How a financial planner can benefit the divorce process

Financial planning sits at the heart of almost every separation and divorce. A financial settlement decides where someone lives, how children’s needs are meant and when someone can retire.

Currently, the cost-of-living crisis, rising interest rates and volatile stock markets can make the financial pressures faced by separating families feel overwhelming. Add to this changing legislation relating to tax and pensions and there is ample scope to end up agreeing a settlement that is unsustainable or leaves one of you facing later life poverty.

The role of a financial planner

Financial planners can be considered more as collaborators rather than just technicians in dividing assets. Able to work alongside lawyers, mediators and accountants, their role is to help build secure financial futures for families.

Adept at financial modelling, tax planning and scenario testing for the long term, clients can make decisions with a full appreciation of the long term financial implications.

The benefits of a financial planner

The benefits offered by an experienced financial planner include:

• Clarity on your financial assets enabling you to make informed decisions.
• Confidence in knowing that any agreements made are fair and sustainable.
• Continuity beyond the agreement in ensuring that any financial decisions post-divorce translate into long term security.
• Collaboration in working alongside your family lawyer, pensions experts and mediators to make your wishes a financial reality.

If you are struggling with issues arising from separation and divorce, we offer a no obligation initial consultation for a fixed fee of £150 (incl. VAT), for up to one hour. At this meeting, we can advise you on all the issues relating to your personal circumstances, allowing you to make informed decisions moving forward.

To book an appointment please call 01444 472700, email us at info@tisshawssolicitors.co.uk or complete the form below.