Finances on Divorce and Separation

Getting divorced can generate high levels of uncertainty and financial stress, as it impacts on all areas of your life, from living arrangements to assets and pensions. Separating your finances and reaching an agreement could take some time, and this is where we can advise and guide you through the process.

Finances on Divorce and Separation
Owens Solicitors rated 4.9/5 based on 49+ Google Reviews Owens Solicitors rated 4.9/5 based on 49+ Google Reviews Owens Solicitors rated 4.9/5 based on 49+ Google Reviews Owens Solicitors rated 4.9/5 based on 49+ Google Reviews Owens Solicitors rated 4.9/5 based on 49+ Google Reviews
4.9/5 based on 49+ Google Reviews
Owens Solicitors

Why People Choose Owens Solicitors

Highly Accredited

Highly Accredited

We are proud to have a number of prestigious awards including the Lexcel Practice Management accreditation.

Experienced

Experienced

Owens Solicitors boasts an experienced and passionate team.

Compassionate

Compassionate

Our clients needs are at the heart of everything we do.

Quality Service

Quality Service

We provide the highest levels of care and professionalism.

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About Us

At Owens Solicitors, we strive to help our clients achieve their emotional, financial, and personal needs and goals through the provision of excellent legal advice and high quality service. We are always committed to providing legal solutions tailored to each and every one of our client’s individual requirements and circumstances.

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Accreditations, Memberships & Awards

Providing our clients with the highest levels of care and professionalism has always been at the heart of what Owens Solicitors do and accreditations and awards are one example of our commitment to delivering a quality service.

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Finances on Divorce

Finances on Divorce

We have extensive experience in dealing with the financial consequences of relationship breakdowns and as a result, can quickly and impartially ascertain what could be considered fair and reasonable to help you make informed and realistic decisions when negotiating a financial settlement. We believe in adopting a common-sense and realistic approach to achieve a speedy and cost-effective resolution of financial issues.

A financial settlement is a legally binding decision on how you and your partner will divide your assets and wealth when your marriage ends. It can cover a range of financial issues such as lump-sum payments, property ownership, regular maintenance payments to help with living expenses or children, or a share of your partner’s pension payments.

Finances on Separation

When a marriage begins to breakdown there are a number of different ways to handle the problem. Many couples will enter into a period of separation before they consider a divorce, and indeed most divorces are based on couples having been separated for at least 2 years prior to the filing of their divorce petition. Some people don’t feel ready for a divorce yet or have religions reasons for not wanting to take that step. Others just feel that before entering into a divorce, they will separate on a trial basis, as a good way to resolve any outstanding conflicts and to know exactly what the position is in relation to their property, assets, income, liabilities as well as their children whilst moving on with their life.

If you do plan to get separated, it is advised to enter into a formal written separation agreement also known as a Deed of Separation. A deed of Separation can be legally enforced if it is drawn up correctly and it can be referred to later during financial settlement on divorce as a basis for a financial order. We can help draw up a tailor-made Deed of Separation for you to agree and record the future arrangements and to see a way forward after your separation.

Finances on Separation

Finances for Unmarried Couples

Cohabitants and unmarried couples are treated differently to married couples, and unlike divorce proceedings, there are no formal proceedings to be instigated at the end of their relationship. It does not matter whether you have been cohabiting for months, years or even decades – cohabitees have considerably fewer rights arising from their relationships. Instead, they just need to try and reach an agreement in relation to the future of any joint property or assets and what will happen in relation to any children of the relationship.

A Deed of Separation is helpful for cohabitants and unmarried couples, as it allows the couple to record the future arrangements in writing and to see a way forward after their separation. However, if agreement cannot be reached about property whether or not it is in joint names an application can be made to the court under the provisions of the Trust for Land and Appointment of Trustees Act (TOLATA). This is a very complex application that requires expert advice and assistance. We can help with this application or negotiations arising from such applications.

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Frequently Asked Questions

Providing our clients with the highest levels of care and professionalism has always been at the heart of what Owens Solicitors do and accreditations and awards are one example of our commitment to delivering a quality service.

