Financial Disclosure

Financial Disclosure Solicitor Cheshire, Manchester, Altrincham, Lymm, Knutsford & Wilmslow

What information do I have to provide?

In deciding what constitutes a fair and reasonable outcome financial information is required. This is necessary to define all of the assets that form part of the matrimonial pot and fall to be divided to include:

  • business interests
  • liabilities
  • income
  • Outgoings
  • Pension provision

On occasions independent expert evidence is required. This commonly relates to the value family home or other properties, business valuations and pensions. In certain circumstances tax advice is also required.

Once the make-up of the matrimonial pot is defined, the parties can start to negotiate a financial settlement.

What decision will the court make?

The factors that the court take into account when considering what constitutes a fair and reasonable settlement are as follows:

  • the welfare of any minor children
  • income, earning capacity, assets and financial resources
  • financial needs, obligations and responsibilities
  • standard of living
  • age of each party and the length of the marriage
  • health of each party
  • contributions (financial and non-financial)
  • conduct
  • loss of certain rights

Contact Lindsay Jones Specialist Family Solicitor Cheshire, Manchester, Altrincham, Lymm, Knutsford & Wilmslow

For expert family law advice on financial arrangements during divorce please please complete the online contact form or telephone 0161 710 2030 or 07917711887 out of working hours

Christmas availability

Please note my availability over the festive period will be limited from close of business on Friday 23rd December, until Tuesday 3rd January 2023. I will be working to progress all current cases until then and wish my clients a very happy Christmas and New Year.