Your Assets in a Divorce
Dividing assets during a divorce is often one of the most complex and contested issues. This is because the Court has a wide discretion in deciding how assets should be shared.
Where there are dependent children under 18, their needs will take priority and heavily influence how the Court decides to divide the matrimonial assets.
Your Finances in a Divorce
At Capital One Law Solicitors, our divorce solicitors are highly skilled at negotiating financial settlements and resolving disputes, including the division of:
- Savings and investments
- Property and assets
- Pensions and other long-term financial interests
- The family home
How Are Assets Divided in a Divorce?
The Court considers several factors when dividing assets, as set out under Section 25 of the Matrimonial Causes Act. These include:
- The income, earning capacity, property, and other financial resources each party has or is likely to have in the future.
- The financial needs, obligations, and responsibilities of each party.
- The standard of living enjoyed by the family before the marriage broke down.
- The age of each party and the length of the marriage.
- Any physical or mental disability of either party.
- The contributions made by each party to the welfare of the family, including caring for the home or children.
- The value of any benefits (such as pensions) that either party will lose as a result of the divorce.
At Capital One Law Solicitors, our divorce solicitorsΒ guide you through these considerations carefully, ensuring you receive clear, realistic advice tailored to your circumstances. Our focus is on achieving a fair and sustainable outcome for you and your family.
Dividing Assets in a Divorce
Sorting out finances during a divorce can be one of the most challenging and contested parts of the process. The Court has wide discretion when deciding how assets are divided, and if there are children under 18, their needs will take priority.
How the Court Decides
Under Section 25 of the Matrimonial Causes Act, the Court will consider:
- The income, earning capacity, property, and other resources each party has or is likely to have
- The financial needs, obligations, and responsibilities of each party
- The standard of living enjoyed before the breakdown of the marriage
- The age of each party and the length of the marriage
- Any physical or mental disabilities
- The contributions made to the family, including caring for the home or children
- The value of benefits (such as pensions) that may be lost because of the divorce
Our Approach
We combine legal expertise with sensitivity to guide you through every step, aiming for practical solutions that minimise conflict and legal costs. Our focus is always on securing a fair and sustainable settlement that protects your future β and, where children are involved, puts their needs first.
π Contact us today for clear, realistic advice about your financial settlement
π¬ Take the Next Step
Divorce and financial settlements can feel overwhelming β but you donβt have to face them alone.
π Contact us today for confidential consultation with one of our specialist solicitors.