What does Owens Solicitors do?
What does Owens Solicitors do?
Owens Solicitors advise, assist and represent clients in the areas of Family law, Immigration law and Wills & Probate matters.
Do you offer a FREE legal consultation in your Luton office?
Do you offer a FREE legal consultation in your Luton office?
We offer a free 10-15 minute telephone case assessment consultation for new enquiries. Contact our team today to discuss your case and requirements.
Solicitors in Luton vs Lawyers in Luton – Is there a difference?
Solicitors in Luton vs Lawyers in Luton - Is there a difference?
There is no difference between a solicitor and a lawyer. The term Lawyer is a collective name for Solicitors and Barristers.
How much are your solicitor fees?
How much are your solicitor fees?
A good indication of our fees includes; Senior solicitor ( over 10 years PQE) – £250 per hour, Paralegal – £150 , Solicitor with less than 4 years PQE – £175.00 per hour. However, each case is unique. Our fees may vary depending on the type of work required on your case.
I don’t live in Luton – Can you still help me with my legal requirements?
I don’t live in Luton - Can you still help me with my legal requirements?
Even though Owens is a Luton Solicitor, we can still help you with all your legal requirements. We are proud to have clients throughout the whole of the UK. If you want to take advantage of our legal expertise in family law and immigration law, we are happy to offer this through video conferencing technology like Zoom and Google Meets.
Do I need to book an appointment before visiting your Luton office?
Do I need to book an appointment before visiting your Luton office?
Yes, meetings in our solicitor offices in Luton require an appointment. We offer face-to-face meetings and virtual meetings. Contact our friendly team today to arrange your appointment today.
Why should I work with Owens Solicitors?
Why should I work with Owens Solicitors?
Our team here at Owens Solicitors Luton helps provide you with support to achieve your emotional, financial and personal needs and goals in a positive and productive way. We discuss and assess personal situations allowing us to provide clear and practical advice on how to move forward. Our aim is to achieve the best outcome while helping to carefully manage costs. All client matters are directly conducted and handled under the supervision of a Principal solicitor which gives our clients the best continuity and the expertise required on their cases.
Owens Solicitors Client Reviews

See what our clients say

At Owens Solicitors, we strive to help our clients achieve their emotional, financial, and personal needs and goals through the provision of excellent legal advice and high quality service.

Owens Solicitors rated 4.9/5 based on 49+ Google ReviewsOwens Solicitors rated 4.9/5 based on 49+ Google ReviewsOwens Solicitors rated 4.9/5 based on 49+ Google ReviewsOwens Solicitors rated 4.9/5 based on 49+ Google ReviewsOwens Solicitors rated 4.9/5 based on 49+ Google Reviews
4.9/5 based on 49+ Google Reviews

Excellent service, very professional and made the whole process comfortable. Would highly recommend Amber & Yomi at Owen solicitors….

Riana Makeup
Google Review

Yomi and the team have helped me twice now , the team are fantastic ,polite ,friendly and they are always happy to help. Would highly recommend Owens solicitors to anyone. Thank you for everything you’ve done for me…

Vicky Holmes
Google Review

Mrs Yomi Williams and the staff at Owens Solicitors are very good at keeping up with deadlines, good and responsive to clients demands to say the least; truly professional and highly recommendable….

Maurice N
Google Review

When you talk of professionalism and good value for your money then look nowhere than Owen’s Solicitors , Mrs Oni-williams and her team will look objective and give you the best approach to the matter. Next to none in my opinion. Thanks for all you do to help people sort out there problems….

Henry Thomas
Google Review

As a returning client following successful completion of my son’s matter I would like to appreciate Owen Solicitors for their services during the procession of my LTR. This is my second time using Owen Solicitors services and I have nothing more than positives for their services. Best in town from Family to Immigration services. Thank you Mrs Oni-Williams and your team….

Julius Okache
Google Review

I have used Owen’s multiple times and have always been 100% satisfied with their service and professionalism. They were always easy to get hold of and kept me updated on the progress of my case. Mrs Oni-Williams is knowledgeable and clearly experienced. Terms were clearly explained and communicated, payment was easy and flexible and the whole process was straight forward. They go the extra mile …

Orencia Parry
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