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Common Financial Mistakes to Avoid During and After Divorce
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Common Financial Mistakes to Avoid During and After Divorce

Published on
Nicki Mitchell
Nicki Mitchell
Partner
Jones Myers

Sponsored post by Jones Myers.

The fear of starting all over again and all the financial worry that can bring with it can understandably have a profound effect on many people going through divorce or separation.

This fear can be particularly acute for those who have not had to deal with financial practicalities such as tax, standing orders and direct debits during their relationship.

If you are going through divorce or contemplating it and are concerned about future finances, this article will help to keep you on the right financial track throughout your divorce and beyond.

Be Open and Honest

Not sharing financial information during a relationship can contribute to problems during divorce proceedings.

One spouse may have no idea where the budget line is – or even where it should be drawn – and may have unrealistic expectations of what they are entitled to, or what is a realistic and affordable.

One spouse may have hidden savings or income from the other or scrutinised the other’s spending without being transparent about their own. On divorce, there is nowhere to hide. It is fundamental that both spouses fully and frankly disclose everything they have to each other as a starting point for an informed negotiation.

The Importance of Financial Disclosure

In every divorce, separating couples must provide to the other full details of their assets, income, pension and liabilities.   This is known as financial disclosure.

Financial disclosure ensures that both spouses can make fully informed decisions about what they consider to be a fair settlement. A failure to disclose anything material to the settlement can in some cases lead to an agreement being set aside. Lawyers and judges know every trick in the book and will ask questions if they suspect that money has been concealed. They may even employ forensic accountants to track down missing assets.

Don’t be tempted to hide money in offshore banks. These still have to be disclosed.  If you do not provide everything that is necessary to understand the financial position, family courts have the power to question your accountant, your financial advisor and even your bank manager.

Setting up a new business shortly before separation may well be seen as suspicious or even a deliberate attempt to hide assets.  Taking steps designed to put money beyond the reach of your spouse could lead to injunctions being made against you, freezing assets, or ordering the return of monies from third parties.  In the long run, actions such as these are highly unlikely to succeed and will almost certainly damage your credibility in the eyes of the court.

The Penalties of Concealing Assets

If it later comes to light that you have withheld material financial information during the financial disclosure process, your spouse might be able to ask the court to set aside the Financial Consent Order and relook at what would be a fair order – taking into account all the assets, including those not previously disclosed.

The court can also make an order that you pay your ex’s legal costs. In the worst-case scenario, deliberately withholding financial information in breach of a court order can amount to a contempt of court for which a range of penalties (including ultimately imprisonment) could be imposed.

Include Pensions in Financial Settlements

Frequently overlooked in financial settlements, pensions are frequently one of the most valuable assets of a marriage. They often make up the second highest- value asset in a divorce settlement after the family home – or sometimes the highest.

It is key that information about pensions is made available in the financial disclosure process which must include details of all pensions, including state pensions – and the value of each one.

The most common way in which a disparity in pensions is addressed in a divorce settlement is pension sharing.  Pension sharing splits the pensions immediately and provides a clean break

As an alternative, in some cases ex-spouses prefer to take a greater share of the equity in the family home or other capital, as a trade-off for a share of the other’s pension.

Some divorces may involve several pension arrangements so it is important to consider which arrangements should be shared, and to what extent.  Pensions are complex and, save in very straightforward cases with pensions of limited value, it is important to get specialist advice about them before agreeing a settlement.

The pension share may be internal (when the recipient becomes a member of the scheme) or external when the share must be invested in an existing or new arrangement of the receiving party. Care should be taken to obtain details of the cost of any transfer.

In deciding what is best for them, the couple need to consider how their respective financial needs will be met and what other assets are available for distribution.

Consider Financial Planning

It can be helpful to have financial advice during settlement negotiations.  Many financial advisers use cashflow modelling, which can be a valuable way of how different settlement options might pan out in the future. In processes such as collaborative practice or mediation, it is quite common to bring a financial adviser into the process as a neutral to help the discussions.  Further financial advice can then be taken on an individual basis when settlement terms are clear.

Get a formal Financial Order

Once a financial settlement is agreed, it is almost always best for the terms agreed to be made final and binding in a court order. This is a legally binding document which details the main assets owned by divorcing couples and sets out the financial arrangements agreed between them. The terms of an order are binding and can be enforced through the courts if there are any problems putting those terms into effect.

It is important to understand that the divorce process itself does not dismiss financial claims which  can be pursued many years after the divorce has been finalised provided the person bringing the application has not remarried. Putting off the conversation at the time of separation can sometimes just be kicking the can down the road.

Try to avoid exceeding your budget

I am not a financial adviser, but these are some pointers which might be useful to think about:

  1. Create a ‘to do’ list of all things financial (bills etc) and an aspirational list to set goals for enjoyable things such as treats and breaks
  2. Consider having two bank accounts – one for day-to-day expenses for the house, food, car and associated expenses, direct debits, standing orders and credit card payment. The second is for setting aside some savings for exceptional expenses such non-essential clothing, holidays, and house repairs.
  3. Set out the absolute and exact payments needed every month for your house and family
  4. Know when your maintenance payments arrive and budget accordingly. Ensure standing orders don’t go out before your monthly payments are due in
  5. Apply to your Council for a 25% council tax discount. The concession applies if you are on your own or have younger children
  6. Expand your support network if you’re on your own or have children. Now is an ideal time as the country emerges from lockdown
  7. Take professional advice on preparing and budgeting for your own retirement
  8. Make a will. If you have a pension or life assurance, ensure it includes your chosen beneficiaries and is updated. Review it every few years.
  9. Stay healthy in body and spirit – try new things. You could also consider engaging a life or Divorce coach who specialises in helping people in your situation prepare for their new future

Spousal Maintenance and Child Maintenance

Remember that Spousal Maintenance will usually be paid for a period of time to enable you to adjust to financial independence or when your financial needs are reduced, for example, when your children finish school or university, or leave home.

Be aware that your spousal maintenance will stop if you remarry or enter into a civil partnership or if either of you dies. It could also be affected if you meet a new partner and move in together

It is also important to plan for when child maintenance – which is mandatory for both parents for children under sixteen and youngsters under twenty who are still in full time education – comes to an end.

As part of our holistic approach, Jones Myers advises and guides our clients through the stages of divorce during and after their divorce.

A champion of non-confrontational divorce and resolving issues in a spirit of collaboration and cooperation, our extensive expertise includes alternative to avoid courts which include mediation and collaborative family law.

Our pre-divorce and post- divorce support includes helping them to stay on the right financial track as they embark on the next chapter of their lives.

Read more articles by Nicki Mitchell.

About Nicki Mitchell

With extensive experience in family law, Nicki specialises in the financial aspects of relationship breakdown – and particularly complex cases involving family businesses, multiple properties, and complicated pension arrangements.

A skilled Mediator, Child Inclusive Mediator and Collaborative Family Lawyer, Nicki champions Alternative Dispute Resolution processes which avoid a lengthy court process and can lead much more quickly and cost effectively to a successful resolution.

Her exceptional track record also includes advising clients on the more traditional methods of resolving issues surrounding family breakdowns.

Direct Dial: 01904 202553 or email  Nicki.mitchell@jonesmyers.co.uk. Website: www.jonesmyers.co.uk

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Separation and Divorce in 2025: Navigating the Current Landscape and Looking Ahead
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Separation and Divorce in 2025: Navigating the Current Landscape and Looking Ahead

Published on
Sean Hilton
Sean Hilton
Partner
Stevens & Bolton

For those contemplating a separation or divorce, the idea of navigating the inevitable complexities that follow can be a daunting one. In addition to understanding the core legal principles, Family law is an area that constantly evolves. Judges react to changes in societal ideas and professionals working alongside separating or divorcing couples are constantly looking at new ways to support the clients, couples, and families they support. It is therefore important to stay up to speed with current trends, and to try where possible to predict the future direction of travel.

