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When you divorce or end a civil partnership, one of the most challenging and often misunderstood issues is how to sort out your finances. The thorny issue of money can turn an amicable separation into something far from that if professional advice is not sought at an early stage.
Financial Settlements: Our team will help you negotiate a fair financial settlement, ensuring your rights and interests are protected. We handle everything from property division to pension rights, providing clear and professional advice at every step.
Property Valuation: The value of property can be ascertained by an Estate Agent Valuation. We ensure that any outstanding mortgages and estimated costs of sale are deducted to determine the balance available for distribution.
Savings and Investments: Savings and investments are relatively easy to value by referencing statements or the most recent share prices. We help you understand your financial position clearly.
Pension Valuation: Pensions are complex, and the first step is to obtain a Cash Equivalent Transfer Value (CETV). This is a cash value placed on the pension benefits which can be transferred to an alternative scheme. However, other questions need to be asked to ascertain what the CETV represents, such as whether it is a defined benefit or a defined contribution (money purchase) scheme. An expert report from an actuary may be necessary to calculate how any pension will be apportioned as part of the financial settlement.
Debt Management: It is crucial to account for each party’s debt when calculating the overall financial position. If the debt was incurred for the benefit of the family, it is likely that both parties will be responsible for it, regardless of whether it was taken out in one name or joint names. If one party has incurred significant debt for personal benefit, such as funding of expensive hobbies, the Court may consider that person responsible for it. If one party brought significant debt to the marriage, it is more likely they will be responsible for it.
Our team can help you navigate the complexities of a financial settlement during a divorce or civil partnership dissolution. We provide expert advice ensuring your rights and interests are protected every step of the way.
Why choose Battens Solicitors?
✅ Expertise: Our solicitors have extensive experience in handling all aspects of financial settlements during divorce and separation, ensuring you receive the best possible advice and representation.
✅ Personalised Service: We take the time to understand your unique situation and tailor our services to meet your specific needs.
✅ Supportive Approach: We are committed to helping you navigate this difficult period with sensitivity and care.
✅ Flexibility on appointments: We understand the importance of convenience. That's why we offer remote appointments that fit your schedule. Whether you prefer to connect over the phone, virtually, or in person, our team of specialists is here to assist you.
Our Values
Collaborative
Transparent
Experienced
Nurturing
Socially responsible
“Throughout the whole unpleasant experience, I always felt fully supported by Lesley Powell. Correspondence was extremely prompt and I was kept up to date with everything as soon as it was known by yourselves. I cannot fault the way Lesley dealt with the whole matter, which at times became very frustrating for us both I think.”
“Lesley has been fantastic in helping me resolve and close a massive chapter of my life.”
“I cannot thank Battens solicitors enough, from directing me to the most appropriate solicitor to help with the matter, and the service I received. I have nothing but praise and thanks for Louise who dealt with the case in a prompt, professional and courteous manner throughout and approached the sensitive details with care and consideration. The case wouldn’t have concluded in the positive way it has had it not been for Louise and her representation for me and my views. I would return to Battens for any future help and advice needed, knowing I would be completely satisfied with the service I received.”
“I want to say a sincere thank you for your professionalism, guidance, patience and support through each stage of this. Please pass my thanks to to the team there.”
“I just wanted to thank you for all of your effort over the last 2 years. From when I first met you with a letter I couldn't understand, right through to end you have been an absolute star and kept me confident I was going to be OK. I don't think I would have trusted anyone else with getting that result. Thank you so much.”
