit to you.

Expert Advice On Protecting Your Assets

At Banner Jones, we have over 150 years of matrimonial experience within our family law department. We have solicitors dealing with a range of complex cases including land owners, lottery winners, business leader and even professional footballers.

Our family solicitors in Sheffield, Mansfield and Chesterfield have a wide range of skills (as well as experience) and can offer flexible solutions to suit your needs. One of the best ways to protect your assets is to not to waste them on expensive, ill-informed Court battles.

Protecting Your Assets

We can help you avoid Court if this suits you, using methods such as the non-Court based Collaborative Law and Mediation, however if preferred we can guide you through the more traditional Court process in order to protect your assets. Whichever method you decide to use we will be with you every step of the way.

Contact Us For More Asset Protection Advice

Our expert solicitors are highly experienced and will treat each case uniquely depending on your circumstances. Our family law team achieve solutions through confidential settlements and are always on hand to provide support as we know going through a complex divorce can be an extremely stressful time. We ensure each of our clients receive the upmost care and consideration throughout the process, and we will strive to do our best to protect your assets.  

We have offices in Chesterfield, Sheffield, Dronfield, Mansfield and Nottingham.

Frequently Asked Questions

He's got to keep a roof over our heads hasn't he?

Non-residential parents have to pay maintenance for their children; hopefully the amount can be agreed though negotiation and if not then the CSA will decide. Each case is different.   If for example the Mum and the children stay in the family home then she may relinquish her claims over any other assets such as pension and savings in return.

How soon can I file for Divorce?

There is a 12 month barring rule which means you can start the divorce process after being married for 1 year. In England you can get divorced if your marriage has broken down irretrivably, usually proved by allegations of adultery or unreasonable behaviour, or if there has been 2 years' of continously living apart.

My aunt only has one bank account. Can I deal with this on her behalf?

If the bank allows, it is possible for your aunt to name you as a third party on her bank account. This will allow you to withdraw funds and sign cheques on her behalf. We can help your aunt complete the mandate form required to put this in place.

What am I entitled to in a divorce? Can she take me for every penny?

No.  Sometimes it may feel as though this has happened. The aim when sharing out matrimonial assets is to be fair.  Both spouses have to make full disclosure about their assets and debts before any decisions can be made about distribution, trying to hide anything won't work.  Factors which are important when sharing out the assets include the current and future needs of each spouse and any dependent children; the length of marriage and the age, earning capacity and contributions of each party.

Will I lose touch with my children?

Your aim should be that both parents still play an active part in the raising of the child/children.  Usually parents sort this out amongst themselves, although if there are problems mediation can be a good way to resolve this.  Going to Court should always be the last resort where children are involved.

Will we have to go to Court during our divorce?

No, getting a divorce should be an administrative excersise only and there are many options open to you that avoid going to Court.

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97% of our clients would recommend us to a friend
(Ongoing Client Survey)

Thankyou Helena Downing for all your excellent service.

Mr & Mrs W, Alfreton

The family department at Banner Jones have just completed the legal arrangements in respect of my divorce. The service I received was exemplary and I wanted to write to you to let you know this. I have been pretty constrained in relation to availability to meet and most of our business has been done over email which I appreciated. Responses have been very timely, updates provided regularly, deadlines hit and fees reasonable. I contrast this with the service provided by a large law firm in Sheffield in the early part of the year and your approach and that of your staff to customer services, in my view, sets your firm apart. Your firm came to me through personal recommendation by a friend and I shall be happy to do the same. Thank you again.

Mr C, Sheffield

Thanks for your assistance with my case, your advice has been invaluable, and I would certainly recommend Banner Jones to my family and friends.

Mr P Sheffield

We would like to thank our solicitor acting for us Richard, he did a great job and was very easy to speak to and very friendly. Extremely professional and we would use him again in the future.

Mr & Mrs S, Sheffield

Cannot fault the service, efficient, prompt and cautious. Matters explained very well and clearly. Pleasantly surprised.

Mr & Mrs D, Mansfield

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Talk to our friendly team today on: 0330 017 6309

Kelly Parks
Kelly Parks
Head of Family
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