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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.


divorce finances

  • fedup70
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02 Apr 12 #321134 by fedup70
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  • hadenoughnow
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02 Apr 12 #321141 by hadenoughnow
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Welcome to Wiki. I am sorry to hear about your problems. Does your stbx have a solicitor?
Finances on divorce are worked out on the basis of need. To tell you what we think is fair, we would need a bit more information
Ages, length of marriage inc any cohab, ages and genders of children, respective incomes inc benefits, value and size of FMH, outstanding mortgage, pension values, savings, debts in sole or joint names.
Are you cohabiting with your new partner? Would she sell her place so you could pool resources? NB if you did, you would need to protect your respective shares in the property.

Hadenoughnow

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02 Apr 12 #321226 by fedup70
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