Financial Settlements
Cheltenham financial settlements solicitors
At Pembridge Solicitors, we advise individuals in Cheltenham on financial settlements following divorce or separation. Our role is to help you understand how finances are addressed when a relationship ends and to guide you through the process with clear, practical advice.
Financial settlements can raise concerns about property, savings, pensions and future security. Many people are unsure what is considered fair, what must be disclosed, or how agreements are reached. We explain how the law approaches financial settlements and what steps are involved, allowing you to make informed decisions with clarity and confidence.
Whether matters can be resolved by agreement or require formal steps, we take a measured and professional approach tailored to your circumstances.
What are financial settlements?
A financial settlement deals with how finances are divided following divorce or separation. This can include property, savings, pensions, investments and other assets, as well as ongoing financial responsibilities where relevant.
There is no automatic or fixed formula for dividing finances. Each case is assessed on its own circumstances, taking into account factors such as needs, contributions and future requirements. Our solicitors advise you on how financial settlements are approached in practice and what may be relevant in your situation.
The financial settlement process explained
Financial settlements usually begin with full and open financial disclosure. This allows both parties to understand the overall financial position before discussions take place. Once disclosure is complete, options for reaching an agreement can be explored.
In many cases, settlements are reached through negotiation without the need for court proceedings. Where agreement is reached, it can be recorded formally to provide certainty and finality. If agreement cannot be reached, court proceedings may be required to resolve matters.
Your solicitor will explain each stage clearly, advise you on what is required, and ensure the process progresses appropriately.
How we manage financial settlement matters
Once instructed, your solicitor will guide you through the financial settlement process, ensuring that disclosure is handled properly and that discussions are focused, proportionate and realistic.
Where agreement is possible, we aim to resolve matters efficiently and avoid unnecessary conflict. Where difficulties arise, we will advise you clearly on the options available and the appropriate steps to take, always keeping your position and future security in focus.
When court involvement may be required
Many financial settlements are resolved without court involvement. However, court proceedings may be necessary where agreement cannot be reached or where disclosure or cooperation is lacking.
If court involvement becomes necessary, your solicitor will explain what to expect, how decisions are made, and how the court approaches financial settlements. We will support you throughout the process and ensure you are kept informed at every stage.
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Clear, confidential advice on financial settlements. Speak to an experienced solicitor to understand your options and next steps.
Common questions about financial settlements
Clients often raise similar questions when dealing with financial matters following separation. Below are answers to some of the most common concerns we are asked.
How is a fair financial settlement decided?
A fair financial settlement depends on the individual circumstances of the case. The law considers a range of factors, including financial needs, available resources, contributions made during the relationship, and future requirements.
There is no fixed outcome, and fairness will look different from case to case. Advice can help you understand how these factors may apply to your situation and what outcomes may be realistic.
Do all assets have to be shared?
Not necessarily. Some assets may be treated differently depending on how and when they were acquired and how they were used during the relationship.
Full disclosure is required so that the overall position can be assessed properly. A solicitor can advise you on how different assets may be approached and what is likely to be considered relevant.
Are pensions included in a financial settlement?
Yes, pensions are often an important part of a financial settlement and should not be overlooked. They can be dealt with in different ways depending on the circumstances.
Advice is important to ensure pensions are considered appropriately and that any long-term implications are understood before an agreement is reached.
What if my former partner is not being open about finances?
If there are concerns about incomplete or inaccurate disclosure, there are steps that can be taken to address this. The financial settlement process relies on transparency, and a lack of disclosure can be challenged.
Legal advice can help you understand how to deal with this situation and what options may be available to ensure matters are handled properly.
Can a financial settlement be finalised without going to court?
Yes. Many financial settlements are agreed without court proceedings. However, even where agreement is reached, it is usually advisable to record the settlement formally to provide certainty and prevent future claims.
Where we serve
Our financial settlement solicitors advise clients across Cheltenham, Gloucester and Tewkesbury, as well as the surrounding areas. Advice can be provided both in person and remotely, allowing matters to progress without unnecessary delay.
Speak to financial settlement solicitors in Cheltenham
If you need advice on financial settlements following divorce or separation, our solicitors are here to help. We provide clear, practical guidance with discretion and professionalism.
To speak to one of our financial settlement solicitors, call 0330 900 0377 or contact us online to arrange a confidential consultation.
How to Find Us
Pembridge Solicitors
Calderwood House
Montpellier Parade
Cheltenham
GL50 1UA