If you’re in the process of a divorce, splitting assets is one of the most significant potential points of contention in the process.

When you’re splitting assets in a divorce in the UK, there are a lot of factors to consider.  It will also depend on your individual circumstances.

That could be your earnings, the assets you own, whether there are any children involved in the relationship, and many other factors.

To be connected to a specialist divorce solicitor near to where you live, please either call us now on 0845 1391399 or complete a Free Online Enquiry.

How Do You Begin Dividing Assets In Divorce In The UK?

The first thing to know is that the starting point for the division of assets upon divorce in the UK is for everything to be split equally – 50/50.

But it’s worth knowing that the financial settlement is likely to be different in every case.

That’s because the settlement will depend on each person’s circumstances and their needs when it comes to the matrimonial assets.  This means one party could have a greater share of the assets than the other.

Matrimonial assets include things such as:

• Property
• Pensions
• Investments
• Savings and finances

It’s worth noting that property specifically refers to property built up during the marriage and doesn’t include anything via gift or inheritance.

Essentially, the rule is that if the asset can be attributed to having achieved financial gain because of the endeavour of both people in the marriage, then it’s classed as a matrimonial asset.

The two most significant assets will likely be the matrimonial home (i.e. the home that they lived in while married) and any pensions.

So, How Do Courts Decide How To Split Assets in Divorce?

There are a lot of considerations for the court to take when dealing with the division of assets in a divorce.

First things first, they must take into account the Matrimonial Causes Act 1973 and the Civil Partnership Act 2004.

These laws include:

• The income, earning capacity, property, and other financial resources which both parties have and are likely to have in the foreseeable future
• The financial responsibilities and requirements of both parties, including any that they are likely to face in the foreseeable future
• The standard of living enjoyed by the entire family before the breakdown of the relationship
• The age of both parties in the marriage and how long they have been married for
• Any disability, whether physical or mental, of either partner
• The contributions which both people have made or are likely to make towards the welfare of the family – this includes financial AND looking after the home, caring for the family etc.
• The conduct of both partners
• The value to which both people will lose of any benefit or asset, such as losing the chance to acquire a pension or investment

What If One Partner Isn’t Able To Work?

It’s worth noting that the onus is on each party to maximise their income to ensure they’re not relying on the other if they can to be self-reliant, whether that’s completely or in part.

There are times, however, when one of the parties in the marriage might not be able to work.  This could be due to caring for young children, for those with disabilities, or due to health complications.

If they don’t have an earning capacity, this is likely to cause financial problems such as not being able to afford a mortgage.

It’s also worth noting that the court can order that a property that is jointly owned can be transferred to sole ownership by either party.

It could be that one person buys the other person out of the mortgage.  Even if the money isn’t due to be paid for several years.

Or, it might be that the children need the house while they are still minors.

In this case, if the parent that has care of the children can afford to maintain the property, including the mortgage, then the court will preserve the property.

That means the other parent will have to wait until the children are adults for their share of the property.

Get Connected With A Specialist Family Solicitor Near Me Now!

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To be connected to a specialist divorce solicitor near to where you live, please either call us now on 0845 1391399 or complete a Free Online Enquiry.

Are You Looking For Divorce Solicitors Near Me? We can connect you to expert divorce law solicitors near to where you live or work.

If you are facing a divorce or separation, it is always recommended that you speak to a family law solicitor for expert divorce advice. This is not only to ensure that your rights are protected, but also to help you through the process as quickly and easily as possible. Quite often, involving a legal expert means that issues will be resolved with undue acrimony. This is a particular advantage if there are children involved.

At Solicitors Near Me, we will put you in touch with genuine divorce experts who will be able to work with you to achieve the outcome you want for yourself and your family. Using a local divorce solicitor is often beneficial, meaning you can go in to their offices if necessary to drop off documents or sign papers.

Need help finding divorce law solicitors near me?

Solicitors Near Me can connect you free of charge and without obligation to specialist divorce law solicitors near to where you live. Set up by a former solicitor, our service will put you in touch with the right divorce solicitor for your needs. We understand how hard it is to find good quality legal advice combined with outstanding service, which is why we have hand-picked legal experts whom we know will deliver.

To be connected to an expert divorce law solicitor near to where you live, please either call us now on 0845 1391399 or complete a Free Online Enquiry.

Divorce Law Solicitors – Solicitors Near Me For Divorce Law UK

Our divorce law experts deal with a full range of divorce, separation and connected issues, including the following:

• Divorce
• Dissolution of a civil partnership
• Separation Agtreements
• Financial issues
• Children
• Prenup agreements
• Postnup agreements
• Mediation
• Prohibited steps orders
• Specific issue orders
• Cohabitation agreements
• Adoption
• Care proceedings
• Child abduction
• LGBTQ+ family law issues

Where Are Your Divorce Law Solicitors?

