At Banner Jones we can offer guidance on suitable Divorce Financial Settlements.
Among the first questions we are asked are: "how will our finances be divided?" and "how will we come to a divorce settlement agreement?" At Banner Jones our experienced divorce solicitors based in Chesterfield, Dronfield, Mansfield and Sheffield will work with you to achieve the best divorce settlement available.
Divorce Financial Settlement negotiations take into account several factors including:
- The financial and other needs of any children
- The current earnings of both parties
- The potential future earning capacity of both parties
- Length of the marriage
- Standard of living enjoyed during the marriage and income needs
- Contributions that both parties have made to the marriage, both financial and otherwise – including looking after the house or caring for children
- Assets of each party, including accrued pension values
How cryptocurrency can fuel asset concealment in divorce
The popularity of cryptocurrency for investment purposes is likely to fuel a rise in asset concealment when couples part.
No fault divorce- what are the changes?
You may well have heard in the news that the government are reforming the divorce process to introduce the so called ‘no fault divorce’ . This shall remove the element of fault and blame from the current divorce process and it is hoped that this will assist separating couples, making the court process less fraught and upsetting.
Choosing the right route for divorce
The ongoing pandemic has placed many pressures on our personal lives, with one in five relationships struggling to survive according to research by University College London. It’s a further regrettable statistic from the past two years, but if divorce is inevitable, couples who work together to shape their separate futures are likely to have a more positive experience than couples who go into battle over financial and childcare arrangements.
Mistakes to avoid when negotiating a separation agreement
If you have decided to separate from your partner, there are certain practicalities that you will need to work out together. This can be done through a separation agreement.
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.
Divorce & Separation advice: what to do now
We help with all aspects of Family Law and especially divorce cases. Kelly Parks, Head of our Family Law team offers advice on what to do next.
Everything you need to know about no fault divorce
This guide explains the no fault divorce process and covers the key points that anyone considering, or in the process of, a divorce should understand.
Tips for Surviving the festive season and beyond when separated
We know that going through a divorce or separation can be stressful at the best of times, but over the festive season emotions can run very high, especially when there are children involved.
Pension sharing during a divorce
Pensions are often seen as a bit of a mystery, with many people not realising their true value, but in reality, your pension is probably one of your most valuable assets. It is usually the second largest asset in the marriage after the matrimonial home. During a divorce or the dissolution of a civil partnership, the value of your pension assets will have to be taken into account as part of the financial settlement process.
Taking Care of Yourself - A Guide to Managing Divorce in Sheffield
Divorce is a stressful time for anyone. This guide gives some great advice for anyone going through this particularly difficult time.
Online divorce advice - the pros and cons
We know that the speed and convenience of online divorce is appealing. This article explains when it is appropriate and when it is not.
The Future of Divorce
It has recently been announced that couples in England and Wales will eventually be able to file for a ‘no fault’ divorce, meaning that couples who simply grow apart, no longer have to find ‘blame’ to bring the marriage to an end. It is thought that this reform in divorce law will help to reduce family conflict and, in some cases, could speed up divorce proceedings. With these changes, alongside the introduction of the Ministry of Justice online divorce platform it is thought that divorce will become much quicker and easier for many couples in the future.
Cohabitation is the name given to unmarried couples living together. Whether you have previously been married, or are living with your first ‘partner’, you are called cohabitees. But what does this actually mean in practice, and what are your legal rights if anything were to happen to the relationship, or to either of you?
What to do when a summer break becomes a summer break up?
Court departs from the ‘sharing principle’ in a divorce settlement
In a ruling in the June of 2017, the courts followed an increasing trend for financial settlements of divorcing couples to reflect more accurately the contributions that each partner made to the marriage.
Practical Advice - Taking Children Abroad After Separation
Planning ahead is important for most family holidays, but if you are looking to take your children abroad and you have separated or divorced, then the sooner you prepare this, the better.
Court reform gives stronger protection for victims and witnesses
Vulnerable victims and witnesses will no longer have to appear in court under new plans to roll out pre-trial evidence sessions.
Complex Divorce Fact Sheet
We have developed a fact sheet to help you with the various decisions and issues that are dealt with during the divorce process.
Guide to Getting Through Divorce in Sheffield
Are you local to Sheffield and are going through a tough time during a divorce or separation? Our family law solicitors have created a guide of things to do in Sheffield to keep you busy and get you back on your feet during this time.