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:
After speaking to Preenay Chohan yeaterday my situation was made a lot clearer and he has given me some options to consider going forward, in what I can only describe as an horrendous situation I have found myself in. He was understanding and compassionate. And I will not hesitate to get back in touch if and when I need to clarify anything.
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Absolutely amazing, from the start off my nightmare to the end the guy Preenay has been there I couldn’t recommend him enough his experience and knowledge is second to none, I would highly recommend his service to anyone he will put you in the right path 10/10.
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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.
During a separation, securing financial support for your children is essential. You could claim for several key areas:
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:
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:
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:
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.
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.
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.
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.
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.
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.
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.
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.
We’re offering a FREE 30-minute consultation (office or video call) to discuss your financial settlements after divorce or separation.
Call us at 0121 582 2499 or Request a Free Callback
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.
Locations: 3 offices + in-person/remote support at major UK family courts.
We can also travel to your court for assistance wherever you are.
Don’t face this alone. Let us guide you through the process and help you achieve a fair financial settlement.