Cohabiting couples

Whilst it is not a new issue, the legal status (or lack thereof) of couples who are separating without having married remains a ‘hot topic’ in the Family law community. Despite significant noise, and pressure on policy makers (most notably by the organisation Resolution, and its members), there is no sign of change any time soon. It is important for those in that situation to take specialist advice on their options. Where any legal change is still some way off, those in, or entering into, cohabiting relationships should consider other routes of protection, for example Declarations of Trust or Cohabitation Agreements.

No-fault divorce

The consensus within the Family law community is that the introduction of the ‘no-fault’ divorce system has been a positive one. Any historic concerns that the no-fault system would result in a greater number of couples divorcing have proven unfounded as the recent statistics from His Majesty’s Court Service have shown.

Although able to avoid the ‘blame game’, there remains a clear bias towards divorce applications being issued on a sole basis (74% of all applications over the quarter most recently reported). The alternative is an application on a joint basis.

This bias could be because one person will often wish to divorce the other and take control of the process. It may also be because of the additional administrative burden that comes with a joint application, with those complexities heightened where the other applicant is acting in person. Another reason may be that given the access provided by the online divorce portal people are managing the divorce process themselves without solicitor involvement, perhaps even before taking any advice at all.

Regardless of the reasons, and the split of sole versus joint applications, the key is to ensure that the process can be managed with the least possible amount of animosity, particularly where children and finances are involved.

Resolving financial matters alongside divorce

The recent statistics also support a fact long understood by Family lawyers, and one that is of grave concern. Less than half of couples making an application for divorce then apply to the court for an order finalising their financial claims. It could be said that in some cases there may not be any money to be divided, so is an application necessary?

In short – yes. A couples’ financial claims remain ‘live’ even after they are legally divorced unless a Court order has dismissed them. In its simplest form this is by way of a ‘clean break’ order, dismissing all claims each spouse has against the other. This then ensures that no future claims can be bought. Looking ahead it may be that before granting a conditional or final order in the divorce process, the court asks the parties to confirm that they understand this fact and are either taking steps also to resolve their financial claims formally or have chosen not to do so.

Protecting assets acquired before marriage

Whilst it will be relevant for a smaller number of divorcing couples, those with pre-acquired assets that were bought into the marriage should take note of the long running case of Standish and Standish [2024] EWCA Civ 567. This is due before the Supreme Court this Spring with Judgement anticipated in the latter part of the year.

This case centres around the transfer of assets acquired pre-marriage into the name of a spouse for tax reasons, intended then to be placed in Trust. Those transfers into Trust did not take place and the subsequent argument on divorce was that those assets had become matrimonial by virtue of the transfer.

The key issue here is whether the transfer of the assets did in fact make them a matrimonial asset, despite the fact that they were clearly acquired pre-marriage and their transfer to the spouse was for a reason other than to ‘share’ them as part of the marriage. The same arguments could apply for assets that someone may inherit while married. For those where this is a possible issue, communication at the time of inheritance/transfer will be of key importance.

Pre- and post-nuptial agreements

Another protection method, and one that is increasingly common, is a pre- or post-nuptial agreement. Whilst the Family Court retains discretion in respect of nuptial agreements advisors can now give clients more certainty than ever that where properly executed (ideally in line with the Law Commission recommendations on Qualifying Nuptial Agreements), the terms should provide the intended protections.

Looking ahead, the recent case law confirms that Judges wish to avoid an overly paternalistic and interventionalist mentality. Where couples enter into nuptial agreements, and barring any vitiating factors, they should expect to be held to their terms.

Non-court dispute resolution (NCDR)

In cases where any element of negotiation is necessary NCDR should be the first consideration, particularly for higher net-worth couples. There remains a significant backlog in the family courts and recent changes in law have increased the likelihood of cases being openly reported. These factors make NCDR an evermore attractive proposition.

This area has developed at a rate of knots, and there is now an almost limitless range of options available, providing the ability to build a bespoke ‘package’, supported where necessary by third party experts such as financial advisors or therapists.

The rise in NCDR has been driven by the legal changes which, subject to some exceptions, require all divorcing couples to attempt it before issuing a court application. It has also been driven by the lived experience of clients, and their Lawyers, in navigating a Court system which is underfunded and overstretched. Whilst there will always be the need for a specialist Family Court, and the commitment of Judges working daily to assist couples and families cannot be questioned, the NCDR processes are time and cost effective and some of the country’s top Family law specialists are tailoring their practices to such processes.

The benefits of NCDR have been recognised and promoted within the Courts as shown by the proactive case management of Mr Nicholas Allen KC in NA v LA [2024] EWFC 113. The court will more frequently push cases back into an NCDR model where appropriate, and the number of cases using NCDR will continue to climb.

Horizon scanning

The Family law landscape is constantly changing, but keeping an eye on the key developments will allow those considering a separation or divorce to highlight any obviously important changes. This may be a preventative measure (for example a pre-nuptial agreement), or a pre-emptive measure (such as ensuring a settlement before a reported case is published), but for most it will be more important to keep abreast of the breadth of options available to assist in navigating the complexities of divorce and separation without unnecessary costs and distress.

About Sean Hilton

Sean Hilton, of Stevens & Bolton LLP assists clients on a broad spectrum of matters ranging from complex high-value financial proceedings following divorce, to disputes in relation to children. For instance, Sean advises unmarried families on the consequences of a relationship breakdown and is instructed on pre and post nuptial agreements, often with an international element. Sean is considered as a “Rising Star” by the Legal 500 Directory and in the Thompson Reuters Super Lawyers List, and has recently been shortlisted for Family Lawyer of the Year – Senior/Managing Associate in the CityWealth Future Leader Awards.

Sean’s Stevens & Bolton profile and contact details are available here, and he can be found on LinkedIn here.

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Financial Claims for Stay-at-Home Parents Upon Divorce: What You Need to Know
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Financial Claims for Stay-at-Home Parents Upon Divorce: What You Need to Know

Published on
Stephanie Kyriacou
Stephanie Kyriacou
Managing Associate
Freeths

When a marriage breaks down, financial settlements can be particularly complex where one spouse has sacrificed their career to raise children. In England and Wales, the law recognises this contribution and provides a framework for fair financial division under the Matrimonial Causes Act 1973. This contrasts sharply with the legal position of unmarried cohabitees, who have far fewer rights.

Cohabiting couples in Britain account for nearly 1 in 5 families and are the fastest growing family type – with almost 3.6 million opposite-sex cohabiting couple families. Despite this, when a cohabiting couple’s relationship breaks down, the law treats them as though they were two completely unconnected individuals with no basic legal protections.

Financial Claims Under the Matrimonial Causes Act 1973

A stay-at-home parent who has put their career on hold for the benefit of the family may be entitled to substantial financial relief upon divorce. Under the Matrimonial Causes Act 1973, the court has wide discretion to ensure a fair division of assets and income, taking into account factors such as:

  • The needs and resources of both parties – this includes income, earning capacity, property, and financial obligations. A parent who has been out of work for many years may struggle to re-enter the workforce at the same earning level as before.
  • Contributions to the marriage – non-financial contributions, such as childcare and homemaking, are valued equally to financial contributions. The court acknowledges that raising children is a crucial role that has economic value.
  • The welfare of any children under 18 – ensuring financial stability for children is a priority, often influencing maintenance and housing arrangements.

