southgate solicitors

Untying your relationship knot

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Untying your relationship knot

We're here to help you

Send your details to us and we will call you back to take further information about your matter.

If you are looking for help with asset division our specialist solicitors can help you. In addition to office meetings, we offer remote meetings by telephone or video if preferred. To discuss your options call us 24/7 on 0208 004 0065 or email us at [email protected] 

Asset Division

Dividing assets during a divorce can be one of the most complex parts of the process, requiring careful consideration to ensure a fair and equitable outcome for both parties. 

At southgate solicitors, we specialise in navigating the intricate process of asset division, helping our clients reach agreements that respect their financial security and future wellbeing. Whether through negotiation, mediation, or court proceedings, our goal is to ensure that the division of assets is handled with fairness, precision, and with careful consideration as to the needs of any children involved. 

The division of marital assets is influenced by a multitude of factors, as outlined in the Matrimonial Causes Act 1973. These factors include each party’s earning capacity post-divorce, the standard of living enjoyed during the marriage, the length of the marriage, and the housing needs of the family. Our approach takes into consideration not just the tangible assets like property, savings, and pensions, but also the intangible elements that contribute to a person’s wellbeing post-divorce. 

What can we do

At southgate solicitors, we offer comprehensive assistance tailored to your needs throughout your asset division journey. Our team of experienced professionals understand the intricacies of family law and are dedicated to providing you with the expertise and support you need during what can be a daunting and highly emotional time.  We have Resolution members and also hold Law Society Family Law Advanced Panel Accreditation which demonstrates our knowledge, skill and expertise in this area of law. 

If you wish to read more about this area of law we have some frequently asked questions at the end of this page – feel free to scroll down to read more.

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How we work with you

Step 1 how it works southgate solicitors

Contact Us

You can either call us 24/7 on 0208 004 0065, email us at [email protected] or fill out our contact form below.

Step 2 how it works southgate solicitors

Initial Call

Our client services team will discuss details of your case during a no-obligation call to ensure that it is something we can help you with.

Step 3 how it works southgate solicitors

Strategy Meeting

A specialist solicitor will meet with you to go through your matter in detail and advise on a strategy and options.

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What our clients say

FAQs

Assets are divided based on several criteria, aiming for a fair distribution that considers the future needs and contributions of both parties. This includes evaluating earning capacities, the standard of living during the marriage, and the needs of any children of the family. 

The family home is often the most significant asset, and its treatment varies. Options include one spouse buying out the other, selling the home and sharing the proceeds, or sometimes implementing a Mesher Order, which postpones the sale until a future event, like children reaching adulthood. 

While not mandatory, mediation is highly recommended as it offers a less adversarial route to agreement. If mediation fails, the next step is typically negotiations via solicitors and if unsuccessful, applying for a financial remedy order through the courts may be necessary. 

A financial remedy order is a legally binding court order that outlines how assets and finances will be divided between divorcing parties. 

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We're here to help you

Send your details to us and we will call you back to take further information about your matter, or you can click the number below.

We're here to help you

Send your details to us and we will call you back to take further information about your matter, or you can click the number below.