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There needs to be more court outcomes on wikivorce

  • iusedtolovehim
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5 years 2 months ago #466121 by iusedtolovehim
Replied by iusedtolovehim on topic Re:There needs to be more court outcomes on wikivorce
WYSpecial - you are right, I did think my ex had a secret account. Turned out it was a bank loan. Like so many of the high earners on this site he spent far beyond his means (even with a 90k base salary) - he made me remortgage the house so he could buy a yacht.

Not my problem now. Today I put in an offer on a lovely house where I can be mortgage free and live happily on my 28k salary.

Charles - you are right. My case is not incredibly high worth but. I guess with property and pensions we were talking about nearly a million.

I am happy. I am sure my ex is not

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  • Fiona
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5 years 2 months ago #466124 by Fiona
iusedtolovehim, it would be really helpful to others if you could post detail of the value of the individual assets (including the shares and pensions) held in joint and sole names. Divorce settlements depend on the overall facts and the problem with posting outcomes is people''s circumstances are rarely exactly the same the same.

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5 years 2 months ago #466126 by iusedtolovehim
Replied by iusedtolovehim on topic Re:There needs to be more court outcomes on wikivorce
Hi Fiona

Yes, absolutely.

We had a house with 400k equity. He had pensions with CETV of 400k, I had pensions of 100k. His base salary is 3 x mine. Every two years his share options give him 35k net.

We''re probably not typical. But I just wanted to say to anyone who''s in a marriage with a high earner - don''t accept half the house and that''s your lot love (as my ex said to me)

I proposed my STBX transfer the house to me and I''d walk away. I''m losing 40k in house and gaining 200k in pensions .

Happy girl.

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5 years 2 months ago #466136 by Fiona
Thank you. In summary that''s a 73:27 split. Your housing needs are similar and the extra 23% above 50:50 is presumably to achieve a clean break and income in retirement to avoid ongoing spouse maintenance. Husband has £40k to invest in a home and can pay off a mortgage with his income and share options as well as reducing the discrepancy in pensions with additional contributions.

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