Unfortunately, the harsh reality of divorce means not just disentangling your personal lives, but also your financial affairs. This process can often cause even more stress, exacerbating an already difficult time.
Divorce can be an upsetting and stressful event and the harsh reality of divorce means not just disentangling your personal lives, but also your financial affairs. This process can often cause even more stress, exacerbating an already difficult time.
One particular area where we can help in the divorce process is in the most appropriate way to share your respective pension benefits, which can often include a transfer of one person’s rights to the other.
Our specialist advisers are able to prepare an extensive report considering someone’s financial requirements and provide detailed explanations and justifications of any proposed clean-break settlement.
In collaboration with your lawyer, we can analyse the financial information provided and ensure that it is complete and accurate. We then identify areas where further information is required and can assist in gathering and interpreting that information, to ensure that your financial position is fully understood and how it may be affected by any proposed financial settlement.
Taking into account all relevant tax considerations, our advisers will endeavour to secure the most effective financial settlement. They are able to assist in implementing any financial order, such as pension sharing or attachment orders, and can offer advice in respect of all your financial planning needs for the future, taking into consideration your changed circumstances.
If you have a query or you wish to find out how we can help you, please contact us.
*The Financial Conduct Authority does not regulate taxation advice.
Where a client’s circumstances require specialist advice, and the local office does not hold the necessary permission from the Financial Conduct Authority, we can draw on the wider specialist expertise available within Perspective Financial Group Ltd nationally. Many of our financial planners hold advanced qualifications in specialist areas of advice, as well as having decades of experience in solving almost all financial planning related issues.