We provide a range of services
to help solicitors provide a high level of advice and service to their matrimonial clients.
Whilst it is the case
that many solicitors, for a variety of reasons, do not often use the services of qualified IFAs during the matrimonial
process there are in fact often many benefits in doing so on the basis of using the right level of expertise at the right
stages of the process.
The areas in which we can most likely add value for your clients include;
Checking the information
This can include verifying information provided via Forms
E & P and identifying what additional information might be helpful. For example policies potentially benefiting from
future inherited estate distributions, MVR free opportunities or other guarantees that might enhance their value.
Budgetting
n
nHelping clients in drawing up realistic budgets to aid their
decisions and helping them understand the implications of those decisions.
Cashflow & Wealth modelling
nPreparing Lifetime cash-flow & wealth models can often be of great benefit to help clients appreciate their current
and future situation and the impact of agreements they reach. We use state of the art stochastic modelling software to help
bring the numbers to life and enable clients to gain a greater understanding of their financial options.
n
Tax
It goes without saying that examining and explaining potential tax implications of any actions is important and we can assist
in this process.
Pension options
n
Often of course on the most important assets after the
family home and an area of great complexity with many often obscure issues having significant impact. We are
able to examine and report on all of the available options, carry out relevant calculations and comment on relevant issues.
This could include for example examining any GAR terms, guaranteed scheme pensions or future plan values, opportunities
to avoid CETV reductions, explaining options for any resulting pension credit and so forth.
Education
Education of a client for whom running the family financial matters are a new experience or may be less
financially literate then their spouse.
n
Sharing orders
We can also of course
assist your clients in the implementation of their pension sharing orders helping you provide a complete service to them.
Single Joint Experts report
We are able to act as Single Joint Experts and
provide reports for both parties and the Court either on specific issues or options and issues as a whole.
n
Why use our services ?
Our services to matrimonial lawyers are
handled by Simon Fisher who now has over 10 years of relevant experience, having also worked for 8 years
in a law firm with a successful family department, and holds appropriate advanced qualifications in pensions and taxation.
He is also participating in the IFA accreditation program being run by Resolution for matrimonial and collaborative law work.
Simon is of course familar with the CPR Part 35, Best Practice Guide and Protocol for instructing Single Joint Experts.
We are able to provide you with sample reports if required together references from other law firms.
As full members of SIFA we are also able to provide fee-earners with Law Society accredited training in relevant areas on
either a group or, if appropriate, one-to-one basis.
Please contact Simon Fisher in the first instance if you would like to discuss using our services.
