If you are considering a separation from your partner, whether
you decide to proceed or not, it is imperative you seek the advice
of professionals including lawyers and accountants. Seeking this
advice will ensure you are sufficiently informed about issues and
possible actions that need to be taken, particularly in regard to
financial matters, should you decide to proceed with the
separation.
Some matters to consider prior to or shortly after separation
include:
Your finances
Often it is the case that one party works whilst one stays home,
or otherwise earns a minimal income. The parties' savings are
generally held in an account in one of the parties' names, or
jointly where either party can remove it without notice to the
other. We often see situations where a party will remove all monies
from the joint account or prevent the other party to access money
shortly after separation, affecting their ability to pay the
mortgage, bills and groceries. Therefore it is