Types of Financial Orders Available

A stay-at-home parent may apply for various financial orders, including:

  1. Spousal Maintenance – A regular payment from the financially stronger spouse to help the stay-at-home parent meet their needs, especially if they cannot immediately become financially independent. This may be for a fixed term or, in some limited cases, for joint lives.
  2. Lump Sum Payments – A one-off capital payment to balance the division of assets.
  3. Property Adjustment Orders – The court may transfer or adjust ownership of the family home, sometimes allowing the primary caregiver to remain there until the children are older/finish their secondary education.
  4. Pension Sharing Orders – Stay-at-home parents may claim a share of their spouse’s pension to provide for their long-term financial security.

Key Differences: Married vs. Cohabiting Parents

While married stay-at-home parents have various legal rights upon divorce, cohabiting partners have no automatic financial claims against each other upon separation, regardless of how long they lived together or whether they raised children together. The law does not recognise “common-law marriage.” Instead:

  • A cohabiting parent can claim child maintenance from the other parent, calculated under the Child Maintenance Service (CMS) formula.
  • They have no right to spousal maintenance or a share of their partner’s assets unless they can prove ownership through property law principles, such as trust claims.
  • Cohabitees cannot claim a share of their ex-partner’s pension.

A co-habitee may have recourse to make claims under Schedule 1 of the Children Act 1989, but these financial claims are solely for the benefit of any children of the family and not for themselves.

Conclusion

For stay-at-home parents, the Matrimonial Causes Act 1973 provides vital financial protections upon divorce, recognising the economic sacrifices made in raising children. In contrast, unmarried cohabitees face significant financial vulnerability, with limited legal remedies available.

  • Under current law, it is possible to live with someone for decades and have children together, but then simply walk away with the economically stronger party taking no financial responsibility for a former partner when the relationship breaks down.

The current Government have committed to legislation to better protect cohabitees, however, as yet, there is no date for when this new legislation may come into effect.

About Stephanie Kyriacou

Stephanie Kyriacou is a Managing Associate in Freeths Family team and is based in the East Midlands. Stephanie is a highly experienced specialist family lawyer whose work includes divorce, middle to high net worth (HNW) financial matters, private children law matters, cohabitation disputes, Schedule 1 claims and pre and post nuptial agreements. Stephanie is on the board for the Leicestershire Resolution Committee and is committed to the Code of Practice which promotes a constructive approach to resolving family issues that considers the needs of the whole family.

A link to her profile can be found here: Stephanie Kyriacou | Family Law | Leicester | Freeths

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A Guide to Spousal Maintenance
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A Guide to Spousal Maintenance

Published on
Chris Sweetman
Chris Sweetman
Editor at The Divorce Magazine
Director at Fair Result

Sponsored post by Fair Result.

This blog serves as a practical and informative guide to spousal maintenance in divorce settlements. It clarifies what spousal maintenance is, who may be eligible, how payments are determined, and key considerations when negotiating or contesting maintenance. Keep reading to find out more.

What is Spousal Maintenance?

Spousal maintenance, sometimes mistakenly called alimony, is financial support paid by one spouse to the other following a divorce or separation. Its purpose is to provide financial assistance to the lower-income spouse, ensuring they can maintain a standard of living similar to that enjoyed during the marriage. Unlike child maintenance, which is specifically for the support of children, this kind of support focusses on the financial needs of the ex-spouse. It is often seen as support for the partner receiving it as financial assistance to allow them to adjust to single living.

Who Qualifies for Spousal Maintenance?

Eligibility for spousal maintenance depends on several key considerations by the court:

  • Income Disparity: The court examines the difference in income and earning capacity between the spouses.
  • Length of Marriage: Longer marriages are more likely to result in spousal maintenance awards, especially as above where one partner needs time to adjust maybe for example having a period of time to look for work.
  • Childcare Responsibilities: If one spouse is responsible for the care of young children, this may influence the award but must always recognise that this is entirely separate from child maintenance, but it does sometimes get merged by the courts and practitioners.

Each case is unique, and the court’s decision is based on the specific circumstances of the divorcing couple. At Fair Result, we use our experience in divorce financial settlements and negotiating to assist you in this aspect of your overall financial settlement and remember we operate on fixed fee divorce services.

How Payments Are Determined

Several factors influence the determination of spousal maintenance payments:

  • Financial Needs and Resources: The court assesses the financial needs of the lower-income spouse and the resources available to both parties.
  • Standard of Living: The standard of living during the marriage is considered to ensure fairness.
  • Age and Health: The age and health of both spouses can impact the duration and amount of maintenance.

Payments can be structured as either a lump sum referred to as a capitalised lump sum or ongoing periodic payments. The duration of payments varies and may be fixed term or open-ended. However, the consent order would need to allow for extendable spousal maintenance, and this again is where Fair Results negotiating skills would be utilised for you.  It is also necessary to understand capitalised lump sum payments are reduced in financial value as against monthly payments, to reflect the fact the recipient is getting all the spousal maintenance payments in one lump sum. They can then invest this over time or utilise it immediately to help with for example the purchase of a new home.

Common Misconceptions

There are several misconceptions about spousal maintenance that need addressing:

  • Maintenance is Guaranteed: Spousal maintenance is not automatically awarded in every divorce case; it depends on the specific circumstances.
  • Men Never Receive Spousal Support: Although less common, men can and do receive spousal maintenance if they are the lower-income spouse.

Can Spousal Maintenance be Changed or Stopped?

Spousal maintenance arrangements can be reviewed and changed under certain conditions:

  • Reviews and Reductions: Maintenance orders can be reviewed periodically, and changes in financial circumstances can lead to adjustments if the circumstances are deemed necessary and the original order allowed for review at a particular time.
  • Impact of Remarriage or Cohabitation: If the recipient spouse remarries or cohabits with a new partner, maintenance payments may be reduced or stopped.

Negotiation Tips

Successful negotiation requires professional advice and careful planning:

  • Seek expert advice from family law professionals, such as those at Fair Result.
  • Be realistic about financial needs and future earning capacity.
  • Consider the long-term implications of the maintenance arrangement.

Fair Result offers fixed-fee divorce services to help you navigate the complexities of spousal maintenance and achieve a fair financial settlement.

If you need expert advice on financial settlements and spousal maintenance, get in touch with Fair Result. Our fixed-fee services ensure you have the support and guidance you need through your divorce. Visit https://fair-result.co.uk/ for a free no obligation discussion to see how our team can help you negotiate your UK divorce law spousal support.

Get in Touch

Call us at 07 500 933 818 or 0333 577 7009

Email peter@fair-result.co.uk or chris@fair-result.co.uk

Read more articles by Chris Sweetman.

About Chris Sweetman

Chris Sweetman is an independent family solicitor and director of Fair Result – An award-winning law office who pride themselves on using innovative ways to help clients through the stress and complications of a marriage breakdown.

Chris can be contacted on 07500933818 or via email chris@fair-result.co.uk.

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5 Common Myths About Financial Settlements in Divorce
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5 Common Myths About Financial Settlements in Divorce

Published on
Chris Sweetman
Chris Sweetman
Editor at The Divorce Magazine
Director at Fair Result

Sponsored post by Fair Result.

Financial settlements in divorce refer to the process by which a couple’s joint assets and finances are divided upon the dissolution of their marriage. This often complex and emotionally charged process aims to ensure that both parties receive a fair share of the marital assets. However, numerous divorce myths and misconceptions surrounding financial settlements can lead to misunderstandings and unrealistic expectations.

Believing these myths can be risky and may result in unfavourable outcomes. Therefore, it is crucial to separate fact from fiction to navigate the financial aspects of divorce more effectively. More importantly contact a specialist lawyer or financial accountant at Fair Result who will advise you the best ways to deal with financial separation on divorce.

