McKenzie Friend Service

McKenzie Friend for Financial Settlements After Divorce

Worried about how to divide finances fairly after divorce or separation?

 

Whether it’s about dividing the family home, pensions, child maintenance, or business assets, at McKenzie Friend Service, we make financial settlements simple, affordable, and fair.

With our help, you’ll be fully prepared for each step of the process—from filing your application to handling the Final Hearing, if necessary. We’re here to make sure you feel confident, prepared, and supported throughout.

 

We help you get:

 

  1. Affordable guidance without the solicitor fees.
  2. Clear advice on complex financial laws in England & Wales.
  3. Support for fair outcomes that respect both parties.

 

Free 30-Min Consultation Available ↓

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    Testimonial

    Hundreds of 5-Star Reviews, Thousands Saved

    With over 300 five-star reviews across Google, Facebook, and “Find a McKenzie Friend,”
    we’re proud to be the top-rated McKenzie Friends for family law in the UK. Real stories, real results—See how we’ve
    helped families like yours.

    “When I needed sound advice on my court case and how to prepare my evidence my nerves where immediately put at ease. Your member of staff went out of his way to help and advise me accordingly using his knowledge and experience in this area. A credit to the McKenzie Friends”

    Scott Casewell

    "The service is first class and exceptionally professional. The legal team put the needs of the client before anything else. A truly 5 star service and experience!!”




    Deanna Keene

    “Very helpful and put my mind at rest. Gave good insight to proceedings and was able to advise and answer all of my questions. Would definitely recommend to others who need advice and guidance in these areas.”



    Sam Wilson

    “I would recommend McKenzie Friend. They been amazing so far with sorting out my form and especially helping me with the appealing to get my children back home. They always try to help in the best way they can and thank you so much and appreciate what you done so far.”

    Kelly Frazer Dixon

    “Very personable. Made me feel at ease and I came away from the meeting with a better understanding of my situation. If your looking for some advice or support with navigating the Family Court legal system I would highly recommend McKenzie Friend “


    Ian Kieran

    “After speaking to Preenay Chohan yeaterday my situation was made a lot clearer. He has given me some options to consider to go forward, in what I can only describe as an horrendous situation I have found myself in. He was understanding & compassionate. I will not hesitate to get back in touch if & when I need to clarify anything.”

    Paolo Bissolati

    “Fantastic guy great advice and service been a true friend aswel. Made the whole journey simple and clear to get through felt supported start to end. Genuinely don’t know how I would have got through it without him. Thank you!”



    Pete Rowley

    “I am so grateful for all the support and advice I was given throughout my case. The service I was provided was over and above my expectations. Approachable and professional throughout. Compared to using solicitors/barristers I have saved a lot of money and I would highly recommend using this service.”

    Tara Kaur

    What Are Financial Settlements in Divorce?

    A financial settlement is a legal agreement that divides assets and liabilities between divorcing or separating couples.
    This includes property, savings, investments, pensions, and debts. The goal is to reach a fair and equitable division of assets,
    taking into account factors such as income, needs, and contributions to the relationship.

    Financial Claims for Children

    During a separation, securing financial support for your children is essential. You could claim for several key areas:

    - Property Arrangements

    This makes sure your children have a stable, comfortable home. A financial settlement can help secure either ownership or rental arrangements.

    - Child Maintenance

    Regular payments from one parent to the other can cover everyday expenses and education, providing necessary support based on each parent’s financial situation.

    - Lump Sum

    Sometimes, a lump sum is paid by one parent to cover long-term needs. This can support significant expenses, such as education funds for your children’s future.

    - Five Years of Separation

    If you had been separated for at least five years, regardless of your spouse’s opinion.

    - Desertion

    If your spouse left you for at least two years.

    What Can Affect Your Divorce Settlement

    When deciding on financial settlements in divorce cases, courts follow the Matrimonial Causes Act 1973. A 50/50 split is usually the starting point, but other factors are also considered to ensure the outcome fits your settlement case:

    - Income & Financial Resources

    The court looks at each person’s income, earning potential, property, and other financial resources. They also expect reasonable steps to be taken to increase income where possible.

    - Financial Needs & Obligations

    Both current and future needs and responsibilities are reviewed by the judge to assess the level of support each party may require.

    - Familys Standard of Living

    The court considers the lifestyle you and your family had during the marriage as a reference for future financial arrangements.

    - Age & Duration of Marriage

    The age of each spouse and how long the marriage lasted can influence the financial settlement, especially if retirement or major life changes are involved.

    - Contributions to the Family

    The court values both financial and non-financial contributions, such as raising children or managing the household, in the final decision.

    - Lost Benefits

    If one partner loses important benefits due to the divorce (like pension entitlements), there are chances that the court may address this in dividing assets.

    Financial Claims for Unmarried Couples

    For unmarried couples, the law treats financial claims differently—even if you’ve been together for years. If you have children together, specific claims are available to secure their well-being.
    Here’s what we help you understand:

    - Knowing Your Right

    Unmarried partners have no automatic right to each other’s property, savings, or pensions after separation. However, if you have children, you have chances to claim financial support for their future stability.

