Separation is an emotional and difficult time for both partners and their families but sometimes it is necessary for couples to separate for many different reasons. If you are considering separating it is important to be aware of the options available to you before making any decisions. There are many different things to consider when you are thinking of separating including finances, children and living arrangements. It is also important to understand your legal rights and options that are available to you.
Here are 3 things to consider before separating from your spouse.
- Finances. If you are wondering how you will financially support yourself after separation it is crucial to understand that generally matrimonial assets including properties, pensions, savings, investments and interests in businesses are all available for sharing between both parties. The initial starting point in the division of matrimonial assets is on a 50/50 basis however this can be departed from as each case has its own individual circumstances, so it is important to speak with a legal professional to ensure we provide the best outcome for you.
- Children. If you have children, it is important to consider how separation will affect them. Will you co-parent? If so, here are some successful co-parenting tips for separated parents provided by our family law experts.
- Living arrangements. In principle you both have the right to remain in the property and it may be difficult to make the other person leave if they do not want to. However, it may be possible to reach an agreement through negotiation for one party to leave the family marital home until financial issues are resolved. Click here to read our expert advice on your legal rights to property after separation or divorce.
Your legal rights and options. To find out what your legal rights and options are when separating speak with one of our legal professionals who will clearly outline and clarify your individual rights and options which will be solely dependent on your circumstances.
Separation is not easy, but it is possible to get through with legal advice and support from close relatives and friends. By taking the time to consider all of your options with the help from a legal professional and receiving the support you need, you can begin a new chapter of your life.
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If you require further advice, contact us today for our 30-minute initial consultation to speak with one of our specialists.