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What are we each entitled to in our divorce settlement?

What does the law say about how to split the house, how to share pensions and other assets, and how much maintenance is payable.

What steps can we take to reach a fair agreement?

The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

What is a Consent Order and why do we need one?

A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.


Finances during Trial Seperation

  • BobChock
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29 Apr 12 #327257 by BobChock
Topic started by BobChock
Hey all.
I won''t go into the full details, but my wife and I are planning a trail separation. It is her driving that (my options are that or a full separation. And I strongly suspect it''s a trail to just ''break it to me gently'')

We''re discussing all the ground rules for the trial at the moment.

We''re going to get a separate property for one of us to stay at. We are agreed that we should put all the bills into a single account. For the whole of our marriage we''ve both put our wages into a joint account.

After thinking long and hard about it, I think we should split those bills 50/50. (At this point I should point out, for fairness, that I earn twice as much as her). The 50/50 seems fairest to me, in the sense that that''s how it would look if we were to properly separate.

I don''t think I would be comfortable if it were the other way round saying "I want to trial a new life but I want you to subsidise it", just wouldn''t seem right. Problem is I feel a massive douche proposing it, mainly because I do come out of it better.

People on her been through a trial separation, how did you arrange the finances during that period?

General opinions welcome too.

  • happyagain
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01 May 12 #327735 by happyagain
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Are there any children involved? This would alter any proposed future 50/50 split, usually in favour of the parent with care.

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