Whether you are protecting your wealth or negotiating for a fair settlement, English law will look to share the assets built up during the course of your marriage: property, shares, money, savings, pensions and assets.
The first step is to identify the right process for you and your ex-partner to come to an agreement and your assets, home and ongoing spousal maintenance.
It is important that both parties provide a clear picture of all assets. The family home is generally the biggest asset to be divided. It’s far more than just a property, it’s a place that will no doubt hold many happy memories, especially if your children are happy in their local school and you’ve invested a lot of time, energy and love into creating this home. The family home, or “former matrimonial home” (FMH) can stir up significant emotions.
It is important to obtain settlement concerning the former matrimonial home. Aramas Law can help negotiate what a Court would be likely to decide.
Full and Frank disclosure will help you both decide what settlement you both needs, and we can advise whether your ex-partner is being reasonable or not.
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