Divorce can be a challenging and emotional process, especially when it comes to understanding and managing your financial situation. At Greene & Greene, our family team are here to provide you with the guidance and support you need to navigate these complexities. Below, we address some of the most common financial questions our clients have during divorce proceedings.
- I want to get divorced, but I don’t know anything about our financial position.
The first step in resolving financial matters during a divorce is to ensure full financial disclosure from both parties. This transparency allows you to gain a clear understanding of your overall financial position, enabling us to advise you on a fair division of assets. Our team will guide you through this process, ensuring that all necessary information is disclosed and considered.
- What if my partner tries to sell property and assets before we are divorced?
If you are concerned that your partner may attempt to dispose of assets before the divorce is finalised, there are several steps we can take to protect your interests. One such measure is applying for a Freezing Order, which can prevent the sale or transfer of assets. We will advise you on the appropriate actions to take based on your specific situation.
- I have run out of money to meet my living expenses, what can I do?
Running out of money to cover living expenses during a divorce can be distressing. It may be possible to secure interim payments from your spouse to help you meet your needs while we work on the long-term financial arrangements. Our team will assess your situation and provide you with the necessary advice to secure these payments.
- My spouse has threatened to throw me out, what can I do?
If your spouse has threatened to evict you from your home, there are legal steps we can take to prevent this from happening. In some cases, it may be necessary to obtain an urgent Order from the court to protect your rights. We will guide you through this process and ensure that you are fully informed of your options.
- I have run out of money to pay my legal fees. Will you still be able to help me?
We understand that legal fees can be a significant concern during a divorce. There are various options available to help you fund your legal costs. In some cases, we can secure a contribution from your spouse or ex-partner. Additionally, we have connections with litigation funders who can provide financial assistance. We will discuss these options with you and find the best solution for your circumstances.
Our team’s priority is to support you through every step of your divorce, ensuring that your financial interests are protected. If you have any further questions or need personalised advice, please contact Melanie Pilmer, Partner or another member of the family team.
