Answer
A consent order is a legally binding document which sets out the financial settlement and any other arrangements between divorcing couples.
It basically explains to the court how spouses have agreed to divide their property and finances.
Although a consent order is not a legal requirement, it would be foolhardy not to have one in place when divorcing because without it, there is always the likelihood that a future claim could be made for a share of your assets, property, income or pensions.
For this reason, it is important that it is drafted by a legal expert so that all your assets are protected, both now and in the future.