Divorce or separation is an extremely stressful and emotional time. It can be difficult to see things commercially when feelings are running high.
It is therefore important that financial decisions are not made based on emotions, such as guilt or anger, as they are likely to have a long-term impact on your quality of life. This is because they are likely to involve the “big questions” such as what funds are available for housing for you and any children and what income will you have now and into retirement. This is likely to involve analysis of the following:
Your home
Your properties (in the UK and abroad)
Your mortgage(s)
Your pension(s)
Your investment(s)
Your saving(s)
Your company
Your insurance(s)
Your inheritance(s)
Your income
It is possible to engage with financial planners after an agreement has been reached and you know what money you have, but it is often far better to do so at the outset. This is because any agreement you reach upon divorce will be in full and final settlement. It can therefore be crucial to take the time to explore your options with a qualified financial adviser to ensure that you have security for the future. We want to take the stress out of having to find one more professional to help you make those difficult decisions. The solicitors at Anthony Gold are not able to provide financial advice but are able to refer you to a financial professional that can provide you with the information you require.
Please contact the family team at Anthony Gold by email at: ova@anthonygold.co.uk for further information.
