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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.


Finally its over!!

  • MrsMathsisfun
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23 Jun 12 #338549 by MrsMathsisfun
Topic started by MrsMathsisfun
Finally my partners Consent Order has been signed and sealed and its all over.

The Consent Order is for a Clean Break, 50/50 share of liquid assets and each party kept their own pensions. It has been agreed through solicitors and mediation.

Its taken 3 years to get to this point!! 3 years of his ex agreeing then changing her mind. 3 years of her lying about her financial situation and her relationship.

Even at the end she couldnt admit that she is living with the OM

It probably would have been quicker to use the court system, but truthfully my partner would have faired a lot worse because the system would have been against him.

Now we can get on with our lives and make plans for the future.

Glass of bubbles chilling for later!!

  • dukey
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23 Jun 12 #338551 by dukey
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All that arguing over real pension values and in the end they keep their own, which would have made sense three years ago! oh well its over and that is all that really matters i suppose, tell your bloke wiki is happy for you both :)

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23 Jun 12 #338557 by MrsMathsisfun
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Thanks Dukey.

What is in the Consent Order is near enough exactly what the ex agreed to 3 years ago!!

My partner has never waived from the orginal agreement. In fact he offered to pay her £9k to even out the pension difference. Unfortunately someone told the ex she was entitled to more.


The issue has been that her Final salary CETV was £33k and my partners money purchase scheme CETV was £67k. So on paper it looked like a £34k difference.

However thanks to Wiki and Ian Colon in particular we were able to demonstrate that the pensions in fact were worth the same. (Although in all likelihood her is actually worth more than my partners.) Even the solicitor was impressed with our figures.

At one point she actually asked my partner when he was going to write her a cheque for £17k so she must be very disappointed with £1k my partner has agreed to pay for a Clean Break.

With wiki''s help my partner knew that the assets split had been more than fair, that the children''s needs had been meet and so he just kind of sat back and said NO to her ridiculous demands.

She huff and puffed about going to court but we think her solicitor was telling her, she wouldnt get any more that way and in fact she might have ended up having to give my partner a share of her pension.

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23 Jun 12 #338559 by dukey
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Crackers isn''t it, given their age and the size of those pensions they just were not worth arguing over, still whats done is done, time to drink the bubbles and try and forget the whole sorry episode, i suppose if nothing else you know lots about pensions now, i`m trying to look for the bright side.

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23 Jun 12 #338574 by MrsMathsisfun
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And I found wiki!!

So hopefully some good will come out of it as I will hopefully be able to help others through this site.

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