Saracens Blog

Dividing assets after a divorce

Divorce Solicitor in London

Dividing assets is best approached as a practical experience but, inevitably, it can get emotional and difficult in some cases. This is because it is combined with the pain or strife that ended the marriage. Also, both parties may feel that their assets are linked to their future security, which can stimulate fear and high levels of emotion. Engaging a divorce solicitor in London, like Saracens Solicitors, can help to ease the stress of the process. We are committed to resolving end-of-marriage disputes as peacefully as possible, in the best interests of all parties involved.

Separation agreements take as many different forms as there are couples getting divorced. The best approach is to try and reach an agreement outside of a court setting. Many courts will not consider cases unless mediation has already been attempted.

If an agreement can be reached, this is later presented to a court and the settlement is finalised. This means that there is legal recourse if either party does not adhere to the agreement later on. Saracens Solicitors can help you with this process when we act as your divorce solicitor in London.

Considering your assets

Even if a split is relatively amicable, dividing your assets may not be as simple as splitting things down the middle according to their monetary value. You need to consider both short-term financial gain and long-term support, especially if there are children involved. Some assets are more valuable than others but that value may not be easily released in the short-term. Others may be eligible for exclusion from the settlement, depending on the circumstances. For example, inherited money that has not become part of the common marital pot may be considered a separate asset rather than a joint one. There may be more abstract financial compensations that you have a right to as well, such as future earnings or a pension.

Whatever your circumstances, our staff are experienced at sorting through the various aspects of a marital situation and checking what you are entitled to. At Saracen Solicitors, we can help you reach an agreement, or make a solid case for you in court, when we are acting as your divorce solicitor in London.

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