Financial Consent Orders.
A financial consent order is a document that sets out all the terms of a financial settlement between a married couple, at the time of their divorce. It is a court order so it is legally binding, and it can only be challenged in very limited and rare circumstances.
It is strongly advisable for all divorcing couples to obtain a consent order to prevent the risk of further claims being made by their spouse in respect of their marriage further down the line. This is the case particularly as these claims can remain open for the rest of your life.
Financial consent orders need to be drafted carefully and properly to ensure they cover the right information to protect the parties.
