When a relationship ends, resolving financial matters is often one of the most complex and sensitive aspects of separation. In Jersey, financial settlements in divorce or civil partnership dissolution are governed by local law and overseen by the Royal Court. Whether your situation involves modest assets or more substantial property and income, securing a fair and sustainable outcome requires careful planning and expert legal advice.
A financial settlement in Jersey refers to the division of assets, income, and liabilities between separating parties. This may include property, pensions, savings, business interests, and ongoing financial support. The Royal Court has wide discretion to redistribute resources to achieve a just result, treating the marriage or civil partnership as a shared economic venture. It considers both parties’ financial positions, needs, and contributions.
While equality is often the starting point, the Royal Court may adjust the division based on individual circumstances, particularly where children are involved. Assets held in trust, through corporate structures, or acquired before the relationship may be considered, depending on how they were used. Gifts and inheritances may be excluded if they have not been integrated into joint finances.
Ancillary relief in Jersey refers to the financial orders the Court can make following divorce or dissolution. These include lump sum payments, transfer of property, periodical payments (maintenance), pension sharing or attachment, and orders relating to trusts or business assets.
When determining financial settlements, the Royal Court considers a range of factors to ensure a fair and balanced outcome. These include each party’s earning capacity and financial needs, as well as their age, health, and the standard of living enjoyed during the relationship. The duration of the marriage or civil partnership is also relevant, alongside the contributions, both financial and non-financial, made by each individual. Above all, the welfare of any children is paramount, and arrangements will be shaped to support their stability and wellbeing.
Many couples prefer to resolve financial arrangements privately, using legal advice or mediation to reach agreement. Where this is not possible, the Royal Court can intervene and make binding decisions. Full and frank disclosure of financial resources is essential. Failure to disclose assets may result in the Court setting aside agreements or making adverse findings. In complex cases, the Court can order disclosure of trust documents or investigate corporate structures to ensure fairness.
At Parslows LLP, our team of experienced family law solicitors and advocates in Jersey provide clear, strategic advice on financial settlements. We work with clients across a range of financial circumstances, from business owners and professionals to individuals with more straightforward needs. Our goal is to help you reach a resolution that protects your interests and provides financial clarity for the future.
Whether you are negotiating privately or require representation in the Royal Court, we offer practical support tailored to your situation. We understand the emotional and financial pressures that can arise during separation and aim to resolve matters efficiently and respectfully.
If you are considering divorce or civil partnership dissolution and need advice on financial arrangements in Jersey, contact Parslows LLP today.
