Divorce Finance Tips

When you strip out the emotions, divorce settlements are all about money.  In modern times it is rare for either party to recover their costs from the other side, so it is vital that you do not spend all of your money on lawyers.  Our top divorce finance tips for saving you money, while still getting the job done, are:

1. Most costs are spent in obtaining financial documentation.  The easiest way to save money is to get the information yourself.  Obtain a financial questionnaire and using it to collate financial documentation needed for your case.

2. Where you remain on speaking terms with your former partner/spouse you should try and discuss the matter with them to see how much room there is for an amicable settlement.  Before you do this you should have a preliminary discussion with a lawyer to check where you stand.

3. Focus on what is important to you and consider what you are prepared to compromise on to get it.  Far too many people spend thousands of pounds arguing over unimportant items just so they feel they have "won", when in reality everybody loses.

4. Even if you agree financial settlement it will need to be formalised by the court, otherwise you are not protected.

5. If discussions are not working then we say go to court and get a judge to make the decision, rather than waste time, money and emotional energy getting nowhere.

We are here to help 24 hours a day 365 days a year.  Either e-mail us anytime, call (01296) 662770 (Nick) or (01525) 373322 (Richard) during the normal working day or (07973) 424178 in an emergency.