Divorce Coping Tip for 3rd November 2016

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Clean Break Orders are agreements that have been stamped and sealed by the courts and they state that neither party has grounds to make a financial claim on their ex, once their divorce has settled.

It stands firm even in the event of an untimely death soon after the divorce and is generally suitable if there are no children under 18 that need providing for.

If one of the parties earns considerably less than the other, a court may rule the balance of equity be more favourable towards them by way of a lump sum so they are able to sustain themselves in the future, especially as there isn’t going to be any maintenance paid to help them.

If there are children under the age of 18 living predominantly or wholly with one parent, regular, reliable contributions must be paid by the absent parent to assist with their education and welfare. If this fails to be upheld, the CSA are generally more than happy to get involved.

Severing all financial ties with your ex is a refreshing way of clearing the deck, getting back on your feet and starting over.

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