Financial Settlement on Divorce or Dissolution

When it comes to financial settlements after the breakdown of a marriage or civil partnership, we can help you to explore every avenue and get the divorce settlements you deserve.

Financial Settlements on Divorce or Dissolution

If your marriage or civil partnership has broken down there are a number of issues relating to finances that will need to be addressed.  Appointing a solicitor to assess the financial implications of a break up is a good idea.  We can help you to understand which of the many finance related court proceedings you might need to consider, and guide you every step of the way.

You could consider a consent order, where you and your partner can agree on the contents, rather than leaving it to the court to decide.  If you need the court to decide, they are able to make a variety of financial orders, and there are no differences in how they would deal with married couples or civil partners.  The financial orders include: Periodical Payments, Secured Periodical Payments, Lump Sum, Property Adjustment, Variation of Settlement, Pension Sharing. 

 The court will always first consider the welfare of any children under the age of 18.  After that they will be guided by a number of factors known as section 25 factors.

Our No-nonsense Commitment to You

As specialist lawyers, with over 20 years of experience, we are here to help you with your family law needs. If you need help with legal issues relating to children, advice around divorce, help with making a will or dealing with a loved one's estate through probate, we are here to help.

You're in safe hands

We understand that you may be going through a difficult time. We’ll give you one point of contact, an experienced lawyer that you can trust and build a relationship with.

We'll keep you informed

We know it can be stressful waiting for information. We won’t keep you waiting unnecessarily, we will always let you know about progress on your case as soon as we do.

We'll help you to understand

Legal matters can be complex, especially if it's the first time you've had to deal with them. We'll explain everything to you in simple terms and guide you through the process so that you know what's happening.

You are our priority

We don't overload our lawyers with too many clients, we keep our workload manageable so that we make sure we are available to you if you need us. If we are busy when you call, we'll always get back to you as soon as we can.

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Get in touch

When it comes to legal processes, we know how daunting things can be, that's why we offer a FREE Initial consultation, so you can talk to an expert Family Lawyer and take the right steps from the start.

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Why should I get a financial settlement?

When you get a divorce or dissolution this does not automatically terminate the ability of either party to make a claim against the assets of the marriage. These assets can be property, capital, pensions, or Income. Unless you get a court order dismissing these claims either party can make a claim right up until they remarry or die. There have been cases where parties have been divorced for considerable time and have made a claim many years later. This can be messy, expensive in legal fees and best avoided.

Every case is different when reaching a financial settlement after divorce or dissolution. Laws governing distribution of property and other assets are complex and they continuously change. There is no prescribed method for working out how to reach a settlement in these cases

What can I expect?

We will strive to achieve the fairest financial settlement for you and your family. We will protect your starting financial position, regarding accommodation and income, whilst working through the process, to prevent your husband/wife/civil partner disposing of any assets. 

We will ensure full disclosure of all assets, we’ll trace assets not disclosed, and we’ll review the valuation of any assets disclosed whilst negotiating the best settlement for you.

In some cases, we may need to appoint other experts, such as forensic accountants, tax specialists, surveyors and barristers.

What does the court consider?

There is no standard formula for calculating appropriate financial provision on divorce or dissolution. Instead, the court has a duty to consider all the circumstances of the case and to take into account a range of specific statutory factors set out in section 25 of the Matrimonial Causes Act 1973 (‘the section 25 factors’). Before considering the individual section 25 factors, the court first considers the welfare of any child(ren) of the family under the age of 18.

When considering the section 25 factors, different judges may reach a range of different solutions on identical facts, all of which would be within their judicial discretion. However, a line of cases has established a standard approach to the way the courts consider a given set of facts.

The starting point is that assets accrued during a marriage or civil partnership are divided equally, and the guiding principles applied are ”equal sharing”, ”needs” and ”compensation”.

Where possible, the court seeks to achieve a clean break between parties on divorce or dissolution, so that they are no longer financially dependent on one another.  This is known as a clean break order or a consent order.


Are there any court fees?

The court charges a fee of £255.00 to issue your application for a financial order. However, you may be entitled to an exemption or reduction to your court fees and we will explore this on your behalf.

