Mr and Mrs Gates are sadly parting ways. The emotional and legal costs of divorce can be high and it is in interesting that a Separation Agreement has been decided as a route forward for them. Whether you have billions in the bank of £2.50 until pay day, reaching agreement and keeping your costs low is better for both parties.
A Separation Agreement can outline the terms of financial settlement, as well as the grounds that the divorce will be issued on and any arrangements for your children. It can set out all arrangements going forward from the point you separate, until after the divorce has gone through. Also, it puts on paper the agreement you have reached and provided you have taken legal advice and are fully aware of the financial positions of the other, is likely to be upheld by a court should the other decide to change their mind and try and challenge the agreement at a later date. The terms of the agreement can be put into a consent order, which when the divorce has reached decree nisi will be then made by a court and binding as a final order on you both. The separation agreement being done already means the costs can be kept down at the consent order stage so the costs are not duplicated.
Before Bill or anybody else even contemplates entrusting us to handle your affairs you will want to know more about us. We are a legal company in Reading, Berkshire , working throughout England and Wales, set up with the aim of reducing unnecessarily high costs that people may face when seeking legal advice. We aim to come in at the point where someone is faced with a legal dilemma, be it Separation or Divorce, Family Law, Court Support, Debt Recovery Support, Employment advice, Lasting Powers of Attorney, Wills and we also provide Therapy with our own in-house counsellor. Consisting of a fully qualified solicitor who specialises in Family Law, and a local authority advisor specialising in Wills and LPA’s. We will charge £50 for an initial consultation and from there we will advise you of your best options. That may include court (and if so we will support you with your options) or it may include enlisting our support on a ‘pay as you go’ basis, thus avoiding long running legal costs. We do not charge for every email or telephone call and our costs are up front and cost efficient.
Bill Gates Separation Agreement will no doubt have cost more than ours (£495 for the Agreement and £50 for the meeting to take instructions) but the principle of agreement, certainty and saving costs, applies to all Separation Agreements. Our legal tip is if it’s good enough for Bill….
Please do get in touch should you wish to discuss this further or your requirements on separation or divorce.