Myths to Debunk

Myth 1: “Everything is split 50/50 in a divorce”

A common misconception is that marital assets are automatically divided equally between spouses in a divorce. The division of assets is based on what is deemed fair and just, which does not necessarily mean a 50/50 split. Courts consider various factors, such as the length of the marriage, each spouse’s financial contributions, future earning potential, and the needs of any children involved. The goal is to achieve an equitable distribution, which may result in one party receiving a larger share of the assets. The courts will also often look at spousal maintenance. There has long been a misconception that spousal maintenance will always be paid. This spousal maintenance misconception is wrong and maintenance will only be paid for as long as it is necessary to allow the party receiving it to adjust to single living again.

Myth 2: “The higher-earning spouse always pays spousal maintenance”

Another prevalent myth is that the spouse who earns more money will always be required to pay spousal maintenance to the lower-earning spouse. While the higher-earning spouse may be ordered to provide financial support, this is not a given. Courts consider multiple factors when determining maintenance, including the length of the marriage, the standard of living during the marriage, and each spouse’s financial resources and needs. In some cases, no maintenance may be awarded if both parties are deemed capable of supporting themselves.

Myth 3: “You can hide assets to avoid sharing them”

Some individuals believe they can conceal assets to prevent them from being included in the financial settlement. However, this is both illegal and unethical. Courts require full financial disclosure from both parties at the outset on a disclosure form known as Form E, and failure to disclose all assets can result in severe legal consequences. Methods of hiding assets, such as transferring money to friends or family or undervaluing property, are likely to be uncovered during this process. If hidden assets are discovered, the court may impose penalties, and the guilty party could face criminal charges.

Myth 4: “The parent with custody gets the house”

It is often assumed that the parent who receives primary custody of the children will automatically be awarded the family home. While the needs of the children are a significant consideration, the decision to award the house is based on various factors. Courts will evaluate each party’s financial situation, the ability to maintain the home, and the best interests of the children. In some cases, the house may be sold, and the proceeds divided, or the custodial parent may be allowed to stay in the home until the children reach a certain age. This is known as a Mescher Order, and you will need advice from a lawyer to obtain this as property division in divorce is complex to ensure each parties needs are met with the courts first priority being to ensure the children of the marriage are safely housed.

Myth 5: “You need to go to court to finalise a settlement”

Many people believe that financial settlements can only be resolved through a court process. However, there are alternative methods to resolve financial disputes that can be less stressful and more cost-effective. Mediation and collaborative divorce are two popular alternatives where both parties work together with the help of a neutral third party to reach an agreement. These methods allow for more control over the outcome and can often result in a quicker and more amicable resolution. However, even if mediators are used you will still need to get a lawyer to draft the financial consent order for approval by the court.  if you use a mediator that is not a qualified lawyer you will still need the lawyer to submit the consent order and supporting documentation to the government portal for approval by a judge. You do not need to attend court for this. The online process will deal with this for you.

Addressing Common Questions

What are the most common misconceptions people have about financial settlements?

The divorce myths mentioned above are among the most common misconceptions in financial disclosure on divorce. Additionally, people may believe that only marital assets are subject to division (when, in fact, non-marital assets can sometimes be considered) or that prenuptial agreements are always upheld without question.

How do courts determine a fair settlement?

Courts determine a fair settlement by considering several factors, including the length of the marriage, each spouse’s contributions, both financial and non-financial, the standard of living during the marriage, and the future financial needs and earning potential of each spouse. The primary goal is to ensure that both parties can maintain a reasonable standard of living post-divorce.

What legal requirements are involved in disclosing assets?

Both parties are legally required to provide full and frank disclosure of all assets, liabilities, income, and expenses. This information is typically exchanged through financial statements Form E and supporting documentation including payslips bank statements and details of properties you feel would be suitable for your post-divorce settlement. Failure to disclose assets can lead to serious legal repercussions, including fines, penalties, or having the settlement overturned. Fair Result can help you complete all this paperwork

Are there alternatives to court for resolving financial disputes?

Yes, alternatives to court include mediation, collaborative divorce, and arbitration. These methods involve working with neutral third parties to reach an agreement outside of the traditional court setting. They can be less adversarial and more efficient, allowing couples to maintain greater control over the outcome.

What are the consequences of believing or acting on these myths?

Believing or acting on divorce myths about financial settlements can lead to unrealistic expectations, prolonged disputes, and unfavourable outcomes. Misconceptions can result in unnecessary stress, increased legal costs, and potential legal penalties for unethical behaviour such as hiding assets which could ultimately lead to prison. It is always best to have all your divorce myths dispelled and get legal advice about the best way to proceed from one of the team at Fair Result.

Conclusion

Understanding the realities of financial settlements in divorce is crucial for making informed decisions and achieving a fair outcome. By debunking common myths, individuals can better navigate the complexities of divorce and avoid common pitfalls. For expert advice and guidance, readers are encouraged to contact Fair Result or use our WhatsApp service. Each client receives their own WhatsApp group where they can ask questions of the team at Fair Result anytime if they have questions or concerns over their case.  Navigating divorce with accurate information and professional support can make a significant difference in achieving a fair and amicable resolution.

Get in Touch

Call us at 07 500 933 818 or 0333 577 7009

Email peter@fair-result.co.uk or chris@fair-result.co.uk

Read more articles by Chris Sweetman.

About Chris Sweetman

Chris Sweetman is an independent family solicitor and director of Fair Result – An award-winning law office who pride themselves on using innovative ways to help clients through the stress and complications of a marriage breakdown.

Chris can be contacted on 07500933818 or via email chris@fair-result.co.uk.

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Steering Conflict Through the Compass of Mediation
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Steering Conflict Through the Compass of Mediation

Published on
Lucy Adams
Lucy Adams
Senior Associate
Knights

Government-incentivised shifts to non-court dispute resolution have ushered in a new era for families, presenting mediation as a viable option for resolving complex family issues such as divorce. Here, Lucy Adams, a trained family mediator and senior associate at UK top 50 law firm Knights, delves into the evolving nature of mediation, examining how the process has transformed over the past year — from a mere formality to a serious alternative to litigation for resolving disputes.

While it may yet be an extraneous concept for some, at its core, mediation is built on the simplicity of collaboration and conciliation. Unlike the adversarial nature of litigation, where outcomes are imposed by a judge, mediation prioritises dialogue and mutual agreement. With a neutral mediator facilitating and driving discussions, the process of mediation is designed to resolve disputes to the (relative) satisfaction of both parties, helping them reach resolutions tailored to their unique circumstances at a lower cost than full litigation proceedings, and in most cases, with more favourable outcomes for all involved.

Decision-making rests with the participants

The process relies on impartiality, the key distinction between a mediator and a solicitor. While solicitors are hired to advocate for their clients only, mediators focus on guiding both sides to a mutually desired agreement. The process is confidential and designed to empower families, retaining the power of decision-making firmly in their hands rather than surrendering control to a judge. And in fact, numbers show that 69% of cases resolve all or some issues, helping parties avoid court altogether.

The rising waves of mediation

It’s important to note that many with disputes, whether it be marital breakdown or other family issues, the core breakthrough in mediation can be as simple as an apology or gesture of acknowledgment from one individual to another. Mediation is the breeding ground for this to be delivered in an environment that is less stifling than the courts, acknowledging the emotion attached to issues such as divorce.

In recent years, the government has been actively promoting mediation as a means to alleviate the burden on family courts, which has coincided with legislative shifts to ensure Mediation Information & Assessment Meetings (MIAMs) are more than just tick-box exercises. These are the first compulsory step in setting the scene for what we know as non-court dispute resolution (NCDR), a process that mirrors the court process outside its walls.

From here, a mediator will have fairly definitive guidelines that will allow them to assess the idiosyncrasies of varying disputes and set in place suitable processes for mediation to take place.