What is a Periodical payments order?

Periodical payments orders are sometimes known as Maintenance orders.  There are two types of periodical payment orders 1) Child periodical payments, 2) Spousal periodical payments.  This order requires one party to make regular payments to the other.

What is a secured Periodical payments order?

A secure periodical payments order is similar to a periodical payments order, however the court requires the paying party to secure the amount of the periodical payments against a capital asset such as a bank account.

What is a lump sum order?

A lump sum order is used when one party is required to pay a lump sum of money to the other party.  It is commonly used where a property is involved and one party intends to stay in the house, and is therefore required to pay a lump sum to the other party.

What is a Property Adjustment Order?

A property adjustment order is a decision by the court on how the property will be dealt with.  There are a number of outcomes that the court could:
Property transfer – where the property will be transferred to one of the parties,

Sale – where the property must be sold,

Mesher Order – where the sale of a property is postponed until a trigger event, for example a child reaching the age of 18

Martin Order – where the sale of a property is postponed indefinitely, the party being granted residency is often allowed to live there for the rest of their life, or until a trigger event such as remarriage.

What is a Variation of settlement order?

Sometimes there is a need for a court order that was made in the past to be changed, and this is known as a variation of settlement.  There are many circumstances in which a variation of settlement order could be required.  An example of this could be where a periodical payments order was made and the party making the payments loses their job and is no longer able to pay.

What is a Pension sharing order?

A pension can often be a valuable financial asset.  A pension sharing order will define how the pension asset should be split in the event of a divorce or dissolution.  The court will decide what % of the pension value should be given to the other party, and vice versa.  This is then referred to as a pension credit.

What is a consent order?

This is usually used where both parties can agree on the split of assets, and do not require the court to make the decision on their behalf.  Find out more about consent orders here.

What are the Section 25 Factors?

When the court look at any financial settlements between parties their first consideration must be given to the welfare of any children under the age of 18.  After that they use the ’25 factors’ to guide their decision making.  Section 25 factors are not a formula, but a list of relevant considerations.

  • The resources available to the parties, both capital and income and extant or reasonably foreseeable.
    • The financial needs of the parties, bearing in mind:
    • their standard of living;
    • their ages and the length of the marriage; and
    • any disabilities.
  • In addition, the court must have regard to:
  • The respective contributions of each party.
  • The conduct of each party (although only in exceptional cases).
  • Any benefit either party will lose as a result of the divorce.

(Section 25, MCA 1973.)


What our clients say about us

Excellent service!
Claire Trueman – Paul and Ann November 2023

Angela has been a pleasure to deal with, through what could have been an extremely difficult time.
She has been professional and very helpful with any questions. Explaining things simply to avoid any
confusion or stress on my part. Many thanks!
Angela Lally – David June 2023

Very pleasant and understanding, did what we wished to do. Thank you!
Claire Trueman - Susan October 2022

I would definitely recommend Rucklidge Law. Their service has been to a high standard. Thank you
Angela Lally – Eklas October 2022

This story started back in 2016 when I first spoke to Jill Rucklidge about my divorce. It finally finished
April this year after 3 court appearances. Jill and her team stuck by me through thick,thin and tears .
Jill was always there to listen to me and gave me amazing advice. I can’t thank the team enough . I
would recommend Jill and the team to anyone looking for their specialist advice.
Jill Rucklidge – Dave November 2023

Thank you for everything!
Claire Trueman - Sarah January 2023

I found Claire to be very helpful. A lovely lady. A credit to your company!
Claire Trueman - Miriam November 2023

I cannot thank you enough for your care and support
Angela Lally - Vivienne – December 2022

Angela is a very good lawyer with a big heart. She always helps and tries to find a solution in very
situation. I am extremely grateful to her for her help. She was with me in a very difficult moments of
my life. She extended a helping hand to me; I will never forget it and I will always be grateful to her
for it. I recommend her 1000%.
Angela Lally – Angieszka – November 2023

Very satisfied with the service and outcome.
Claire Trueman - Russell and Kristel October 2022