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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.


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28 May 12 #333472 by Marshy_
Reply from Marshy_
Hi Paraclete.

A lot of what you describe is often what happens to the FMH in most cases. The mother usually has the lions share of the equity as she is essentially the PWC.

I know its tough that you feel that you have been hoodwinked into purchasing this property. But even if you had kept the money that you had set aside in your savings, this would be subject to a marital asset split and would need to be split between you and yr wife in anycase. So you have not lost anything. The kids need to be housed and I am sure you would want them in the house you purchased with stable roots rather than in the private rental sector.
C.

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