03.01.2024

DIY Divorces: Short term savings create long term problems

by Michaela Evans

DIY divorces have become popular among couples who want a fast and affordable separation. In fact, the number of couples divorcing without legal representation has increased by 25% in the last ten years. This trend looks to continue with the financial strain caused by the cost-of-living crisis.

While the initial appeal of a DIY divorce may seem tempting, it is crucial to consider the long-term consequences. Seeking legal advice and representation during a divorce is essential to protect your interests and ensure a fair outcome.

Even if couples choose to deal with the online divorce process themselves to save costs, they need to take advice to ensure that finalising the divorce prematurely, before resolving any financial issues, does not put them at risk or leave them financially vulnerable for example in relation to widow or widower pension benefits.

How can a Family Solicitor help?

Navigating the complexities of a divorce can be overwhelming, especially when it comes to legal procedures. By engaging a solicitor, you benefit from their extensive knowledge and expertise, enabling them to guide you through every step of the process, ensuring that all necessary documents are properly prepared and filed.

Divorce can be an emotionally charged experience, making rational decisions difficult. A solicitor provides an objective perspective and can help you evaluate the potential consequences of your decisions, ensuring that you make informed choices that align with your long-term interests.

Finances

Dividing assets and securing the best financial arrangement for the future can be one of the most contentious aspects of a divorce. It is important, even if a couple do a DIY divorce, to take advice from a specialist solicitor who will  advocate for your best interests, working to secure a fair distribution of property, investments, and financial resources. They will also consider any future financial implications, such as spousal support or child maintenance, to ensure you are protected over the long term. Even if a couple have reached agreement regarding a financial settlement, or believe that there are no financial matters to resolve, it is important to enlist the help of a solicitor to convert the agreement to a legally binding court order to ensure that there is no risk of financial claims being made in the future.

Children

If you have children, their well-being and future are of utmost importance. A solicitor can provide guidance on child custody arrangements, ensuring that the best interests of your children are prioritised. They will also assist in negotiating child support agreements, considering the financial needs of the children and the capabilities of both parents.

Resolution

Divorce proceedings can often involve conflicts and disagreements. A solicitor can work with you separately or together facilitating constructive communication between you and your spouse. They will work towards finding mutually agreeable solutions, reducing the need for lengthy and costly court battles. Resolving disputes amicably not only saves you money but also helps maintain a more positive relationship with your ex-partner, particularly when co-parenting is involved. Should court become necessary, a Resolution solicitor will ensure that you receive the best advice and support through the process.

Categories: Uncategorised

We have legal experts near you

If you need legal advice, contact us and one of our experts will get in touch with you as soon as possible. Complete the short enquiry form for a no obligation response.

0333 300 2909 (local rate)

info@tayloremmet.co.uk

Why choose us?