When a marriage breaks down there are 2 main practical issues which require resolution:
Residence and contact arrangements in respect of any children
Division of the matrimonial assets and future financial provision for each spouse and the children of the family
In relation to unresolved financial issues attempts are often made to negotiate a financial settlement, so as to avoid the necessity of going to court. A matrimonial settlement would only be reached when both parties are satisfied that full disclosure of their assets and financial positions have been exchanged. You will be fully advised as to the nature and extent of your financial claims against your spouse.
A matrimonial settlement will deal with various issues including the following:-
The determination of each spouse’s interest in the family home.
Pension rights.
Division of any policies, investments, shares, etc. which may be in existence.
Maintenance for the weaker earning spouse.
The format of future divorce proceedings.
In negotiating a matrimonial settlement, we aim to ensure all decisions taken by you are fully informed. We also strive to achieve a speedy resolution of financial issues, so as to eliminate the anxiety and uncertainty you may experience regarding your financial future.