Financial Settlements

Protecting your future - fairly, sensibly, and securely

When a marriage or civil partnership ends, it’s not just about signing divorce papers and walking away. A financial settlement is key to ensuring your assets - and your future - are properly protected. Whether you’re dealing with shared savings, the family home, a business, or pensions, sorting out finances is one of the most important parts of your separation.

A discarded wedding ring following the breakdown of a marriage.

Without a financial settlement in place, your assets and money will still be linked with your ex-partner. 

At Thomas Flavell & Sons, we help you navigate this process with calm, clarity and expert legal advice - ensuring your settlement is fair, thorough, and tailored to your circumstances.

What Does A Financial Settlement Include?

It can cover a wide range of assets and liabilities, including:

  • Property – including the family home and any investment properties
  • Savings, investments, and life insurance policies
  • Pensions – these can be especially valuable and often overlooked
  • Vehicles and household contents
  • Businesses and jointly owned assets
  • Debts, credit cards and loans
  • Personal possessions worth over £500
  • Child and spousal maintenance

It's not just about splitting what you have now - it's also about securing your financial independence in the future.

Do I Really Need a Financial Order?

Yes. Without a legally binding Financial Remedy Order, you could be at risk of future claims - even years after your divorce is finalised. Divorce itself doesn’t end your financial ties. We’ve seen cases where people were pursued for assets long after separating. A clean break order, where appropriate, ensures finality and peace of mind.

Reaching a Settlement: Your Options

There are several ways to come to an agreement, depending on your situation:

  • You agree between yourselves - We can draft a Consent Order reflecting your agreement and submit it to the Court for approval. 
  • With legal support - We’ll guide you through disclosure, negotiation and ensure your interests are protected.
  • Mediation - We can recommend trusted mediators and then formalise any agreement legally. Click here to read about the benefits of mediation.
  • Court proceedings - If no agreement is possible, we can represent you throughout the court process to seek a fair outcome. 
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Had an appointment with Judith today. Her advice was very clear as she highlighted possible scenarios of the issue discussed and made the whole tangled topic much easier to grasp. Thank you. Will definitely use TFS services again.

A photo of Judith Wheeler
Judith Wheeler Director and Head of Family, Leamington Spa
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Navigating financial settlement. Louise and Carol were both an absolute pleasure to deal with. So knowledgeable, friendly and helpful. They both made a rather overwhelming and unknown situation manageable. Can’t thank them enough.

A photo of Louise Dawson
Louise Dawson Solicitor, Leamington Spa

We’re here to help - today and for the future

At Thomas Flavell & Sons, we understand that financial uncertainty can feel overwhelming during a divorce. That’s why our friendly and experienced Family Law teams in Hinckley, Leicestershire and Leamington Spa, Warwickshire are here to provide expert advice with a human touch. Whether you’re looking for a clean break, support with disclosure, or help negotiating a settlement, we’re just a phone call away.

Contact our Family Law team today to book an initial consultation and start building your new future with confidence.

Let's get started

For more information, please contact our team today.

Our Family Law Team

Frequently Asked Questions

Our Family team offers friendly, jargon-free advice on all areas of divorce and family law. We've also added some frequently asked questions here which may help you in learning more about your situation. 

It’s the formal process of dividing finances after separation. This includes property, money, pensions, and debts - and it ensures a clean and fair financial break.

Only once it’s been made into a Consent Order and approved by the Court. This protects both parties and removes the risk of future claims.

Each case is unique. Courts aim for fairness, taking into account needs, contributions, and what’s best for any children. Pensions can be shared, offset or earmarked. Business and international assets must be disclosed and can be included in the settlement.

It is important to consider what income you need to live on, not only now, but in the future. 

Only in exceptional circumstances - such as a significant change in situation - can it be reviewed. Once agreed, it’s very rare for settlements to be altered.

While not legally required, it's highly recommended. Divorce finances are complex and have lasting implications. Without expert advice, you could miss out on what you’re entitled to - or worse, face claims down the line.

Let's get started

For more information, please contact our team today.

Family Lawyers Near Me

Our experienced family law solicitors are here to help you resolve practical matters such as financial settlements, arrangements for children and divorce, helping you work towards the best possible outcome with care and understanding.

Contact Us

Fill out the form below and we’ll be in touch to book an appointment for you. Or feel free to call us directly - Hinckley office: 01455 610747 or Leamington office: 01926 887700 

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