Securing Your Share In A Divorce Financial Settlement
Getting divorced is a stressful, highly emotional time. If you are concerned that your spouse is hiding assets and/or not providing a full and frank financial disclosure so you can receive a fair financial settlement, there is extra cause for anxiety.
Achieving Fair Divorce Settlements with RVS Solicitors
At RVS Solicitors, our team of family law Solicitors, led by Rakhi Singal, are committed to ensuring our clients receive their fair share in a divorce financial settlement. We will work tenaciously and quickly to uncover hidden assets and expose any discrepancies in your spouse’s financial disclosure.
We have the skills, legal knowledge, and experience required to ensure your best interests are protected and you receive the financial settlement you need to move towards a positive future, as free as possible from monetary concerns.
Clients trust us to help them achieve what they need in their divorce because we have built our practice around making it easy for them.
As a 100% digital office, you will not be sent pages and pages of documents unless absolutely necessary. We also provide a client portal, so you can view how your case is progressing in your own time.
Finally, Rakhi is a member of Resolution; an organisation committed to settling family law disputes respectfully and encouraging positive communication from all sides.
Frequently Asked Questions (FAQS)
How does the Court decide is a fair financial settlement in a divorce?
When deciding how to share matrimonial property and assets in a divorce, the Court must consider the factors set out in section 25 of the Matrimonial Causes Act 1973. These include (but are not limited to):
- the age of the spouses and the duration of the marriage
- the contributions (both financial and non-financial) made by each spouse
- the needs of any children
- any disabilities suffered by one or both spouses
- the future earning abilities of each spouse
Although the starting point in a financial settlement is equal sharing of matrimonial assets, this can and often is moved away from to ensure a fair financial settlement.
What can I do if I believe my spouse is hiding assets?
If you believe your spouse has not made a full and frank financial disclosure, Rakhi and her team will engage forensic accountants to track down any hidden assets and/or cash. We can pick apart complex corporate structures and trusts to establish your spouse’s true financial position.
What is a Freezing Order?
A Freezing Order (formerly termed a Mareva injunction or order) is an interim injunction which stops someone from disposing or dealing with assets. Dubbed the “nuclear weapon” in family law, a Freezing Order can protect assets, especially in high-net-worth divorce cases, where wealth may be dispersed amongst several corporate entities and trusts across several jurisdictions.
How can I get a Freezing Order?
To obtain a Freezing Order, you need to apply to the Court. Our Solicitors can make the application for you, which can be done without notifying your spouse. Because of the effect they have not only on the person subject to the order, but third parties dealing with the assets, a very persuasive case must be made to the Court for a Freezing Order to be granted. Not only can we draft a strong application and collate all the necessary supporting evidence, but we also have relationships with some of the best family law barristers in the UK who we can instruct on your behalf.
If you suspect your spouse may be hiding assets, please contact us for detailed advice on how to protect your interests and secure your fair share in a financial settlement.