Anecdotally, family lawyers are reporting an increase in financial disputes between already divorced ex-spouses who did not complete a formal financial agreement at the time of their divorce.
In this country there are two separate legal processes that run alongside each other when a couple divorces: the divorce itself, and settlement of their finances. Even if you have completed the divorce, your ex-spouse can still make financial claims against you in the future unless and until you also have a court order settling your finances. This could include claims against assets built up after the divorce was completed. It is therefore essential to put an order in place, and sensible to have it drawn up by a solicitor as they are technical and rarely straightforward.
The delayed price of DIY divorce: Be careful of your ex if you've won the lottery, got an inheritance or struck business success