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Family law money matters
We offer flexible pricing with Family Solicitor fees starting from £180 per hour including VAT.
Your financial agreements should be formalised in a Court Order, only then is the agreement binding and if one person defaults on any part of the agreement, steps can be taken to enforce the Court Order.
The Court always retains the power to approve the Court Order or not. The Court is not there just to ‘rubber stamp’ a financial agreement, it has to ensure that it is fair and reasonable taking into account all the circumstances of your case.
How do I resolve money matters?
You should consider Family Mediation first, or our Family Solicitors can guide you through the process and negotiate a financial agreement on your behalf.
What factors does the court consider?
The law in England & Wales concerning financial disputes is discretionary and therefore uncertain. Each case is dealt with on its own facts with first consideration always given to the welfare of any minor children.
The Court will also consider:
- the income, earning capacity, property and other financial resources each person has or is likely to have in the future
- the financial needs, obligations and responsibilities that each person has or is likely to have in the future
- the age of each person and the duration of the relationship (the Court generally take into account periods of living together)
- any physical or mental disability of either person
- the contributions each person has made or is likely to make to the welfare of the family
- the conduct of the individuals involved (in exceptional circumstances)
- the value of any benefits that either person has lost because of the separation
When applying the above factors the Court's first priority is to meet each person's needs. Only then will the Court entertain more complex arguments in relation to how assets were acquired and whether they should be treated as matrimonial property or not.
How long does the process take?
This depends on a number of factors for example, whether you have been able to reach an agreement in Family Mediation or whether financial proceedings are contested through the Courts.
As a general rule Court proceedings can take 12-18 months whereas negotiated settlements can be reached relatively quickly.
Our experienced Family Solicitors and legal specialists can guide you through each step of the process. We pride ourselves in providing a commercial ‘no nonsense’ approach with the aim of keeping costs proportionate to your case.
About Co-op Legal Services
The family law team at Co-op Legal Services includes specialist Family Solicitors, Divorce Solicitors and Children Law Solicitors with Resolution accreditation and accredited experts in child abduction, co-habitation, domestic abuse, property disputes, high net worth money matters and financial advocacy.
Resolution is a national organisation of Family Lawyers committed to non-confrontational divorce, separation and other family problems.
Co-op Legal Services has over 600 staff working in different businesses with offices in Manchester, Bristol, Stratford-upon-Avon, Sheffield and London.
As part of the Co-op Group, our values of openness, honesty, social responsibility and caring for others are core to the service we provide.