Most divorcing couples come to their own arrangements (known as voluntary agreements or family-based arrangements) regarding the distribution of money, property and other assets. The government's Money and Advice Service has a divorce and separation calculator which can help with identifying assets and considering how to split them. You can also find useful information in a 'survival guide to sorting out your finances when you get divorced' produced by charity Law for Life.
Mediation can often be helpful when discussions are tricky - and divorcing couples must generally at least consider mediation (ie. by attending a Mediation Information Assessment Meeting) before taking a dispute to court.
You can obtain a 'separation agreement' (also known as a ‘minute of agreement’ in Scotland) which sets out the provisional and temporary financial arrangements in advance of the divorce going through.
In Scotland, a minute of agreement should be registered, to ensure that the document is legally enforceable and cannot be changed by one party alone. If one party defaults of breached one of the agreed upon terms, the other party can then apply to the courts to have this agreement enforced.
In Scotland, an agreement on financial support can be either verbal or written. It is advisable to seek legal advice before agreeing on a financial support package. It is also advisable to have such an agreement recorded in writing by a solicitor in case of future dispute.