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Finances after divorce – can I continue the same lifestyle?

Sadly for many families, the inevitable consequence of a divorce and separation is a reduction in lifestyle from that which was achievable whilst residing in one property. This is because the parties’ assets and income now have to extend to two separate residences, and assuming it is possible to finance the purchase of two separate properties, there is a real prospect that these are likely to be of a lesser standard than that of the former family home. During your divorce proceedings, Goodwins can help you understand your finances going forward and what lifestyle is achievable following your divorce.