In helping parties resolve their disputes outside of court, the Ministry of Justice (MoJ) has extended a government-funded voucher scheme, offering up to £500 toward mediation costs, now running until March 2026, as a way to ease financial barriers and make mediation more accessible to a wider audience.

Exploring the many facets of mediation

A voluntary and confidential process, mediation can be tailored on a case-by-case basis. Shuttle mediation, for instance, allows parties to remain in separate rooms while the mediator moves freely to facilitate discussions. This format can similarly be conducted online, providing accessibility for individual circumstances and day-to-day arrangements. t may also be a critical first step for issues like divorce, which can be upsetting to discuss face-to-face, or particularly where children are concerned.

For more complex cases, hybrid mediation, on the other hand, at the advice of the mediator, invites in additional participants, such as solicitors, financial advisors, or even therapists, to ensure agreements are legally sound or financially viable. Child-inclusive mediation also gives children a voice, enabling parents to make decisions that prioritise their well-being, particularly where family units have broken down.

Unlike the black-and-white outcomes of court rulings, mediation explores the nuances of each family’s situation. This creativity often leads to solutions that feel more personal and balanced, with the mediator having the insight to work through the case and consider aspects which may sometimes get overlooked at court.

Mediation benefits

Alongside its flexibility, mediation is considerably more cost-effective than traditional court proceedings, with expenses split equally between parties. Secondly, it is generally faster, often resolving disputes within weeks rather than the months or years litigation can take.

Beyond the practical benefits, mediation fosters a collaborative environment that helps preserve relationships, particularly when children are involved. By addressing both immediate concerns and long-term goals, mediation lays the groundwork for better outcomes and reduces the likelihood of future conflicts.

Mediation is particularly effective in disputes involving complex family dynamics, such as disagreements over finances, business assets, or pensions. It creates a space to address not only critical matters but also subtler emotional issues that might otherwise be overlooked in court. However, it may not be suitable for every situation, predominantly those involving severe domestic abuse, abduction, or bankruptcy, for example, which may require alternative interventions.

The hopes of a new treaty defining the future of mediation

The future of mediation is looking bright. Recent updates to family procedure rules now require courts to demand explanations for why mediation wasn’t pursued before litigation. This shift reflects a broader recognition of mediation’s effectiveness.

New methods such as hybrid mediation are likely to take the helm in addressing rather more complex cases, balancing out the flexibility of mediation with the expertise of legal and financial professionals. As stereotypes around mediation versus court litigation continue to diffuse, the potential of the former to transform how couples and families navigate dispute rises, thus helping individuals move through divorce in a legal, sensitive, and balanced manner.

About Lucy Adams

Lucy is a Senior Associate solicitor in the Family team. Lucy is also a trained Family Mediator.

Lucy is renowned for her expertise in both financial matters and child law.

Lucy has obtained the Law Society Advanced Accreditation in complex financial settlement and children cases. Lucy is also a Member of Resolution and committed to the constructive resolution of family disputes.

With over 15 years’ experience in family law, Lucy can support clients with the resolution of their divorce and on related financial issues including pensions, businesses, and pre-acquired marital wealth. She also supports cohabiting couples, who need help to resolve a dispute following their separation.

As a trained family Mediator, Lucy can offer a bespoke mediation service to assist in any children or financial disputes. The sessions can either be remote or face to face at one of our 23 national office locations in the UK. Mediation is a means of resolving disputes in an amicable, non-confrontational manner that meets the needs of both participants. Mediation can often be a quicker, more amicable, and less stressful process than the more traditional route at resolving disputes, such as going to court. Lucy is registered with the Family Mediation Association.

About Knights

Knights is one of the fastest-growing legal services businesses in the UK, delivering high-quality services to more than 10,000 business clients from 26 offices nationwide.

Knights is ranked within the top 50 UK law firms by revenue – with specialists in all key areas of corporate, real estate and commercial law. Its extensive expertise is consistently strengthened through its acquisitions and the recruitment of high-calibre talented professionals.

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How to Get Through Divorce in 2025: Proven Step-by-Step Process
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How to Get Through Divorce in 2025: Proven Step-by-Step Process

Published on
Chris Sweetman
Chris Sweetman
Editor at The Divorce Magazine
Director at Fair Result

Sponsored post by Fair Result.

Divorce can feel overwhelming, but at Fair Result, we’ve created a proven, step-by-step process to help you navigate it with clarity and confidence. In 2025, with shifting legal landscapes and evolving financial complexities, our transparent, fixed-fee approach ensures that you can focus on your future without worrying about spiralling costs or hidden surprises.

1. Acknowledging the Emotional Impact

Divorce is one of life’s most emotional and challenging experiences. It’s essential to recognise and process these feelings, rather than suppress them. Many people find that seeking emotional support can make a world of difference during this time.

Tips for self-care during divorce:

  • Consider joining a support group to connect with others who understand your situation.
  • Seek counselling or therapy to work through your emotions in a healthy way.
  • Prioritise self-care through activities like exercise, mindfulness, or spending time with loved ones.

At Fair Result, we not only focus on the legal and financial aspects of your divorce but also recognise the importance of addressing your emotional wellbeing.

2. Understanding the Financial and Legal Landscape in 2025

The divorce process in England has evolved over the years. With changes such as the introduction of the no-fault divorce law under The Divorce, Dissolution, and Separation Act, the legal framework is now more streamlined. However, financial clarity remains crucial.

Key divorce trends in 2025:

  • Longer average timeframes: On average, the time to a conditional order in sole divorce cases is now around 36 weeks, with the full process from application to final order taking approximately 49 weeks. Joint divorce cases tend to be slightly quicker, with an average of 30 weeks to a conditional order and 43 weeks from application to final order.
  • Increase in divorces among older adults: The rise of “silver splitters” reflects changing attitudes toward relationships in later life.
  • Shifts in divorce applications: While January remains a peak month for divorce enquiries, overall divorce rates fluctuate based on factors such as economic pressures and societal trends.

At Fair Result, we emphasise the importance of financial preparedness. From property division to pensions, we help you navigate the complexities with transparency and clarity.

3. Fair Result’s Proven Step-by-Step Process

At Fair Result, we pride ourselves on offering a transparent, fixed-fee process designed to minimise stress and maximise efficiency. Here’s how our approach works:

a. Initial Consultation

We begin with a free consultation to understand your unique circumstances. During this meeting, we’ll identify your priorities and goals, laying the foundation for a tailored strategy that meets your needs.

b. Financial Assessment

Our team of legal and accountancy experts conducts a comprehensive review of your financial situation. With a commitment to transparency and fairness, our fixed-fee model ensures there are no unexpected surprises.

c. Tailored Strategy Development

Based on your goals, we develop a personalised plan that considers legal, financial, and emotional factors. This strategy ensures that you achieve a fair settlement while minimising unnecessary conflict.

d. Settlement Negotiations

We focus on  avoiding the need for lengthy court proceedings. Our team works tirelessly to negotiate a fair and efficient settlement.

e. Finalising Your Divorce

From managing paperwork to obtaining consent orders, we handle every legal requirement to finalise your divorce. Our goal is to ensure you’re fully equipped to move forward with confidence.

4. Client Success Stories

We’ve helped countless clients achieve fair outcomes and build brighter futures. Here’s just one example:

“After years of financial uncertainty during my separation, Fair Result gave me the clarity and support I needed. Their fixed-fee model meant no surprises, and their team made the process so much easier than I expected. Today, I’m not only financially secure but also confident about the future.”

These stories reflect our commitment to putting clients first, every step of the way.

5. Looking Ahead: Building Your Future Post-Divorce

Divorce is not the end—it’s the beginning of a new chapter. Planning for your future is key to moving forward with confidence.

