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👥

What are the names of both parties?

Full legal names as they appear on the divorce petition

🏠

What are the current addresses?

Residential addresses for both parties

💍

When did you get married?

Marriage and divorce proceedings details

📋

Has decree nisi been granted?

First stage of the divorce decree

Yes, Granted
Not Yet
ℹ️ Financial settlements can be agreed before decree nisi, but the consent order can only be approved after decree nisi is granted.
🏡

What happens to the family home?

Property transfer or sale arrangements

💷
Sale and Division
🔀
Transfer to One Party
Mesher Order
👶
Martin Order
No Property
Mesher Order: Sale deferred until youngest child reaches 18 or finishes education.
Martin Order: One party lives there until death, remarriage, or cohabitation.
📍

Property details

Address and division arrangements

📈

How are pensions being divided?

Pension sharing or offsetting arrangements

Pension Sharing Order
⚖️
Pension Offsetting
🔗
Pension Attachment
No Pensions
⚠️ Pensions are often worth more than the family home. Don't overlook them or accept informal arrangements - pension sharing requires a court order.
💼

Pension details

Specific pension arrangements

💰

Is there a lump sum payment?

One-off capital payment between parties

Yes
No
💵

How are savings and investments divided?

Bank accounts, ISAs, stocks, bonds, etc.

💡 List each account/investment and specify who keeps it or how it's divided.
🏢

Are there any business interests?

Company shares, partnerships, sole traders

Yes
No
⚠️ Get professional valuations for business interests to ensure fair settlements.
📊

How are debts being allocated?

Mortgages, loans, credit cards

⚠️ Important: Creditors can pursue either party for joint debts regardless of your agreement. Each party should indemnify the other against debts they're responsible for.
🚗

Division of personal property

Vehicles, furniture, valuables

💸

Spousal maintenance arrangements

Ongoing financial support or clean break

✂️
Clean Break
£
Nominal (£1/year)
💰
Ongoing Payments
💡 Clean break is the cleanest approach. Nominal maintenance (£1/year) keeps the door open for future variation if circumstances change dramatically.
👶

Child financial arrangements

Child maintenance and additional support

Yes
No
💡 CMS (Child Maintenance Service) handles statutory child support. Courts can order additional "top-up" payments for school fees, university costs, etc.
🛡️

Life insurance requirements?

Protection in case of death before implementation

Yes
No
💼

Tax liability allocation

CGT, income tax responsibilities

⚠️ Capital Gains Tax: Transfers between spouses before decree absolute are CGT-free. After decree absolute, CGT may apply. Timing matters!
⏱️

Implementation timeline

Deadlines for completing the settlement

💡 "Time is of the essence" means deadlines are legally binding. Be realistic but specific.
✂️

Clean break provisions

Dismissal of future financial claims

Full Clean Break
💰
Capital Only
Deferred
Full: No future claims for capital or income.
Capital Only: No capital claims but maintenance door left open.
Deferred: Clean break triggered by future event (e.g., youngest child turns 18).
⚖️

Legal advice status

Independent legal guidance received

Both Parties
👤
Party 1 Only
👤
Party 2 Only
Neither Party
⚠️ Courts strongly recommend independent legal advice for both parties, especially for complex settlements. This agreement is not a substitute for legal advice.
📝

Any additional terms?

Other agreements or special provisions (optional)

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