If you are getting a divorce or dissolving a civil partnership, resolving the financial situation is often the most complex issue and might involve the family home, pension funds, trusts, a family business or assets overseas.
The divorce will deal with marital separation but it is also important to agree a legally-binding financial settlement as part of the process to avoid any future claims by either party.
A Consent Order is an agreement between separating parties that covers how all asset types will be divided. It usually includes property, pensions and trusts, and also covers spouse and child maintenance. Inheritance is also included but future claims are usually removed.
The Consent Order is a legally binding document which should be drawn up by a Solicitor to be sealed in court. Once drafted, the Order is signed by both parties after financial disclosure, and then submitted for review and approval by a Judge. The Consent Order is made effective once the Decree Absolute has been made.
asb law offers a standard fixed-fee Consent Order package for straightforward situations and an enhanced package where financial settlements are more complicated. For details of both our standard and enhanced consent order, please see below:
For more information on divorce and to start a conversation on how we can help you please contact Mark Rennie, Partner, Family.