Post-divorce planning tips:

  • Reassess your finances: Create a realistic budget that reflects your new circumstances.
  • Set personal goals: Whether it’s advancing your career, pursuing a passion, or focussing on your children, take steps toward achieving what matters most to you.
  • Seek support: Don’t hesitate to lean on professionals, friends, or family for guidance as you navigate your new life post-divorce.

At Fair Result, we’re here to ensure you leave the divorce process feeling prepared and empowered to embrace the next stage of your journey.

6. Trends and Insights for 2025

The festive season often prompts reflection, and many couples decide to take the next step in January, leading to a surge in divorce enquiries. Known as “Divorce Day,” the first working Monday of the year—6th January 2025—is anticipated to see a spike in divorce applications.

While divorce rates have fluctuated, certain trends stand out:

  • Coastal towns like Norwich and Hastings have the highest proportion of divorced individuals.
  • Most divorces occur between 3 and 8 years of marriage, with “silver splitters” on the rise.

These insights underscore the importance of working with experts who understand the unique challenges of today’s world. Find out more about divorce trends here.

Conclusion

Divorce doesn’t have to feel like an uphill battle. With Fair Result’s proven step-by-step process, you can navigate this challenging time with clarity, confidence, and support. Our fixed-fee, transparent approach allows you to focus on what truly matters: building a brighter future.

If you’re considering divorce in 2025, let us help you take the first step. Contact Fair Result for a free consultation today.

Read more articles by Chris Sweetman.

About Chris Sweetman

Chris Sweetman is an independent family solicitor and director of Fair Result – An award-winning law office who pride themselves on using innovative ways to help clients through the stress and complications of a marriage breakdown.

Chris can be contacted on 07500933818 or via email chris@fair-result.co.uk.

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Why it is Vital to Include Pensions in Divorce Settlements in 2025
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Why it is Vital to Include Pensions in Divorce Settlements in 2025

Published on
Nicki Mitchell
Nicki Mitchell
Partner
Jones Myers

Sponsored post by Jones Myers. I cannot underestimate the critical role that pensions play in financial settlements as the volume of  divorce enquiries I am receiving increases this January.

Their importance has been further reinforced by New Year calculations from online investment service Interactive Investor, whose financial analysts say that spouses could lose up to £665k by overlooking pensions and failing to take them into account in divorce settlements.

Pensions are frequently one of the most valuable assets of a marriage, often making up the second highest – or sometimes the highest – value asset in a divorce settlement after the family home.

It is key that information about pensions is made available in the financial disclosure process, which must take place before any binding financial settlement can be made.

Disclosure must include details of all pensions, including state pensions – and the value of each one. This ensures that couples are able to make informed decisions as to what a fair settlement looks like for them

The most common way in which a disparity in pensions is addressed in a divorce settlement is pension sharing which provides a clean break between parties, as the pension assets are split immediately.

Alternatively, in some cases ex-spouses prefer to take a greater share of the equity in the family home or other capital, as a trade-off for a share of the other’s pension.

Some divorces may involve several pension arrangements so it is important to consider which arrangements should be shared, and to what extent.

The pension share may be internal (when the recipient becomes a member of the scheme) or external when the share must be invested in an existing or new arrangement of the receiving party. Care should be taken to obtain details of the cost of any transfer.

In deciding what is best for them, the couple need to consider how their respective financial needs will be met  and what other assets are available for distribution.

Alternative and non-confrontational ways for divorcing couples to reach a financial settlement without a lengthy and expensive court process include Mediation and Collaborative Family Law.

Both options – in which I have extensive expertise – are conducted in a spirit of mutual co-operation and put children’s best interest first.

At Jones Myers we always recommend that divorcing couples seek expert advice from highly experienced lawyers regarding their finances. Independent Financial Advisers can assist with pension valuations and projected future incomes.

Taking guidance early on will avoid the risk of losing out on what could be a substantial pension sharing provision that spouses are entitled to – and which can prevent long-term financial issues.

Read more articles by Nicki Mitchell.

About Nicki Mitchell

With three decades experience in family law, Nicki specialises in the financial aspects of relationship breakdown – and particularly complex cases involving family businesses, multiple properties, and complicated pension arrangements.

A skilled mediator, child inclusive mediator and collaborative family lawyer Nicki champions Alternative Dispute Resolution processes which avoid a lengthy court process and can lead much more quickly and cost effectively to a successful resolution.

Her exceptional track record also includes advising clients on the more traditional methods of resolving issues surrounding family breakdowns. Direct Dial: 01904 202553 or email  Nicki.mitchell@jonesmyers.co.uk  www.jonesmyers.co.uk

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Doing it For the Kids: Co-Parenting Strategies For the New Year
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Doing it For the Kids: Co-Parenting Strategies For the New Year

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Emma Alfieri - Co-Parenting
Emma Alfieri
Legal Director
Greene & Greene Solicitors

Following separation, often parents start the arrangements for their shared children without much of a plan whilst the family settle into their new situation.  Sometimes parents might adjust the arrangements over time until they can settle into a routine that suits the family.

Sadly, and often where there is poor communication and the co-parenting relationship is not a strong one, the arrangements later breakdown.

Cafcass, the Children and Family Court Advisory and Support Service say that if children experience poor inter-parental relations or do not know when they are next seeing the other parent, they are more likely to worry, especially if there are long gaps between visits without an explanation.  Therefore, it is important for separated parents to always put the children’s needs first, despite any differences with their former partner.

As a family lawyer, I am often approached by separated parents who seek to regulate the arrangements between them and the other parent.  Before considering Court intervention, there are a number of tools available that can help separated parents to co-parent more effectively:

  • A Parenting Plan – Parents can work together and formulate a Parenting Plan, which is a plan negotiated and agreed between the parents setting out what the arrangements for the child / children will be. For a free Parenting Plan template, visit: www.planningtogether.cafcass.gov.uk/plan
  • Parenting App – Where there is conflict between parents, and they struggle to communicate, a Parenting App should be considered. There are many free and paid Parenting Apps available, and the idea is that the App is used by the parents for discussion about the children only, and it can include things like calendars, ability to make audio and video calls, share expenses, make payments and maintain a secure text communication with the other parent.   Feedback from parents who have tried this have reported that limiting communication to an App has been helpful.
  • A parenting course. Attended alone or together, a parenting course can be a useful way for parents to gain insight about positive co-parenting and the benefits to the child / children. The courses usually consider how parents can effectively communicate and work together with the other parent to agree co-parenting arrangements without the need for Court intervention.
  • Mediation – If separated parents cannot agree the arrangements for the child / children, then they should consider Family Mediation. This is a process in which an independent professional trained Mediator helps the parents work out the arrangements for the children. The Mediator will help to try and find a solution which works for both parents.  The process is less stressful and significantly quicker than going to Court, and Mediators work with separating parents in ways that are flexible.  If separated parents do not want to be in the same space, then often remote Mediation sessions can take place.
  • Child Inclusive Mediation – This is a structured process which is suitable for older children where a qualified family mediator speaks to the child / children to ascertain their wishes and feelings. Where the children give permission, these wishes and feelings are then shared by the mediator with the parents in a separate feedback meeting. The parents can then use this information to agree the child arrangements moving forwards.

Conclusion

The risk to a deterioration in the child / children’s emotional wellbeing and mental health increases significantly where separated parents have a high level of conflict between them.  Therefore, separated parents are encouraged to consider how they can try and work together and communicate.

Remember that as children get older, often their needs will change. Therefore, when arrangements for children are made when children are very young, sometimes those arrangements could have a limited shelf life and later need to be reviewed – another reason to try and remain amicable with the other parent, where possible.

This is only intended to be a summary and not specific legal advice.

Read more articles by Emma Alfieri.

