ASK THE EXPERT – “My divorce is now final.  My ex-husband and I have agreed what we want to do with our finances.  How do we make it official?”

Alison

Each week we are taking questions from our clients and contacts.  This week Ms Durrant from Sheffield asks

“My divorce is now final.  My ex-husband and I have agreed what we want to do with our finances.  How do we make it official?”

The Head of our Family Department, Alison Gregory, replies as follows:

“If you have agreed what you want to do with your finances the next step would be to draft a Clean Break Consent Order.  A Clean Break Consent Order is an agreement which prevents your ex-partner from making any claims against your future income and/or assets, and vice versa. If you do not make a clean break consent order, claims against each other’s finances will remain open. Your current earnings and assets are not the only resource a former partner can claim against – they can also claim against your future earnings or any sudden windfall you might encounter. Pensions are also a marital asset you should seek to protect

A consent order can be filed any time after a divorce, even twenty years later. There is no time limit to protect yourself against a future claim

Even If your divorce was arranged with another solicitor, or you did it yourself, we can prepare a consent order for you.

The court will usually deal with the consent order without you having to attend court.

You can have a consent order even if you do not currently have any assets.”

At Best Solicitors, we will guide you through the steps, help you understand your rights and complete all required documents on your behalf.  Get in touch with our Family team today on 0114 3583134 or email us via our contact page.

 

Share on facebook
Share on twitter
Share on linkedin
Share on google
Share on whatsapp
Share on email
** IMPORTANT – COVID-19 **

We can confirm that our Sheffield and Barnsley offices are now open.  We are ensuring the safety and wellbeing of all our staff and clients by offering an appointment only service.

Please do not attend without firstly making an appointment.

To help us manage this we will be keeping our office doors locked so we can ensure that there is only ever one client in our reception area at any given time.  We would also ask that you attend your appointment by yourself where possible to ensure we are limiting the number of people attending at the office.

If you are unsure of what to do, please telephone our offices on 0114 358 3134.

Please note our Free Wednesday Clinic is currently suspended until further notice.

For more updates follow us on Facebook, Twitter, Instagram or LinkedIn or check out our News page.