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Divorce and the cost of living crisis

Posted:
27 January 2023
Time to read:
3 mins

The rising cost of living is a topic dominating the news at the moment. It is a worrying time for many, and for those involved in divorce proceedings, the prospect of financial hardship is an additional pressure that they could, no doubt, do without.

Some are questioning is divorce currently unaffordable? Are there ways of cutting costs but still going forward with the process? 

At Birkett Long, we work with our clients to ensure those that want a divorce can obtain one. With the introduction of no-fault divorce last year, divorcing is now easier, and in many instances, reducing the cost of a divorce.

Preparedness is key

The most apparent financial issue is that the income previously used to fund one household has to go further as one household inevitably becomes two. With the costs of everyday expenses increasing, this may not be easy and, with legal costs on top, it may, in some instances, cause individuals to feel that divorce is impossible. 

Check out these previous blogs for more information related to divorce and finances:

  1. Don't forget the money - only 40% of all couples who get divorced actually sort out their finances (birkettlong.co.uk)
  2. Will no-fault divorce affect my financial settlement?- Birkett Long Solicitors
  3. Benefits of Collaborative Law - Resolving family disputes- Birkett Long Solicitors
  4. Good Divorce Week Financial Negotiation Options (birkettlong.co.uk)

When dealing with the financial aspects of any divorce, we help clients find practical solutions. Providing them with the financial stability and security needed, offering reassurance and experience at what is already a difficult time. 

Finances at Birkett Long

We ensure legal costs are, from the outset, managed and regularly compare the costs that need to be incurred against the benefits they provide you. We speak to you about how to keep your legal costs to a minimum, for example, it may not be necessary for both parties to a divorce to instruct a lawyer.

My colleague, Farrah Harvey-Nawaz, will be providing tips on how to prepare for a divorce in a blog next week. In the meantime, if you find yourself reading this and would like any further information about divorce regarding your situation please get in touch. I or a member of the team will be happy to help, we offer an initial 15-minute telephone consultation free of charge.

How we can help

At Birkett Long, we aim for an amicable divorce and adopt a holistic approach to family breakdown. Typical UK divorce has changed with the introduction of no-fault divorce. Should you wish to discuss issues concerning divorce, children or finances, please do not hesitate to contact me on 01245 453846 or via email at [email protected]

Are you looking for the best divorce lawyer near you? Check out our reviews on Review Solicitors.

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