What kind of financial orders can the divorce court make in divorce proceedings?
The divorce court can make the following financial orders: Maintenance orders These order that one spouse should make maintenance, or periodical payments (usually from the husband to the wife). Payments are normally ordered on a weekly or monthly basis. They can be limited to a set period. Lump sum orders These order one spouse to make a payment of a lump sum of money to the other. This sum can be of any amount, depending upon the assets of the parties in any particular case. A lump sum can be ordered in addition to maintenance payments, or it can be in final settlement of the financial obligations of the payer. Transfers of property The divorce court can order a husband or wife to transfer any property which belongs to that person to the other spouse. This order is often made when the property to be transferred is the spouse’s interest in the former matrimonial home. These orders can be made in relation to all forms of property, including tenancies and company shares, for example. Fin
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- What powers does the court have to deal with finances in a Judicial Separation as opposed to Divorce Proceedings?
- What kind of financial orders can the divorce court make in divorce proceedings?