About Emma Alfieri

Emma Alfieri is a Legal Director at Suffolk firm Greene & Greene Solicitors.

Emma advises on all aspects of family law, including divorce and associated financial matters, disputes between cohabitants and child related disputes.

A member of Resolution, Emma is committed to resolving disputes as positively and agreeably as possible whilst also being motivated to obtain the best possible outcome for her clients.

Since 2012 Emma has been consistently recommended by the Legal 500 on an annual basis and in the most recent 2024 edition Emma is ranked as a “rising star”.

As an advocate of fault free divorce, Emma lobbied at Parliament with other members of Resolution in 2016 to bring about the recent changes to divorce law.

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When "I Do" Turns Into "I Don't": Key Considerations for Divorce Later in Life
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When “I Do” Turns Into “I Don’t”: Key Considerations for Divorce Later in Life

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Hayley McCormack
Hayley McCormack
Partner
Roythornes Solicitors

Over the past 30 years, divorces among individuals aged 60 and over have surged by an astounding 85%. In the past decade alone, divorce rates for men over 65 have risen by 23%, while rates for women over 65 have climbed by 38%. This has slowly but surely materialised in a steadily growing trend, commonly referred to as ‘grey divorce’ or ‘silver splitting,’ particularly prevalent among those nearing or already in retirement, and embodying a deviation or redefinition of ‘for better or worse’.

Unlike earlier-life divorces, grey divorce often poses implications of its own kind due to the life stage of those involved. Hayley McCormack, a family law specialist at Roythornes Solicitors, navigates the complexities of separating at later stages in life, particularly as this presents significant financial challenges, due to the proximity to retirement and the complexity of accumulated assets.

Historically, divorce was rarely a viable option for older couples, as financial dependence and social stigma discouraged separation. Women, in particular, often lacked financial independence, making it difficult to consider leaving a marriage in later years. Today, however, as societal norms have evolved and financial autonomy has increased, more couples see separation as a realistic path, even in retirement. Unlike younger couples, later-life divorces often involve the division of lifetime possessions such as pensions, property, and savings, which can have a profound impact on future security and stability.

There’s no place like home

One of the most contentious aspects of later-life separation is agreeing what to do with the family home, which for many is one of the most valuable assets in a marriage. The matrimonial home often carries sentimental significance over financial value. In most grey divorce cases, deciding whether to sell, retain, or transfer ownership of the home can be acutely convoluted as the choice will precede to lasting financial and emotional consequences.

While there may be a sum of options to ponder, it is often easier or sometimes necessary to sell the family property to fund the purchase of two properties instead. Selling the home and splitting the proceeds is often the simplest solution, especially if both parties prefer a clean financial break. This option can provide each party with the funds to purchase or rent new homes suited to their needs.

In this situation, it is essential for both parties to consider what is most affordable, taking into account repayment of any mortgage and early redemption fees, purchase price, stamp duty, legal costs, moving fees and any furniture or white goods they will need. If there is an existing mortgage, this can either be redeemed from the net proceeds or one of the individuals, if you need it, may be able to port the existing mortgage to a new property if there are any preferential rates to benefit from.

The place that holds a piece of your heart

Selling the home may not always be the desired approach and often one partner may wish to stay in the property. If this is a viable option financially, it can provide stability, particularly if there are health considerations or a desire to remain in a familiar community. However, retaining the home requires careful consideration of whether one partner can sustain the home’s upkeep and associated costs independently.

If one partner wishes to retain the family home, they may be able to offset the home’s value with other assets. For instance, one partner may keep the house while the other retains a larger share of cash, investments, or pensions. Although pensions are a significant marital asset, they are often overlooked during separation negotiations. Offsetting the value of the family home against pension assets can be a viable solution, but due to the complexity of these calculations, legal and financial guidance should always be sought.

Another approach for staying in the home is to refinance or increase the mortgage to buy out the other party’s share. In this scenario, the partner who remains in the home would need to assume full responsibility for the property’s costs and may have to qualify for a new or adjusted mortgage. The buy-out process typically involves transferring the property into the sole name of the individual staying in the home, which a solicitor would handle to ensure the contemporaneous transfer and payment of funds. High street lenders have amended their borrowing criteria so that mortgages can be taken later in life, but this will still be dependent on affordability and specialist mortgage advice may be required.

Together apart with joint ownership

For some, continuing to co-own the family home while one partner lives there may be a practical solution, particularly if both parties expect a rise in the property’s value or wish to avoid selling in a perhaps down market. However, delayed interest payment involves several complexities.

Setting a “trigger event” for when the other party will receive their share is essential. This could be a specific future date, the sale of the home, mortgage redemption, or even the passing of one party. Legal advice is vital in these situations, as both parties may need to prepare updated wills or trusts to address inheritance or transfer issues.

Delaying the transfer or sale can additionally lead to tax complications, particularly if one partner receives their share at a future date, which may affect capital gains tax.

Finally, if both parties remain on the mortgage but only one stays in the home, the partner who leaves may have limited borrowing capacity for a new mortgage, affecting their ability to purchase their own property.

Mapping the road ahead

Given that later-life divorces often come just before or during retirement, careful planning around long-term financial security is vital. In addition to decisions about the family home, separating couples should closely review pensions, savings, business assets and other retirement funds to ensure both parties are financially secure. Professional advice is crucial in navigating these challenges to avoid pitfalls that could impact future stability.

Fresh starts in later life

As the rise in grey divorce reshapes societal views on marriage, independence, and retirement, it highlights the evolving needs and priorities of later-life couples. Navigating these unique challenges, particularly decisions surrounding the family home, pensions, and savings, can be complex.

With the right guidance, couples can move forward confidently, ensuring they make informed choices that support their future. Family lawyers assisting those who are facing a divorce, with all the challenges that brings, are there to tune in to what clients are experiencing and ensure matters are handled sensitively; while similarly ensuring they give clear, pragmatic advice to help put their client in the best position to recover from the stress and cost that comes with separation.

Read more articles by Roythornes Solicitors.

About Hayley McCormack

Hayley is a partner at Roythornes Solicitors. She has been practising family law for nearly 20 years having worked for a number of top tier national firms. Hayley has extensive experience in dealing with a broad range of family issues, such as divorce, financial settlements, and issues relating to children. She has particular expertise in complex financial cases involving company and trust structures, pensions, offshore assets, and intervenors, often advising business owners, farming families, entrepreneurs, and professionals.
She collaborates with clients’ advisors to provide wealth protection solutions, including pre/post-marital and cohabitation agreements aligned with company and shareholder agreements.
A trained collaborative lawyer, Hayley offers clear, pragmatic advice tailored to achieve the best outcomes for clients and their families. While skilled in robust litigation, she prioritises cooperative, non-confrontational solutions for family disputes.
Recognised by Chambers and Legal 500, her expertise includes:
  • Divorce
  • Financial settlements
  • Pre/post-nuptial agreements
  • Cohabitation issues and agreements
  • Child-related matters, including international/domestic relocation
  • Trusts and inherited wealth
  • Pre-marriage and post-separation acquired wealth

About Roythornes Solicitors

Roythornes Solicitors is a top 150 national law firm with five strategically located offices across the Midlands and East Anglia. The firm adopts a one team ethos across all offices, with trusted advice being given by its recognised experts on a national spread. It prides itself on building longstanding relationships with clients with a high emphasis on personal connectivity. The firm’s clients include major blue-chip companies, family businesses and private individuals, based nationally and internationally.

Each client benefits from the company’s partner-led, practical approach. As well as a powerful breadth and depth of legal expertise, the team brings commercial know-how and invaluable lateral thinking to each case, drawing on a diverse range of skills and contacts.

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Divorce – It’s a Balance Between the Emotional Stress, the Cost and the Return!
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Divorce – It’s a Balance Between the Emotional Stress, the Cost and the Return!

