Providing an independent & sympathetic approach to matrimonial disputes
Divorce settlements are based around the fair division of income and assets, requiring full disclosure by both parties of their financial affairs. It is frequently necessary to value business interests such as shareholdings or partnerships, which previously might have been set aside if sufficient other resources had been available.
In this present economic climate, the funding of such matters can place a further unwelcome burden on the parties’ finances. We understand the pressures surrounding a matrimonial breakup and can provide a sympathetic approach to the parties in order to ensure a valuation that is agreeable to both parties at a cost that is affordable and commensurate.
Using our specialist expertise, we can act for either applicants or respondents; we can also frequently be appointed the Single Joint Expert by both parties, where joint instructions can reduce the overall burden of costs. Specifically, we handle matters such as:
Review of profits and balance sheet review
Review of the completeness of disclosure
Liquidity issues such as availability of funds from a business or shareholding
Advice on the division of assets
Ancillary relief refers to financial orders or settlements that are made in connection with divorce or separation proceedings. Ancillary relief may include orders for the division of assets, the payment of spousal or child support, or the transfer of ownership of a property.
Ancillary relief orders are typically made in order to ensure that the financial needs of both parties are met following the end of a marriage or relationship. They may be based on a variety of factors, including the income and assets of each party, the length of the marriage or relationship, and the needs of any children involved.
In many jurisdictions, ancillary relief orders are made by a court following a hearing in which both parties have the opportunity to present evidence and arguments. In some cases, ancillary relief orders may be negotiated and agreed upon by the parties themselves, with the assistance of their legal counsel or other advisors.
Find out more about how Matrix Forensic can help with matrimonial ancillary relief by sending us an enquiry.
We offer a genuinely cost-effective alternative to larger regional and national practices, whilst providing a highly professional level of service and a breadth of experience second to none.