We focus on expenditure.

You focus on living.

Achieve a fair financial outcome

Our services

Get the evidence you need to secure a fair financial settlement

Divorce, relationship breakdowns, family disputes and court proceedings can get messy for everyone involved. Everything changes, and while some of these adjustments are welcome, others can cause anxiety and stress, especially where money is concerned.

Separating assets, deciding who gets what and trying to reach a fair and equitable compromise can often lead to lengthy legal battles and hefty lawyers’ fees.

A financial lifestyle budget can help alleviate all that stress and worry. It can equip you or your legal representatives with the facts and evidence they need to secure a fair and fast outcome, whether in court or before it gets that far. 

Our impartial lifestyle budgets are perfect for mediation and financial remedy proceedings. They can help you with:

Divorce or dissolution of civil partnerships

Achieve a fair financial split

Interim & Variation of maintenance

Secure a fair maintenance order

Contentious
probate

Ensure a reasonable outcome

Schedule 1 claims

Reach a realistic settlement

Economic abuse

Create an adequate budget

Transaction tracking

Uncover hidden income & expenditure

Relocation

Budget with confidence

Mediation

Agree a fair outcome

Add-Backs

Recover marital assets

Get clarity and peace of mind

What is a financial lifestyle analysis?

Financial lifestyle analysis reports are essential in mediation, divorce and family court proceedings. They provide a clear picture of a party’s financial situation and ability to pay support or fulfil their other financial obligations.

The analysis thoroughly investigates a party’s income, expenses, assets and liabilities to accurately determine their financial position.

It helps ensure all assets – including hidden or undisclosed ones – are accounted for and estimated expenditure is reasonable and accurate.

Overall, a financial lifestyle analysis is a valuable tool in mediation and family law proceedings, providing transparency, accuracy and fairness in all financial matters.

Objective
analysis

Get an independent assessment of the party’s financial situation, including their income, expenses, assets and debts.

Evidence-based
reports

Provide valuable evidence-based insight into the party’s financial circumstances to support their position in court.

Accurate financial information

Ensure all financial information is accurate, complete and up to date to avoid disputes and delays in the court process.

Better negotiation

With a clear understanding of the party’s financial situation, negotiations can be more effective and lead to a fairer outcome.

Protect interests

A financial lifestyle analysis protects all parties’ interests by disclosing and accounting for all financial information.

Budgeting assistance

Financial lifestyle analysis can help ensure that affected parties are financially prepared for the future and have a solid plan.

Work with us

Why Pennywise Consultants?

Mediation, divorce, contentious probate and family court proceedings can be stressful, upsetting and emotional for all affected. We help alleviate the burden.

We specialise in creating and challenging lifestyle budgets, and income needs schedules in mediation and legal proceedings. Our independent, impartial reports are clear, easy to understand and presented in a format accepted by judges, court officials and legal professionals.

Many top-tier law firms in England and Wales have successfully used our budgets to achieve fair outcomes. We go the extra mile to help you and your clients make big decisions quickly and confidently, providing certainty and peace of mind.

We can do the same for you. Interested? 

Testimonials

Our happy clients

"After hearing about the services that Alison and the team could provide, we were immediately able to introduce Pennywise to three of our clients who hugely benefited from the assistance that they offered. Clients going through divorces often have little understanding or appreciation of the extent of their income needs, given that most of their finances are dealt with for them. Suzanne Duda in particular at Pennywise, patiently and carefully goes through everything with often emotional and vulnerable clients to produce a very helpful and well presented schedule summarising and breaking down all their monthly needs."
Irpreet Kohli, Partner (Family),
Freeths LLP
"Pennywise carried out a detailed analysis of historic expenditure for my client, who had been kept in the dark regarding the family finances. This provided a solid, objective foundation for her budget and ultimately resulted in a favourable indication at the FDR hearing. The analysis also gave my client confidence that her settlement would provide her and the children with a secure financial future. Pennywise were efficient and professional throughout the process and I would highly recommend them."
Lauren Evans, Partner and Family Mediator (Family)
Kingsley Napley LLP
"Pennywise is an essential resource for family law practitioners. They have assisted me with analysing expenditure going back several years and presented their findings in a clear, concise and easy to digest format which is essential for clients, lawyers and Judges. Generally this kind of work is delegated to junior lawyers or paralegals who are generally less qualified and more expensive. Pennywise therefore not only add significant value and expertise to a case, but they also offer considerable value for money. I am not aware of any other firm that is offering this kind of service and I cannot recommend them highly enough."
Thomas Pavey, Associate Solicitor (Family)
Vaitilingam Kay Solicitors