Are You Looking For Pension Sharing Solicitors Near Me? We can put you in touch with solicitors who are experts on pension sharing on divorce: the new procedure.
If you are going through a divorce, you are likely to be concerned about what will happen to your pension. The courts currently start from the assumption that assets will be shared equally. They now have the power to make a pension sharing order. This means that pension funds will be taken into account and can be split on divorce.
Our expert pension sharing divorce solicitors understand the complexities of pensions and family law and can work with you to ensure that you receive the financial settlement you are entitled to.
At Solicitors Near Me UK, we can connect you with the right lawyer for your needs. You can ensure that your interests are protected and that you have financial security for the future. If you instruct a local divorce solicitor for pension and other financial issues, you may find it easier to deal with matters. You will be able to go into their offices as necessary for meetings and to drop off paperwork.
Need Help Finding Pension Sharing On Divorce Solicitors Near Me?
Solicitors Near Me UK can put you in touch with a divorce and pensions expert free of charge. Without any obligation to use them. Our service was set up by a former solicitor to help clients find local solicitors with both a high standard of service and excellent legal expertise. We select the solicitors we recommend according to both their client care and legal knowledge and experience. Meaning you can be sure that you will have the best possible representation.
Pension Sharing on Divorce Solicitors – Solicitors Near Me for Divorce Pension Splitting Advice
Our pension sharing experts can provide advice and guidance in respect of the financial issues in divorce, to include the following:
- Advising you on the potential options for the splitting of pensions in divorce
- Representing you in negotiations over pensions
- Providing advice and guidance if you go through mediation in respect of your financial affairs
- Obtaining a consent order from the court if you are able to agree matters without litigation
- Applying to the court for a pension sharing order
- Applying to the court for a pension attachment or earmarking order
- Asking the court to offset the value of a pension against other assets in divorce
- Putting together a robust case on your behalf if your case goes to court and ensuring you have expert representation
Where Are Our Pension Sharing On Divorce Solicitors?
We have solicitors operating across the UK, with specialist pensions in divorce lawyers in England, Ireland, Northern Ireland, Scotland and Wales available.
How Much Does Our Find A Pensions Sharing Solicitor Near Me Service Cost?
We can connect you to a genuine legal expert in pension splitting in divorce free of charge and without any obligation on your part to use them. We will match you with an expert pensions and family law solicitor and you can have a conversation with them to see if they are the right fit for your needs. If you decide to instruct them to act on your behalf, only then will you incur their costs – up until that point there is no charge.
Why Do I Need A Pensions Sharing Solicitor In Divorce?
Pensions law is complex. It is often the case that pensions are not properly valued or taken into account on divorce. The money accrued in a pension can be substantial and the starting point for the courts is an equal sharing of assets. This means that both parties are entitled to share the funds.
An expert pensions and family law solicitor will be able to advise you of your rights and ensure that you do not miss out on money to which you are entitled.
Valuing Your Pension
When a couple divorce, they are generally advised to fully disclose their finances to each other. If mediation or the court is involved with the matter, then financial disclosure will be compulsory. As part of this, you should find out the value of your pension. Your solicitor will be able to obtain what is known as a Cash Equivalent Statement, giving details of the value that the pension trustees attribute to the pension. This statement will form the basis of your negotiations over the potential splitting of a pension.
The court will look to divide assets fairly and ensure that both parties’ reasonable needs are met. Where one party is in a less secure position, for example, because they have given up their career to raise the couple’s children, the court can take this into account in making an award.
Three Ways In Which A Pension Can Be Dealt With On Divorce
1. Pension sharing order
Part of a pension can be transferred from one person to another, so that they have their own pension. Which, will be available to them to draw on when they choose to retire.
2. Pension attachment or earmarking
This is a less flexible option for the person receiving the pension. When the person holding the pension retires, the other party will receive a set amount from the income. The drawbacks with this option are that the party who will receive a share has to wait until the pension holder chooses to retire and that the income will end on their death.
3. Pension offsetting
This option allows one party to keep their pension while giving the other party a larger share of other assets by way of compensation. For example, they could receive the family home.
Solicitors Near Me Who Deal With Pension Splitting In Divorce
Our team can put you in touch with local pension sharing solicitors who have expertise in the complex area of pensions in divorce. They will be able to work with you to identify the extent of the assets in question. This will include pensions, and negotiate on your behalf to try and reach an agreement. They are experienced in dealing with divorce financial issues. They are very often able to resolve disputes without the need for litigation.