Even the most amicable of divorces throw up unexpected challenges for families going through the process. Being prepared for some of these obstacles can help enormously. We have put together some of those that our clients mention to us most frequently that they wish they’d known before divorce.
A common misconception in divorce is that a financial claim cannot be made once a Decree Absolute has been granted. In reality there is no limitation period for bringing a financial claim after divorce and there have been a number of very high-profile cases recently where financial claims have been brought many years after the marriage had ended.
When a relationship breaks down, staying friends with your ex might seem an impossibility. It depends on individual circumstances and the reasons for separating, of course, but some people do manage to maintain an amicable friendship. The Duke and Duchess of York are perhaps one of the best-known couples who have remained friends despite divorcing after 10 years of marriage. Gwyneth Paltrow and Chris Martin also remain on friendly terms after they ‘consciously uncoupled’ in 2014.
Divorcing couples are becoming increasingly aware that it is in their best interests to obtain a clean break when they split up. This is to prevent any future claims on either party’s wealth or earnings and can be agreed at the time of divorce.
Most people think about divorce costs in terms of legal fees and the expenses involved in selling the family home but there are a number of hidden costs that can hit you hard if you are unprepared.
With so many couples now relying on the Bank of Mum and Dad when they set up home together, divorce throws up a whole new set of problems for parents who want to safeguard the investment they made in the early stages of the relationship.
Once an agreement is reached this should be put into a formal document to ensure that the terms of the agreement are clear, fully understood by both of you, and will protect each of you from possible further claims in the future.
Most people who come to see us for the first time are very nervous about doing so. It is a big thing to accept that your marriage has got to the stage where you feel you need legal advice about a separation.
We know how hard it is for you to come and talk to us. But remember you are not alone in how you are feeling. Everyone feels the same way.
You are not alone: almost everyone worries about legal fees. We understand that no one wants additional stress in what is an already stressful situation when you are separating or divorcing. However, investing in very the best legal advice is the best investment you can make for your future. There’s no point in you saving a little on legal costs if this means you get a smaller financial settlement.
Harrogate Family Law and managing director, Andrew Meehan have once again been recognised as leaders in the field by the top guide to the legal profession, Chambers UK.