The trusted lawyers for financial disputes
Should financial disputes arise when you are parting ways, MRG Solicitors and our experienced family lawyers can offer legal advice and ensure the fair distribution of assets. Contact our teams in Manchester and London to discuss your situation in detail.
Overcoming financial challenges in divorce
Financial disputes might occur when distributing financial assets, including property and pensions, while finalising your divorce or separation. You’ll need to divide finances under your names and anything that's considered marital property, even if only one partner has ownership. These types of disputes can often be complex and tedious as both parties attempt to prove their point, which can have an impact on you mentally and emotionally.
Our lawyers aim to limit this, standing by your side and making an effort to settle agreements at an early stage, even if we issue court proceedings. We share practical advice and often suggest out-of-court settlements to resolve conflicts whenever possible. Should the matter go to court, we’ll represent you without bias and ensure that you’re designated lawyer fights for a just and fair division of assets.
If you cannot mutually agree upon the division of assets, you may seek legal consultation. Your options include:
Mediation
Solicitor negotiation
Arbitration
Court orders
If you find the distribution of marital assets challenging, you can consult our family law specialists. We will try to resolve the dispute at an early stage via negotiation to prevent financial disputes from becoming prolonged and costly.
The judge will assess different aspects of your finances and your current family expenses. Several factors determine the final decision. These include:
Age of both parties
Individual ownership of financial assets and properties (in the UK and overseas)
Current income and earning capabilities of the parties
Financial needs and requirements of your children
The duration of the civil partnership or marriage
Cost of living and current expenses based on living standards and lifestyle choices
The number of financial contributions each partner offers
In short, the court aims to distribute financial assets fairly so that both parties can lead separate lives without significant financial ties. A judge focuses on your children to ensure the child's best interests are preserved.
In addition to invaluable support and guidance, our legal advisors simplify the process by answering your queries and addressing your concerns. We have a wealth of experience in representing high-worth clients to ensure you’re not left out of pocket, looking to the more cost-effective and less distressing resolutions for everyone involved. Once you reach a mutual settlement, MRG Solicitors will draft a consent order. It will cover the terms and condition of your settlement and request the court for grant approval. This will cover the distribution of:
Finances in the form of current savings and investments
Real estate properties in the UK and abroad
Pension funds
How much financial support the parent with primary care will need for child maintenance
“Friendly, well-mannered staff and explain everything in detail.”
- Farah
Discuss a financial dispute with MRG Solicitors on 01615 299777
Rest assured, our legal team value your time and personal interests from the moment you call.