November 12, 2016 | Posted by : J Morris
When you’re going through a divorce, worrying about money can add extra stress during an already challenging period of upheaval. As well as legal fees and the uncertainty around the duration of the process, you may also have to adjust your finances to accommodate extra outgoings and changes to your circumstances.
The first thing you should do when you’ve made the decision to separate is speak to your solicitor and discuss your options – resolving financial disputes out of court via arbitration or mediation is generally much cheaper than bringing your case to court, and may help you to come to a more mutually beneficial agreement with your ex. ...
January 19, 2016 | Posted by : J Morris
When you’re embarking on a life-changing journey like divorce, the end can sometimes seem far out of sight. Not knowing how your separation will turn out, or when it will all be over is frustrating – and sometimes overwhelming – but having a plan in place for your future can help to ease the stress of the separation process.
Planning for life after divorce means preparing for change, whether it’s an upheaval of your living situation, complications with childcare, or a drop in income. Change can be scary, and you may find that you’re not able to maintain the lifestyle you have been used to, so it’s ...
January 06, 2015 | Posted by : J Morris
Joint finances can be problematic, especially if you’re going through a separation and suddenly discover that your partner has been spending more than you thought, or has run up debts on a shared account. Unfortunately, it is all too common for the divorce process to unearth the darker side of joint finances, causing a knock-on effect on the cost of separation and each partner’s future financial situation.
According to the Consumer Credit Counselling Service (CCCS), it’s not uncommon to see cases involving upwards of £24,000 in debt that one partner has hidden from the other. This kind of situation may arise in several ...
December 16, 2013 | Posted by : J Morris
For those of you who are facing your first Christmas as a divorcee, you may be worried about the logistics of dividing time with your kids between you and your partner. The holidays can be difficult when you’re separated, especially if the situation is new to you, so we’ve put together a few dos and don’ts to help you to enjoy the seasonal period – whether you’re with your children or not:
Make new traditions – meet up with friends, forego cooking and go out for a Christmas meal, make boxing day your Christmas day, or find a new way to celebrate;
Talk about your situation – whether ...