Family law / Financial Arrangements
Family law / Financial Arrangements
Financial Arrangements Built for Your New Beginning
Sorting out finances after a separation is a complex life moment that requires expertise and personal care. Our goal is a fair outcome that allows you to move forward with confidence and financial security.
Financial Arrangements After
Separation or Divorce
No-fault divorce offers a simpler, less confrontational way to end a marriage. At Lyons Bowe, our family law solicitors guide you through the process with clarity. We help with filing divorce applications, financial settlements and child arrangements, ensuring your rights and wellbeing are protected. With fixed-fee options and straightforward advice, our team provides supportive legal guidance across England and Wales.
LYONS BOWE ENQUIRY STRUCTURE
Your Financial Arrangement Options
Freezing Assets
If you think your partner is hiding financial assets or transferring them to a third party, we can help you to arrange a Freezing Order to freeze the movement of those assets and build a case for the courts.
Our family lawyers can help you to work out your financial position during a divorce, jargon-and-judgement-free.
Spousal Maintenance payments are made from one spouse to the other following a divorce. Spousal Maintenance payments are separate from child maintenance payments and are not an automatic right of any spouse.
Post Nuptial Agreement
A post nuptial agreement is a legal document that you sign after you’re married, to help you and your spouse figure out what happens to your belongings and money if you decide to split up. It’s a bit like a prenup, but instead of signing it before the wedding, you sign it afterwards.After the Conditional Order is granted, you can apply for the Final Order. Once issued, your marriage or civil partnership is legally dissolved. This marks the formal end of the divorce process.
LYONS BOWE ENQUIRY STRUCTURE
Your Financial Arrangement Options
Freezing Assets
If you think your partner is hiding financial assets or transferring them to a third party, we can help you to arrange a Freezing Order to freeze the movement of those assets and build a case for the courts.
Our family lawyers can help you to work out your financial position during a divorce, jargon-and-judgement-free.
Spousal Maintenance payments are made from one spouse to the other following a divorce. Spousal Maintenance payments are separate from child maintenance payments and are not an automatic right of any spouse.
Post Nuptial Agreement
A post nuptial agreement is a legal document that you sign after you’re married, to help you and your spouse figure out what happens to your belongings and money if you decide to split up. It’s a bit like a prenup, but instead of signing it before the wedding, you sign it afterwards.After the Conditional Order is granted, you can apply for the Final Order. Once issued, your marriage or civil partnership is legally dissolved. This marks the formal end of the divorce process.
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What are Financial Arrangements?
A financial arrangement is an arrangement between you and your spouse regarding your finances. For example, it may lay out how much money one spouse is due to pay the other spouse on a set basis i.e. monthly. There are different kinds of financial arrangements for different needs. For example, a child arrangement will decide how much child maintenance is paid from one spouse to the other. Our family lawyers will guide you through the financial division during divorce, addressing all relevant assets, including:
Cash, savings, investments, bonds, pensions
Assets, debts, loans, credit cards
Household contents
Any property that is owned
Can spousal maintenance be changed after divorce?
Yes, sometimes spousal maintenance (money paid by one ex-spouse to the other) can be changed after the divorce is final.Â
However, this usually depends on what the original agreement or court order said and if there has been a big change in either person’s circumstances.Â
If you want to know if spousal maintenance can be changed in your situation, it’s best to speak to one of our Family Law solicitors.
How long does it take to finalise a financial settlement?
The time it takes to sort out your finances can vary. If you and your ex-spouse can agree on a financial settlement together, it will usually be quicker. If you need the court to decide, it can take longer. It can take several months to finalise everything.Â
Lyons Bowe will work diligently to help you reach an agreement as efficiently as possible.
What can be ordered in a financial settlement?
A financial settlement can include: Pensions, assets & debts, cars, property, money (including savings), investments, stocks, shares, bonds, life insurance policies, businesses, and/or personal items.
Who has the final say on a spousal financial arrangement?
If you and your ex-spouse are unable to agree on spousal arrangements, the judge will have final say.Â
Our team of Family Law solicitors will work with you to give you an understanding of your financial position in your divorce. They’ll be able to advise how much spousal maintenance a judge would be likely to award you, or how much your ex-spouse would be awarded.
How are child support costs calculated?
Child support costs (usually called child maintenance in the UK) are typically worked out using a formula. This formula looks at the income of the parent who will be paying, how many children there are, and how often the children stay with that parent. The Child Maintenance Service (CMS) is usually involved in this.Â
If you’d like to understand how this might apply to you, you can reach out to our team of Family Law solicitors.
When is a Freezing Order granted?
A court will only grant a Freezing Order when it deems it to be necessary.Â
The following criteria need to be met for a Freezing Order to be granted: Both spouses accounts must be based in England, you must have a “cause of action” such a breach of trust or deceit, and there must be a real risk that your ex-spouse will dispose of the assets, use them up, or hide them.
