If you separate from your spouse, it’s important to get early advice on the financial issues that arise. We can offer you clear, practical advice on how to protect your interests and achieve the most beneficial settlement.

If you are going through a separation or divorce, you may have little knowledge of what your financial rights and responsibilities are.

We can provide advice on all the financial issues and tax consequences arising including maintenance for your family and the treatment of assets such as business interests and pensions.

Aliment
Spouses have a duty to “aliment” i.e. maintain each other until divorce. The duty is to provide such support as is reasonable in the circumstances and the Court will consider the following factors:

• The needs and resources of the parties
• The earning capacities of the parties
• All the circumstances of the case

There is no such duty for cohabitants.

We will be able to advise as to the level of aliment you should be entitled to receive/pay and how to progress matters quickly.

Divorce Rights
In Scotland, in an action for divorce, either spouse may apply to the Court for “financial provision on divorce”. The Courts must consider several principles when deciding what financial provision to award and also what is reasonable, having regard to the resources of the parties.

The guiding principle for financial provision on divorce is one of fair sharing of the net value of the matrimonial property, as at date of separation between the parties. “Fair sharing” has been interpreted as dividing property on a 50/50 basis, although there can be various circumstances where property is not split equally. Advice is essential to determine whether there are such circumstances in each individual case.

For more information about the financial issues involved in separation and divorce, download our easy-to-understand briefing on the subject. Financial Issues [PDF - 225kB]

Latest service news & features

Image for article: If you are cohabiting are you aware of your legal rights?

If you are cohabiting are you aware of your legal rights?

15 July 2015

Sensible planning at an early stage can help avoid any uncertainty in the future.

Image for article: The new issue of Lindsays life is out now!

The new issue of Lindsays life is out now!

1 July 2015

This edition covers a range of topics for you, your family and your business and also takes a trip back in history with a look at the firm in years gone by as we celebrate our 200th anniversary this year.

Image for article: Wives may still benefit despite their ex-husbands incomplete disclosure of wealth

Wives may still benefit despite their ex-husbands incomplete disclosure of wealth

29 June 2015

The Supreme Court is hearing the cases of two wives who are looking to overturn divorce settlements on the basis that their ex-husbands significantly misled the court as to the extent of their wealth.