How can a solicitor help you after the divorce?
In the recent times, you can find many of the divorce cases around you, but there are many things which you should take care after this. One of the important things is the proper settlement of your property, and here you must have to include your all the assets you have. You may have earned these assets before your marriage, but during calculation of property settlement, you have to include. Again, there are many constraints which you may have to in your account during the calculation. So it will be easy for you if some divorce lawyers and solicitors help you in this process.
- Here you have to determine all your assets and also your liabilities first. Your assets may include your house, car, bank balance also. Again, you can estimate your liabilities through the different loans which you have taken from some organizations and also the mortgage and the balance of your credit card will be taken into consideration. Then you have to find the difference between these two which is termed as net assets.
- After this the contribution of each person will be determined and here not only the financial contribution is taken into account, you have to determine both the homemaking and parental contribution also. If there is some type of contributions is present, then those things are also calculated.
- After all of these things, the divorce lawyers and solicitors also estimate the need of each person. Like if your age is high, then the needs will be less again if your health is not good then the needs will be high obviously. The duration of your marriage also has an effect on your needs.
- Lastly, after all these complicated estimations, your receivable assets will be determined, and if both husband and wife accept their shares, then a contract is signed between them by the court.