Does a Financial Settlement need to be agreed before starting the Divorce process?
No agreement is required, however, it is recommended to agree these issues before initiating the Divorce. If you do not agree financial matters between you, your former spouse can bring claims against you after the divorce and may even be able to make a claim against your estate in the event of your death. It is therefore wise to reach an agreement over financial matters and have that agreement incorporated into a Consent Order.