Finances

Myth
  Myth
“If we divorce, the court will sort out the money issues.”
Fact
  Fact
The divorce is only the ending of the contract of marriage. The divorce petition will include financial claims, but these are only theoretical claims. To pursue them, there must be a separate application to the court – it is not generated automatically. You can get divorced and do nothing about the financial issues. You would be well advised, however, to sort out the money at the same time so that you have certainty for the future. It is important to remember that the court will only need to become involved fully if the parties fail to reach an agreement.

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