A divorce can be a stressful time for all those involved, both directly and indirectly. Apart from having to cope with the emotional pressures resulting from a marriage breaking up, there are also major financial implications.
At The Orchard Practice we are here to help manage and minimise the financial stress so that you can look forward to your future feeling positive and secure.
We will get to know you, your circumstances and your financial position, listening to what you want and need to achieve and ideally how you would like to achieve it.
Some of the key areas we can help are:
Pensions – the court may order that pensions are taken into consideration. This could be via a pension sharing order, earmarking or offsetting. This may lead to a requirement for a new pension to be set up and managed all of which we will help you with. We will review your pension and retirement provisions with you to ensure you are still able to retire when you want and with a level of income that you want.
Mortgages – you may have to make changes to your mortgage so that it is now in your sole name or even take out a new mortgage. We will manage the process for you so that it happens smoothly and efficiently.
Maintenance – you may have to pay or be entitled to maintenance payments from your ex partner. We will discuss this with you and ensure that the payments can continue to be made should something unforeseen happen to the payer e.g. illness, death.
Wealth management – you may receive a lump sum or certain assets during the settlement. We can help invest and manage this with you to help you achieve your goals, whether that be for long term growth, to provide you with an income or a combination of the two.
Whatever of the above you need help with, rest assured that you are not alone. We will deal with all the financial planning issues so that you can focus on what is important to you.