What do I need to think about next with regards to the financial settlement?

If you decide that you would like your solicitor to negotiate the financial aspects of your divorce on your behalf, they will usually begin by asking you to provide details of your financial circumstances. This is commonly referred to as financial disclosure.

Depending on your circumstances, you may be asked to complete a Form E or provide equivalent financial information.

Your solicitor may then exchange financial information with your spouse or their solicitor so that both parties have a clearer understanding of the financial position.

Once financial disclosure has taken place, your solicitor can advise you on your legal position and discuss the available options before negotiations begin.

Your solicitor can then negotiate with your spouse or their solicitor in an attempt to reach an agreement that works for both parties. If an agreement cannot be reached, other options may include mediation, arbitration or court proceedings.

Austin Kemp advises high net worth individuals and their spouses in cases involving complex financial arrangements, including international assets and investments. We can also advise where there are concerns about incomplete financial disclosure or disagreements about the value of assets.

For more information on this subject, please visit our Legal Library.