    - Family Home Arrangements

    Unmarried partners may not equally claim the family home. With children, you could secure residence or request housing funds through specific claims, like a ‘trust of land' until your children are adults.

    What a Financial Settlement Can Cover

    A financial settlement is a clear, legally binding agreement that spells out how you and your ex-partner will split your assets after a divorce or separation. Here’s what can be covered:

    - Property

    Dividing the family home or other real estate, whether it means transferring ownership or arranging a sale.

    - Savings, Money & Investments

    Sorting out who keeps savings accounts, stocks, or other investments.

    - Spousal & Child Maintenance

    Deciding on regular support payments to help with daily costs and ensure stability for any children involved.

    - Pensions

    Reviewing pension entitlements and figuring out how these will be shared, which can be complex but important for long-term financial security.

    Get help From McKenzie Friend

    If needed, we bring in financial experts to help accurately value assets or uncover hidden funds, so you get a fair view of what’s at stake. We’re here to help you reach a settlement that gives you peace of mind and sets you up for a stable future.

    Divorce Financial Settlements - McKenzie Friend UK

    Our McKenzie Friends provide tailored support at each step of your financial settlement case.
    Whether you need help with the entire process or just a few specific steps, we’re here to make things easier.

    Filling The Application

    Our McKenzie Friends help with Form A to start your case smoothly. Financial claims are not easy. We make sure to avoide any mistakes and delays.

    First Directions Appointment (FDA)

    Our experts guide you through this first court hearing, where additional details may be required. We help you understand the court process and present any needed information.

    Financial Disclosure (Form E)

    Completing Form E can be complex. We guide you in detailing your assets, income, properties, and debts. This step, called financial disclosure, ensures both sides are transparent about their finances.

    Financial Dispute Resolution (FDR)

    At the FDR court hearing, the judge encourages both sides to reach an agreement. We help you draft confidential offers and negotiate with the other party, so that you settle your case without a trial.

    Chronology & Statement of Issues

    Our team will help you prepare a Chronology (a timeline of key events) and a Statement of Issues, which outlines what still needs resolving in the family court.

    Pre-Trial Review (PTR)

    About six weeks before the Final Hearing, our team helps with the PTR. We’ll check that all previous court orders are met and help with any final preparations.

    Questionnaires & Responses

    Need more information from the other party’s Form E? We help create a Questionnaire to gather missing, false, or unclear details to get full financial clarity and accountability.

    Final Hearing Preparation

    If your case goes to trial, we support you by organising all required documents. We prepare a s.25 statement (addressing the court’s key criteria), arrange for witnesses, draft cross-examination questions and closing arguments.

    Save On Legal Fees: Sort Out Your Financial Claims With Ease!

    We’re offering a FREE 30-minute consultation (office or video call) to discuss your child arrangement needs.
    Call us at 0121 582 2499 or Request a Free Callback

    When is mediation right for you?​

    FAQs: Divorce Financial Settlements

    A Financial Remedy is the court-led process to divide finances after a divorce. It covers property, lump-sum payments, pensions, spousal support, and child support. The court will look at both your assets and your ex-spouse’s to decide what’s fair. This can include business shares, savings, and other assets.
    To settle finances, start by submitting your application and required financial documents. About 10 weeks later, you’ll have a First Directions Appointment (FDA) where the court checks if all documents are in order. If they are, you’ll attend a Financial Dispute Resolution (FDR) hearing, where a judge will review your case, offer guidance, and suggest a possible financial order. You can accept or reject this. If either of you disagrees, the case may go to trial.
    Our McKenzie Friends are here to support you with preparing documents, understanding each step, and planning your best approach.
    Generally, inheritance is seen as a “non-matrimonial asset,” which means it isn’t automatically part of the split. But, it may be included if both parties need it to meet financial needs. If your inheritance was used during the marriage—like buying a family home—it could be harder to protect. We can help you gather documentation to make your case clearer.
    There’s no simple rule for dividing finances. Courts look at each marriage and each person’s contributions, resources, and needs. Pre-nuptial agreements may help, but courts can ignore them if they seem unfair to either party or any children involved.
    If both of you agree, a settlement can be reached in 3-6 months. If you go to court, it may take up to 12 months. Our McKenzie Friends can help you organise documents, prepare for each step, and keep things moving for a quicker outcome, and that too at an affordable cost.
    You only need to file your petition in court. If both of you agree on the divorce terms, you won’t need to attend court. You can also agree on financial matters without court involvement, but it’s best to make your financial settlement legally binding by recording it in a court order.
    If you can’t agree, the court will decide for you. This may involve a Final Hearing where both of you present evidence, and a judge decides on asset division. Our McKenzie Friends can help you prepare statements, organise evidence, and make sure you’re ready.
    Yes, if major changes occur, like job loss, serious health problems, or a big change in income. The court will then review the order if it feels a change is fair.

    Family Court Help Wherever You Need It

    Locations: 3 offices + in-person/remote support at major UK family courts.
    We can also travel to your court for assistance wherever you are.

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      Your information in this form is confidential and securely handled. Please note, we do not undertake legal aid work.