Divorce & Separation · Financial Planning

Before you sign
anything, know the
financial consequences 
of divorce

Protect your wealth. Protect your children. Protect your future. The decisions you make today could affect your financial security for decades. Before agreements are reached or assets are divided, make sure you understand the full picture.

Book Your Confidential Consultation
We Help You Understand
Our Services
Mediation
McKenzie Friend
Find a Mediator
Related Products
FAQ

Fixed-fee

Drafting, not hourly billing

Free

30-minute confidential consultation

England & Wales

Law-specific guidance throughout

UK & International

Cross-border assets covered

Planning Scenarios

Find your situation

Every case is different. Here's where to start, based on what matters most to you right now.

Understanding what a settlement really costs

You've had an offer, or you're about to make one, and want to know what it actually means long-term.

Financial Impact Reports →

Protecting the family home

Working out who owns what, and how to keep the property's value where you intend it.

Asset Division →

Understanding pension implications

A pension sharing order is on the table, and you want to know what it means for retirement.

Pension Sharing →

Protecting a business you own

You or your spouse run a business, and a settlement shouldn't put its survival at risk.

Business Succession →

Updating your will and LPAs

Your existing documents may still name your ex-partner in ways you no longer intend.

Estate Planning →

Reaching an agreement without court

You and your ex-partner can still communicate, and want a lower-conflict route through this.

Mediation →

Managing overseas or cross-border assets

Property, pensions, or citizenship outside the UK add a layer most settlements don't account for.

Cross-Border Assets →

We help you understand:

How your assets may be divided
Pension sharing and retirement implications
Tax consequences of transferring assets
The future of the family home
Protecting children and future inheritance
Business ownership and succession
Trusts and estate planning after divorce
Updating your will and Lasting Powers of Attorney
Long-term financial planning after separation
Cross-border assets and overseas property
Add Assets
Financial Impact
What will this actually cost you?
Full Picture
Financial Impact Reports
Purpose

Before you agree to anything, a clear, independent picture of what a proposed settlement actually means for your long-term financial position — not just the headline numbers.

Coverage

Asset division scenarios, pension valuation and sharing implications, tax consequences of proposed transfers, and projected financial position at 5, 10, and 20 years post-settlement.

Benefit

Turns a settlement offer from a set of numbers on a page into a real understanding of what your financial future actually looks like — before you sign, not after.

Best Timing

Before any agreement is finalised, ideally before you even respond to a first offer.

Add Share
Property Trust
Who keeps the family home?
Right to Reside
Asset Division & the Family Home
Purpose

Understanding how assets — property, savings, investments, business interests — are typically categorised and valued before any division is agreed.

Coverage

Distinguishing matrimonial from non-matrimonial assets, valuation approaches for property and business interests, and how the family home specifically is treated in most settlements.

Benefit

A settlement negotiated without understanding what's actually on the table rarely reflects what either party intended.

Scope

We help you understand the picture and structure what follows from it — the financial settlement itself is negotiated through the divorce process, typically alongside a family law solicitor.

Add Pension
Pension Sharing
How will pensions be split?
Retirement Impact
Pension Sharing & Retirement Implications
Purpose

Pensions are frequently the largest asset in a marriage after the family home, and the most commonly under-valued in a settlement.

Coverage

Pension valuation, sharing order implications, and how a reduced pension pot affects your actual retirement position — not just its paper value today.

Benefit

Understand what a pension sharing order really means for the age you can retire and the income you'll have, before agreeing to a percentage split.

Also Update

Your pension's expression of wish (nomination) form separately — it pays out independently of both your will and any sharing order.

Tax Consequences of Transferring Assets
Transfers between spouses are usually exempt from Capital Gains Tax and Inheritance Tax — but that exemption narrows sharply once you're separated, and disappears at divorce. From April 2023, separating spouses have up to three tax years after the tax year of separation to transfer assets between themselves without a CGT charge. Property transfers can also trigger Stamp Duty Land Tax, and once divorced, the unlimited spousal Inheritance Tax exemption no longer applies to anything later left to an ex-partner.
Add Business
Business Continuity
Does the business survive this?
Shareholding Review
Business Ownership & Succession
Purpose

If you or your spouse own a business, separation can affect shareholdings, partnership agreements, and succession plans just as much as personal assets.

Coverage

Reviewing shareholder agreements, business valuations for settlement purposes, and succession plans that may unintentionally hand control or inheritance rights to someone no longer part of the business.

Benefit

Keeps a settlement from accidentally destabilising a business that provides income for both of you, and any employees who depend on it.

Add Beneficiary
Will Review
Who should inherit now?
Nominations
Trusts & Estate Planning After Divorce
Purpose

Separation doesn't automatically update a will — your spouse can remain executor and principal beneficiary until decree absolute, and even then, gifts to their family stay untouched.

Coverage

Full will review, guardianship clauses, Property Protection Trusts, and updating Lasting Powers of Attorney — since an LPA doesn't cancel itself either.

Benefit

Closes the gap between your financial settlement and the legal documents that actually control what happens to your estate.

