How Can Our Family Law Solicitors Help?
When you have complex financial issues to be resolved due to a separation or divorce, you need to have confidence in your adviser as high value divorce (or civil partnership dissolution) cases can require complex negotiations.
We know that this is a time of extreme distress and instability and it is essential that you have a team of highly qualified divorce lawyers who have the experience and understanding to help you through this extremely difficult area of law.
The Family Law team at Banner Jones have been 'Recommended' by the UK Legal 500 for 6 consecutive years, ranking them against some of the best in the country. Let us help you.
Banner Jones have experience in the following complex financial matters:
- Pensions
- Business Interests
- Family Businesses
- Investments and Tax
- Inherited Wealth
- Property Portfolios
We Provide Expert Advice on Complex Divorce Finances
With over 150 years of matrimonial experience within our department, we have Solicitors dealing with cases including lottery winners to land owners, business leaders to professional footballers. At Banner Jones we pride ourselves on offering expert marital advice and helping guide and support our clients through their complex divorce issues.
We have a wide range of skills (as well as experience) and can offer flexible solutions to suit your needs. We use various methods including the non-Court based processes such as Collaborative Law and Mediation, as well as the more traditional route of helping you through the Court process.
Types of Financial Matters
During a divorce, the following need to be taken into account where applicable:
- Pensions
- BusinessInterests
- Family Businesses
- Investments and Tax
- Inherited Wealth
- Property Portfolios
It is essential that all financial issues are thoroughly looked into and properly distributed, keeping hostility between parties and disruption to domestic and working lives to a minimum.
How are Marital Assets Divided?
If the parties have not achieved a negotiated agreement, the Court will apply its own discretion to the allocation of marital assets. The grounds for divorce rarely affect this decision; instead, the needs of any children and the following factors will be taken into account:
- The income of each party and any pension entitlements.
- Each party’s financial needs.
- The length of marriage – the longer the marriage, the more likely that the Court will be in favour of financial equality.
- The contribution each party has made to the domestic environment – looking after the home and children can be seen as equally important as earning a salary.
- Standard of living – preservation for both parties and any children will be a main priority.
How to Make a Will
Making a Will is commonly associated as something you do in later life however, in reality anyone over the age of 18 can have a Will and we would strongly recommend it to anyone with children.
What happens to business assets during a divorce?
We know that divorce is not easy for anyone, but it can become even more complex when there are business assets involved.
The Divorce Process
This guide explains the divorce process and covers the key points that anyone considering, or in the process of, a divorce should understand.
What Happens if I Don't Have a Will?
What’s the worst that could happen if you don’t have a Will? Our expert Wills solicitors have explain what can happen, in simple terms, in our guide.