We operate across the UK, with specialist divorce solicitors in England, Ireland, Northern Ireland, Scotland and Wales on our books.

How Much Does Our Find A Divorce Law Solicitor Near Me Service Cost?

Our service will connect you with a divorce legal expert completely free of charge and without any obligation. Once we have put you together with a local divorce solicitor, you will have the opportunity to see if they are the right fit for your needs. At that point, you can make the decision whether to engage them or not. If you decide not to go ahead, there is no cost. Only once you ask them to represent you will you take on any liability.

Why Do I Need A Divorce Solicitor?

An experienced divorce solicitor will be able to guide you through the process ensuring no steps are missed. It is often recommended that you follow a certain order in dealing with the matters arising in a divorce. For example, you may be advised to reach agreement over financial arrangements before finalising the divorce or dissolution.

If you take professional divorce advice, you can be sure that you will not inadvertently damage your case or give up rights that you wish to enforce.
It is also the case that involving a solicitor can push the process along much faster and reduce the animosity so that you can settle issues and move on with your life more quickly.

Financial arrangements in divorce

Separating your finances often causes anxiety as you work out what you are entitled to and what you can realistically claim. The law aims to split assets fairly between you so that you both have reasonable provision going forward. For example, if a home is involved and one party receives this, then the other party is likely to have more of the other available assets by way of compensation. This could include savings, pension provision and investments.

The courts prefer that couples reach agreement between themselves. If this does not prove possible, then along with divorce advice, your solicitor can guide you through mediation. A trained and neutral mediator will work with your and your ex to help you try and find a solution that you can both agree upon so that you do not need to go to court.

Arrangements for children in divorce

Making new arrangements for children following separation or divorce is often the hardest part of the process. Again, a divorce solicitor will be able to guide you through the process and if necessary, make suggestions as to how you can share time with your children.

It is generally recommended that a schedule of arrangements be set out, so that everyone knows what to expect. Once you reach agreement, your solicitor can arrange for this to be sealed by the court into a formal and legally binding order.

If agreement cannot be reached, you will generally be required to attend mediation before you start court proceedings.

Is free legal advice UK available for family law issues?

Depending on your circumstances, you may be eligible for Legal Aid for some elements of family law help.

Our service to you in connecting you with the right solicitor who can give you expert divorce advice and guidance is free of charge. Some law firms may offer a free initial consultation.

Solicitors Near Me Who Deal With Divorce Law

We can put you in touch with local divorce solicitors who will be able to start work on your behalf straight away, advising you of the steps you will need to take and starting to put together the documentation that will be necessary.

Contact With A Divorce Law Solicitor Near Me UK Now!

To contact an expert divorce law solicitor near to where you live, please either call us now on 0845 1391399 or complete a Free Online Enquiry.

Who are the best solicitors for divorce? This is a tricky question to answer, as there are many divorce lawyers around the country, and many of them deliver an excellent service to their clients.

But if you are facing a divorce, this may not be much help to you. It is likely that you will be overwhelmed with choice and will not know which law firm or divorce lawyer to pick.

If so, there are a number of things you can do.

Personal recommendations

Firstly, you could ask around your friends and family members to see if they have any personal recommendations. A high percentage of marriages in the UK breakdown, so it is likely that you will know someone (or know someone who knows someone) who has been through a divorce. If so, they may have had a positive experience with their divorce lawyer and can refer you on.

Research

Secondly, you could conduct your own research, which is easiest done online. Look for law firms which have a dedicated family law team, as this will ensure that they have the knowledge and expertise to handle all aspects of your divorce, including the financial settlement and any child care arrangements that need to be made.

Lots of specialist family law solicitors will be a member of the Law Society’s Family Law Accreditation Scheme. If you are not sure whether the solicitor you are considering has this accreditation, you can always check the Law Society’s website which has a comprehensive list of members.

Ask us

Thirdly, you could use an online ‘find a solicitor’ tool, which is where we come in. It works like this – you fill out the free enquiry form, in which you include your name, your location and a brief summary of your legal matter. We will then connect you with the best solicitors for divorce in your local area. It’s as easy as that.

You may have your reservations about the cost and the quality of the solicitors we recommend. However, you need not worry about either of these things.

As for cost, there isn’t any. We provide this service completely free of charge. We know how stressful it is to go through a divorce, and we want to help you get the legal expertise you need. Even if you do not pursue your divorce, or you choose a different solicitor, we still will not charge you a penny.

And as for the quality of the solicitors we recommend, you can rest assured that we only work with the best divorce solicitors across the country. We will then match you with those that are located in your local area, and that are best suited to you and your particular set of circumstances.

Find a solicitor today

To find a divorce lawyer, all you need to do is fill in our free online enquiry form and wait for us to do the work. If you would like more information first, please do not hesitate to contact us.