How do financial settlements work?
A financial settlement is a legally binding agreement on how you and your ex will divide your assets and wealth when your marriage ends.
This can include:
- The former matrimonial home
- Other property such as a rental property
- Or a holiday home
- Pensions
- Savings
- Investments such as shares
- Liabilities for debts
- School fees
- Expensive art/furniture
- Expensive watches/wine collections/handbags