Application for financial orders
At Lodders, our specialist divorce solicitors based in Birmingham and Stratford upon Avon understand that the division of financial arrangements during divorce is a significant element of the divorce process, the result of which will have an impact on your present and your future.
The division of financial arrangements on divorce is dealt with by the Matrimonial Causes Act 1973, which enables the Court to make far-reaching Orders in relation to the income and assets of divorcing couples.
The Court can order maintenance on an interim basis as soon as the Divorce Petition is issued, can transfer money, investments and property from one party to another, and can divide up pensions between divorcing spouses.
In deciding on a fair and equitable division of assets, the Court has to consider a number of factors, to include the age and health of the parties, the length of the marriage and any prior cohabitation, their foreseeable needs and those of any minor children of the family, amongst various other matters.
How can we help?
Lodders offer advice in relation to this very significant element of divorce; the Final Order in relation to financial settlement can rarely be revisited, it is important to work with a solicitor who you trust and who you feel can offer you a supportive and efficient service. Lodders’ expert family solicitors aim to achieve the best result possible for your future.