In this episode of The Candid Divorce Lawyer, Kimberley Davies is joined by Family Solicitor Kate Lewis to explore important financial matters following a separation. They cover topics such as financial disclosure, legal entitlements, interim financial arrangements, and the value of seeking early legal and financial guidance.
Kate addresses:
- What are the first financial steps to take after a separation, and why is full financial disclosure so important?
- How should interim financial arrangements for bills, mortgages, and shared accounts be handled during separation?
- What legal protections exist for joint bank accounts, credit cards, and occupation of the family home?
- Can one partner be forced to leave the family home, and what are the legal challenges involved?
- How are assets and debts divided fairly when there is no legal agreement in place?
In this episode:
00:00 Introduction to Family Solicitor Kate Lewis
02:59 Handling bills and mortgages during separation
05:01 Safeguarding joint accounts and credit card debts
06:51 Understanding your rights to occupy the family home
10:06 Fairly dividing assets and debts after separation
13:10 Navigating finances and emotions post-separation
16:59 Crucial steps: avoiding pitfalls and getting early legal guidance
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