When spouses separate, their finances need to be resolved.
We have the expertise to advise and assist clients to conclude
such matters. We encourage spouses to discuss matters directly,
or through mediation, with advice from us prior to any agreement
being reached.
If an agreement cannot be reached, an application through
the Courts can be made. The Court sets a timetable requiring
both spouses to complete detailed financial statements with
supporting documentation. We then liaise with you to prepare
a statement of issues, questionnaire and chronology. There
is then a first Court appointment at which a Judge will
set out an agenda for your case which will usually include
a date for a Financial Dispute Resolution appointment (FDR).
The purpose of the FDR is to see if it is possible to come
to an overall financial settlement. Frequently, this is
achieved and the Judge will then make an Order. If it is
not possible to achieve a settlement at that stage, the
Judge will fix a date for a final hearing.
The overall timescale of these proceedings can be nine
to twelve months. The vast majority of cases settle by agreement
without the need for a final hearing.
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