Financial Settlements
Legal Advice Divorce
Dividing finances after a divorce can be complex. You may need to agree on how to split property, savings, pensions, and debts. You might also be entitled to spousal maintenance or want to protect your assets with a legal order. At Rashid Solicitors, we help you understand your legal rights and work towards a fair and secure financial settlement.
Dividing finances after a divorce can be complex. You may need to agree on how to split property, savings, pensions, and debts. You might also be entitled to spousal maintenance or want to protect your assets with a legal order. At Rashid Solicitors, we help you understand your legal rights and work towards a fair and secure financial settlement.
Whether you are starting the divorce process or have already received a conditional order, it is important to get legal advice before agreeing to any financial terms.
We provide fixed-fee support so you can make decisions with confidence.
What is a financial settlement?
A financial settlement is the formal process of dividing assets, income and debts between separating spouses
or civil partners. It can include
- Who keeps the family home
- What happens to pensions and savings
- Whether maintenance should be paid
- How business interests or inheritances are treated
- Who is responsible for joint debts
If an agreement is reached, it should be made legally binding through a court-approved document known as a financial consent order. Without one, claims may remain open even after divorce.
When should I get legal advice?
We always aim to resolve matters amicably where possible, but we are prepared to
act firmly if your financial security is at risk.
What we offer
We support clients with
- Legal advice on your financial rights and entitlements
- Preparing or reviewing a financial consent order
- Advice on spousal maintenance, pension sharing and home rights
- Negotiating with the other party or their solicitor
- Representation in financial remedy proceedings if required
We explain what is covered by your fee in writing before starting, so there are no surprises.
Fixed fee for financial agreement review and advice
Service
Financial Settlement Advice
(Simple Agreement or Consent Order)
What’s included
Legal advice, document preparation, solicitor support
Fixed fee
£850
(No VAT)
Included
- Consultation with a qualified solicitor
- Review of your finances, assets, and liabilities
-
Advice on what you are entitled to and
your legal options - Drafting or review of a financial consent order
-
Correspondence with the other party’s solicitor
where applicable - Advice through to the court approval stage
Not included
-
Contested financial proceedings or
hearings (quoted separately) - Expert reports or valuations
- Advice on hidden or offshore assets
-
Ongoing negotiation or enforcement
after court approval
We will always confirm in writing what your fee covers and provide a further quote if additional work is needed.
Timelines
If both sides agree and supply full financial details, a consent order can usually be prepared, signed, and submitted to the court within four to six weeks. The court then typically takes two to four weeks
to approve the order if everything is in order.
Where there is disagreement or a need to go to court, timescales will depend on the complexity of the case and the court’s availability. We will keep you informed throughout.
Why legal advice matters
Verbal agreements or informal decisions can leave you financially exposed. Without a formal consent order, your ex-spouse can still make future claims. If you waive rights without understanding the long-term impact, you may lose access to pension income, property equity, or spousal maintenance.
We help protect your interests and provide legal clarity so you can rebuild your future securely.
Property, pensions and spousal maintenance
Every financial settlement should consider the full picture, including
- Ownership and equity in the home
- Access to pensions or future income
- Spousal maintenance (ongoing payments)
- Personal savings, inheritances or trusts
- Business interests or self-employment income
We will guide you through what can be negotiated and what the court expects.
Who will handle your case
All financial settlement cases are handled or supervised by a qualified solicitor. You will receive a written client care letter confirming who is responsible for your case, what is included in the service, and how to contact us at every stage.
Language support
We offer legal support in Bengali, Sylheti, Urdu, Hindi, Punjabi, Arabic, Somali and other languages. If you need help understanding your financial disclosure or consent order, we will ensure you receive support in the language you prefer.
how we work
Free 15 Min Consultation
24/7 Access for Urgent cases
Fixed Fees No hidden charges
Frequently asked question
Yes. If you both agree, we can draft a consent order and submit it to the court for approval. It becomes legally binding once approved.
You are not legally required to have a solicitor, but it is strongly advised. A solicitor ensures the order is fair, legally enforceable, and future-proof.
It depends on ownership, equity, and your financial needs. You may be able to sell, transfer ownership, or delay sale. We will explain your options clearly.
Yes. If there is no consent order in place, claims can remain open indefinitely. This is why a formal agreement is so important.
This is regular financial support paid by one spouse to the other after separation or divorce. It is not automatic and depends on financial need and capacity to pay.
We can advise you on how to request disclosure and what steps to take if there is evidence of non-cooperation. The court can make orders if needed.
Yes. If the court believes the agreement is unfair or unclear, it may ask for changes. We help make sure your order meets legal expectations.
Yes. Everything you share is protected by solicitor-client confidentiality. We do not share information without your consent.
Book your free 15-minute consultation
If you are going through divorce or separation and need advice about dividing finances, contact us to book your free consultation. We will explain your rights, costs, and next steps so you can move forward with confidence.
Call now or book your consultation online.
