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Financial Issues Solicitors in Richmond, Surrey
A financial settlement can be tailored to a couple’s needs. It does not have to follow a set pattern. Payments of capital (known as lump sum payments), can be paid in instalments.
An agreement can be reached about the division of a pension, redundancy pay, or property to be sold in the future. Financial settlements can be flexible. Negotiating a financial settlement in divorce is a skilled and complex task. It requires full and frank disclosure on the part of both parties, to each other and to the court as part of the initial process. It is imperative to assess not only the immediate short-term impact a split will have, but also consider the longer term future needs of spouses and children.
If you are looking for advice, please do not hesitate to contact Simon Smith.
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For further information or to speak to one of our experts please call us on 020 8940 8115
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