Divorce and financial settlement
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A financial settlement is an agreement on dividing financial assets and other agreements fair & square once the marriage is over. The process of separation of assets and agreements can start at any stage of your divorce. And once agreed upon, it is wise to make it legally binding by asking your solicitor to work on a consent order. The document will then have to be approved by the judge after the decree nisi has been announced. It ensures that no further financial claims are made later. Although in England & Wales, you can ask for a financial settlement even after the divorce is settled if one
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Divorce and financial settlement
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