Published on
Peter Marples
Peter Marples
Editor at The Divorce Magazine
Director at Fair Result

Many of you know I was the founder of a progressive family law practice Fair Result with my business partner Christopher Sweetman.

The practice is not apologetic that we are a challenger brand but in the past 4 years we have become a major practice in England, with unique partnerships including the Professional Footballers Association and winning countless awards, both in the UK and Internationally.

Whist a number of our clients could be seen to be ‘wealthy’, by no means all of them – indeed 75% of them are not in this category.

We have a wide spread profile of clients, representing the whole of society and we will often take on a client who has no money to fight their divorce in terms of fees. This is exactly the reason we set up the practice.

As a non-lawyer, it never ceases to amaze me how ruthless lawyers are when it comes to their fees. I was brought up to focus on my clients and the returns would ultimately follow, not think of myself first and that customers are way down the line of those we should be focussed on.

In the past four years, I have witnessed opposing clients dropped by lawyers because they can’t see a future income stream, that client engagements are paused because lawyers don’t have visibility of their fees over the next few months and a total destain for client’s emotions and challenges.

Don’t get me wrong, we need to be paid for what we do. We aren’t a charity, but there does come a point at which clients should be respected for what they are ‘those that pay the wages and the overheads’.

We set up Fair-Result to do exactly that, client first! We do have challenges with clients paying but this is always at the end of a process, and we share the risk in that as the process progresses.

There is never a week goes by in our business where we receive a call from someone that we spoke to over 2 years ago. A call which starts in the normal way. ‘Hi, its… remember me’ followed by our response that is ‘Yes, how are things’. The same line always follows – the fact that frankly nothing has progressed in the previous two years, they have spent some money, but not a lot and are now in a place where they simply don’t know what to do, and their legal advisors are not offering much in the way of solutions.

Nothing surprises us anymore.

However, in the past three weeks alone, we have received at least five calls such as this, one with £m’s in the marital pot, another with a not inconsiderable number of rental properties and a third instance where the wife (our potential client) is starved of cash and assets, despite there being considerable funds to distribute, in the form of Public Sector pensions, a marital home and some limited investments.

During my own divorce, I used to call my former wife ‘penny wise and pound foolish’. She would argue about the pennies but forget about the substance of the whole pot we were arguing about and spend endless thousands with her lawyers arguing about where I had taken the latest EasyJet flight too.

So, what is the purpose of this article? Quite simply it is to present a position that when undergoing a divorce, you are balancing up three key things:

  • Your emotions
  • The cost
  • The reward or result in terms of financials and in many cases the impact on the children.

So, if you are arguing about £50,000 or £5m the principle is the same.

You have to invest to get the result you want, or you will one of those people calling us up after two years having got nowhere.

But I hear you say, I don’t have the cash? To fight them.

Well, that is where Fair Result comes in. The ONLY fixed fee financial divorce settlement business in the UK. And guess what, you pay nothing until the financial agreement has been signed by both parties, whether it takes us 2 months or 2 years to finalise.

We share the risk with you, our aim is to minimise the emotional stress but above all it is to get you exactly what you are entitled too.

So, stop plodding on for two years, when you know you won’t get anywhere, spending £500 here and there when that is all you can afford, getting more and more wound up about your spouse’s behaviour and spending habits.

Get it closed off, sorted out and you too can move on both emotionally and financially.

As we get older, we begin to realise that life is short, the years clock off quicker than you want them too. Why spend 2 years getting nowhere when you can contact the Fair Result team, and it will cost you nothing until your divorce is sorted – absolutely nothing.

Contact Peter at peter@fair-result.co.uk 24/7 and you will be guaranteed of a response within 30 minutes. A fixed fee, set from the outset and nothing to pay until your divorce is settled.

If you can get a better offer than this contact us and we will do your divorce for absolutely nothing, irrespective of its complexity – GUARANTEED!

Read more articles by Peter Marples.

About Peter Marples

Peter Marples – Director of Fair Result and qualified accountant, with the determination to change the way divorce is transacted. For further advice on financial settlements and navigating divorce, use the contact details below:

  • Email
  • Give the team a call – 07500933818 or 0333 577 7009
  • Complete an enquiry form

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Preparing for Divorce – A Guide to Gathering the Right Paperwork
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Preparing for Divorce – A Guide to Gathering the Right Paperwork

Published on
Chris Sweetman
Chris Sweetman
Editor at The Divorce Magazine
Director at Fair Result

Preparing for a divorce can be an overwhelming process – especially when it comes to gathering the necessary paperwork. This guide will help you understand what documents you need and how to organise them effectively.

By being well-prepared, you can streamline the divorce process and potentially save time and money.

Having all your documents in order also gives you a clearer picture of your situation, which can be invaluable when making important decisions.

Financial Documents

Start by collecting all relevant financial documents. Having a clear picture of your financial situation is crucial for fair asset division and potential spousal maintenance calculations. Also, it’s important to be mindful of hidden assets. These typically include:

  • Bank statements for the past 12 months
  • Credit card statements
  • Mortgage documents or rental agreements
  • Payslips and P60 forms
  • Tax returns for the past three years
  • Pension statements
  • Investment account statements
  • Documentation of any debts or loans

Property and Asset Information

Gather documents related to your property and assets. These documents will help determine the total value of your marital assets for equitable distribution.

  • House deeds or lease agreements
  • Vehicle registration documents
  • Valuations of high-value items (e.g., jewellery, art, antiques)
  • Business ownership documents, if applicable

Personal Identification Documents

Ensure you have copies of essential personal documents. These documents may be required for various legal procedures during the divorce process.

  • Birth certificates for you and any children
  • Marriage certificate
  • Passport
  • Driving licence

Child-Related Documents

If you have children, collect the relevant paperwork. This information will be vital if child arrangements need to be determined as part of the divorce proceedings.

  • School records
  • Medical records
  • Child benefit information
  • Any existing custody or visitation agreements

Other Legal Documents

Gather any existing legal documents that may be relevant. These documents can significantly impact the divorce proceedings and outcomes.

  • Prenuptial or postnuptial agreements
  • Previous court orders or judgments
  • Separation agreements
  • Wills or trusts

Organising Your Paperwork

Once you’ve gathered all the necessary documents, it’s time to organise them effectively. Create a filing system, either physical or digital, that works for you. This might involve using folders, binders, or cloud storage solutions.

Make copies of all important papers. Keep one set for yourself and prepare another for your solicitor.

Store the originals in a secure location, such as a safe deposit box or a locked filing cabinet at home.

Consider using a spreadsheet to track and summarise financial information. This can be particularly helpful for complex financial situations.

Being organised will help you and your solicitor navigate the divorce process more efficiently. It can also reduce stress by giving you a sense of control over the situation.

Final Thoughts

Gathering the right paperwork for your divorce may seem daunting, but it’s a crucial step in ensuring a fair and smooth process. Following this guide and consulting with your solicitor will prepare you to move forward with your divorce proceedings.

Remember, thorough preparation can lead to better outcomes and potentially reduce the stress and duration of the divorce process.

While collecting and organising all these documents may take time and effort – doing so will ultimately serve you well as you navigate this challenging life transition.

If you’re unsure about any aspect of document gathering, don’t hesitate to seek advice from your solicitor. They can provide guidance specific to your situation and ensure you haven’t overlooked any crucial paperwork.

Read more articles by Fair Result.

Read more articles by Chris Sweetman.

About Chris Sweetman

Chris Sweetman is an independent family solicitor and director of Fair Result – An award-winning law office who pride themselves on using innovative ways to help clients through the stress and complications of a marriage breakdown.

Chris can be contacted on 07500933818 or via email chris@fair-result.co.uk.

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