Separation. Do I need financial advice as well as legal?

Married couples and civil partners who no longer wish to live together but do not wish to terminate their marriage or civil partnership have the option of separating either informally or formally. This is also known as separation.

What is an informal separation?

An informal separation would require agreement on such issues as children, money, housing and property or assets. It would not involve going to Court.

What is a legal separation?

A legal separation agreement, formalised through a petition to the Court, would be likely to go into greater detail.

Whether or not separation might be the first steps to divorce, separating couples need to consider whether each could be self-supporting financially. This can often lead to discussing if joint bank accounts should be separated. If other financial assets should be divided and individual pension arrangements set up. Agreement at this stage would greatly simplify the divorce process, if this were the eventual outcome. This is the time when spouses who may have been shielded from money matters will need the benefits of an independent financial advice.

How Anstee & Co. can help you.

We are independent financial advisers offering unbiased financial advice. Our advisers work closely with your existing legal adviser or we can make an introduction. We will spend time to get to know you and to find out what your financial priorities are. It is important that you understand what financial decisions you are making and why. The first meeting is always at our cost. We will not undertake any work for you without providing a written quote for the work we will undertake. We will work to a fixed agree fee or an hourly rate, whichever you prefer.

How to contact Anstee & Co.

We cover Northamptonshire, Lincolnshire, Bedfordshire and Warwickshire. Our head office is at Kettering. We also have offices in Stamford and London. Our advisers also make use of meeting rooms in Wellingborough, Towcester, Northampton, Bedford and Rushton. In conclusion, why not click here to find our contact details  today and find out how we can help.