Rise of the Trend for Matrimonial Agreements-An Alternative to Court Proceedings

The breakdown of a marriage can be an extremely difficult and challenging time for all parties involved. The added pressure of trying to sort out finances and matrimonial assets can cause parties further stress and anxiety even in the most amicable cases.

It is therefore no surprise that more parties are trying to resolve the difficult issues relating to financial affairs and matrimonial assets by way of Matrimonial Agreements or Settlement Agreements, as has been recently reported in the case of Bill and Melinda Gates.

Matrimonial Agreements are agreements that are intended to resolve issues relating to matrimonial assets and finances without the need of having to resort to what can become very lengthy and protracted Ancillary Relief proceedings. As well as saving costs, such agreements can prove to be a more holistic approach in what is already a difficult, stressful and life changing time.

Should you require any further information or advice regarding Matrimonial Agreements or any other issue following the breakdown of your marriage contact Carlann Knox on 028 7136 8282 or email carlann@srmlegal.co.uk