Legal Standing

Related

Asset Protection
Beyond the immediate settlement, protecting what you retain — from a future partner's claim, from unnecessary tax, or from a business dispute — is a distinct, ongoing piece of planning. This covers Property Protection Trusts for the family home, business structuring to protect shareholdings, and reviewing how jointly-held assets are structured going forward.
Add Country
Cross-Border Assets
What happens to overseas property?
Foreign Jurisdiction
Long-Term Planning & Cross-Border Assets
Purpose

A settlement is a single moment; your financial position afterward is decades long. We help you understand how today's decisions play out over time, and how overseas assets or citizenship interact with a UK settlement.

Coverage

Post-settlement financial planning, overseas property title review, and whether a UK settlement is recognised in another jurisdiction.

Benefit

Prevents an overseas asset being left out of the settlement, or a UK plan quietly failing to work once you factor in a second country's law.

Related

See our Cross-Border Families page for the full picture.

Add Mediator
Mediation
Can this be agreed, not fought?
Joint Session
Mediation Available
Purpose

Not every separation needs to become a legal battle. Mediation helps couples reach informed, constructive agreements together.

Coverage

Joint sessions covering finances, property, and arrangements for children, guided by a trained, neutral mediator.

Benefit

Greater clarity, less stress, and often significantly lower costs than a fully contested process.

When Not To

Where there's a history of abuse or coercive control, mediation isn't appropriate — court protection routes exist instead.

Add Support
McKenzie Friend
Representing yourself in court?
Court Notes
McKenzie Friend Support
Purpose

If you're representing yourself in family court — a litigant in person — a McKenzie Friend sits beside you to help you stay organised, informed, and supported through the hearing itself.

Coverage

Quiet advice during proceedings, note-taking, help organising documents and evidence, and moral support through what's often an intimidating process.

Benefit

A meaningfully lower-cost alternative to full representation for people who can't afford, or don't need, a solicitor to attend every hearing.

Limits

A McKenzie Friend cannot address the court, examine witnesses, or act as your advocate — the role is support, not representation. Some courts require permission for a McKenzie Friend to attend; we help you understand when that applies.

Find Support Near You

Search our directory of mediators and McKenzie Friends

Accredited family mediators and experienced McKenzie Friends our clients can search directly — local to where you need them, and vetted before they're listed.

Loading store locator…

The most expensive mistake in a divorce isn't a bad settlement. It's a good settlement, agreed without understanding what it actually costs you over the next twenty years.
— Cross-Border Worldwide, Advisory Support

What changes automatically — and what doesn't

A snapshot of what separation and divorce actually trigger under English law.

Effect of separation alone on an existing will
None
Effect of decree absolute on an ex-spouse as executor/beneficiary
Treated as predeceased
Effect of divorce on pension & life insurance nominations
None — separate forms
CGT/IHT-exempt transfer window between separating spouses
Up to 3 tax years
Spousal IHT exemption after divorce finalised
No longer applies

Related Products

Documents That Support This Plan
Once your financial picture is clear, these formalise what comes next.
Wills, Property & Nuptial Agreements

What to bring to your consultation

A rough list of assets — property, savings, investments, business interests
Pension statements, for both parties if available
Current will and any existing trust documents
Any settlement offer or proposal already on the table
Details of any assets or property held outside the UK
How It Works
1
Confidential Consultation
A free, confidential conversation to understand your situation and what's already on the table.
2
Financial Impact Report
A clear picture of what any proposed settlement actually means for your long-term position.
3
Plan & Documents
Estate planning, asset protection, and any supporting documents put in place around what you've agreed.
Frequently Asked Questions
Do you handle the divorce itself, or just the financial planning around it?
Do you handle the divorce itself, or just the financial planning around it?
We focus on the financial planning and estate planning side — understanding assets, pensions, tax, and putting the right documents in place. The legal divorce process itself typically runs alongside a family law solicitor.
What's a Financial Impact Report, and do I need one before I agree to a settlement?
What's a Financial Impact Report, and do I need one before I agree to a settlement?
It's an independent look at what a proposed settlement actually means for your finances over time — not just today's numbers, but your position years from now. It's most useful before you agree to anything, so you understand what you're agreeing to.
Does separating from my spouse automatically change my will?
Does separating from my spouse automatically change my will?
No. Separation has no automatic effect on a will — your spouse remains executor and principal beneficiary until decree absolute or final order is granted.
How long do I have to transfer assets to my spouse without a CGT charge?
How long do I have to transfer assets to my spouse without a CGT charge?
From April 2023, separating spouses have up to three tax years after the tax year of separation to transfer assets between themselves without triggering a Capital Gains Tax charge.
What is a McKenzie Friend, and can they speak for me in court?
Is mediation safe if there's been domestic abuse in the relationship?
What is a McKenzie Friend, and can they speak for me in court?
A McKenzie Friend supports someone representing themselves in family court — helping with notes, documents, and quiet advice during the hearing. They can't address the court, question witnesses, or act as your advocate; the role is support rather than representation, and some courts require permission for one to attend.
Is mediation safe if there's been domestic abuse in the relationship?
Not generally. Mediation assumes both parties can negotiate on relatively equal footing, which isn't the case where there's a history of abuse or coercive control — court-based protection routes are the appropriate path instead.
Make confident decisions 
— not costly mistakes.
Book Your Confidential Consultation
Financial Impact Reports
Estate Planning
Asset Protection