Many people want to get the divorce process over and done with, often, with as little cost as possible.

However, if you overlook the financial arrangements between you, you could make yourself very vulnerable.

38% of people aged between 50 and 54 would consider hiding assets from their partner during a divorce.

1 in 2 people hide their monthly spend from their partner.

Sorting out your finances may not be as simple as you think.

Your partner might have more assets than you realise.  Unless you go through the proper legal process you might never know about them.  This could cost you significantly in the long run.

Here at Ringrose Law we have experts at unearthing any hidden assets ensuring everyone is given a fair settlement that protects their best interests.

Imagine a scenario of you and your partner going through an amicable divorce. You don’t bother to involve any Solicitors to save costs. You continue working, building up a healthy Pension to enjoy when you retire years after separation and divorce. Your partner then returns seeking financial relief as the financial ties between you have not been ended by a Court.

You could be ordered to hand over a large lump sum.

This is just one example that shows how a divorce isn’t final, at least not when it comes to the financial commitments between you until a Judge confirms it so.

Whether you are considering a divorce or you want to review the terms of your finances, contact us here at Ringrose Law in any of our offices at Boston, Lincoln, Sleaford, Spalding, Newark and Grantham.

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