Often, one of the most difficult parts of a divorce is reaching a financial arrangement which is agreed and suitable for both parties.
This issue can be quite contentious, so it is important to use divorce solicitors in North Wales to ensure that negotiations are carried out fairly and in a timely manner.
Many people want to have a clear and rapid resolution to arranging finances for several reasons. For example, clarity and an even-handed approach to dealing with this means that there will be no further disputes in the future and both individuals feel they have been treated fairly. Most people who divorce want to protect their children; reaching a financial resolution as quickly as possible lessens the stress on the family in the longer term.
There are a range of tools which could be employed to resolve financial matters as quickly as possible during a divorce. Mediation is perhaps one of the most popular options since it is often the least stressful and most amicable. Both parties can agree an arrangement without resorting to court proceedings, which can be both expensive and lengthy.
Court orders are often the last resort and are usually used when the two parties cannot reach an agreement and negotiations have broken down. Solicitors in Bangor can support with this and help with paperwork and negotiations.
Make contact with us here at Bennett Smith Solicitors and ask our advice about dealing with finances during a divorce. Ask us today for an appointment.
