Tuesday, 24 April 2012

DIY Divorces

In these increasingly cost conscious times, it is no surprise that more and more couples are choosing to tackle their divorce themselves rather than consult solicitors. However, seeking some specialist Family Law advice early on can help to avoid some of the common pit falls in divorce and financial proceedings.

For example, did you know that even if you reach an agreement with your spouse regarding the division of your assets it will not be final and binding until it is embodied in an order of the court? Or that if you obtain a divorce and then re-marry without first having made an application for a financial order against you former spouse, you may lose your right to do so for all time?

Contrary to popular belief, not all divorces are expensive. In fact, in the majority of the cases we handle, agreements are reached without the need for costly and stressful court battles.

The court’s approach to the division of assets on divorce is discretionary and there is no fixed formula which sets out what each party should receive. It is important therefore to seek divorce advice from a specialist Family Law solicitor as the earliest opportunity, regardless of the value of your assets.

For more divorce advice follow our family law blog or follow us on Twitter@Divorce_experts.

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