A well respected, award winning social enterprise
Volunteer run - Government and charity funded
We help 50,000 people a year through divorce

01202 805020

Lines open: Monday to Friday 9am-5pm
Call for FREE expert advice & service info


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.


dividing assets and also i have a mental illness

  • kool59
  • kool59's Avatar Posted by
  • Junior Member
  • Junior Member
More
01 Sep 12 #353268 by kool59
Topic started by kool59
when dividing assets will i have an added advantage because of my mental illness(paranoia scizzophrenia)?:S

  • Elphie
  • Elphie's Avatar
  • Platinum Member
  • Platinum Member
More
01 Sep 12 #353282 by Elphie
Reply from Elphie
Only if it limits your capacity to work, and your stbx has a considerably higher income than you.

There are many factors affecting how assets are split - dependent children and their living arrangements; income (including that generated by benefits) and ability to raise a mortgage (assuming there isn''t enough in the marital pot to rehouse both of you mortgage free) so, if your mental illness affects your ability to work, and therefore your ability to raise a mortgage, this would then possibly mean the assets would be split in your favour. However, if your stbx didn''t work either or had the children living with him then these factors might carry as much weight.

  • kool59
  • kool59's Avatar Posted by
  • Junior Member
  • Junior Member
More
02 Sep 12 #353408 by kool59
Reply from kool59
my stbx is on job seekers allowance actively looking for work also my stbx and her mother own and rent out 24 propertys she is also an executor should anything happen to her mother,her father was a property tycoon and left my stbx a considerable amount, she currently lives in a property gifted by her mother.i am declared by my consultant unfit to work i recieve dissibility living allowance.children are full time with their mother where do i stand?our property is on the market for £342,000 and mortgage and credit card are £152,000. the profit is around £190,000,my stbx has agreed to let me have £40,000 and she keeps the rest is this a good deal?or shall i let the courts decide hoping that i get more ? please advice?

  • jslgb
  • jslgb's Avatar
  • Platinum Member
  • Platinum Member
More
02 Sep 12 #353410 by jslgb
Reply from jslgb
Is she eligible for JSA? From what you have said i wouldnt be so sure...

  • kool59
  • kool59's Avatar Posted by
  • Junior Member
  • Junior Member
More
02 Sep 12 #353411 by kool59
Reply from kool59
she has always been like that even if she has money she will still claim,yes she is currently on jsa, and housing benefit .

  • soulruler
  • soulruler's Avatar
  • Platinum Member
  • Platinum Member
More
02 Sep 12 #353414 by soulruler
Reply from soulruler
The courts recognise real illness, being a paranoid schzophenic (spelling lets not worry) is nothing to be ashamed about in principal - it is a very much misunderstood mental illness.

Can you put down:

Your ages
Your financial situation
The length of the marriage
Your medication and any assults against any party you have made
Why that happened
How or when you were hospitalised as a result
To your knowledge your spouses knowledge of your condition


I do not think necessarily that anyone should stay in a marriage - whether that be someone suffering from a mental condition or someone living with it.

However I am sure that being diagnosed is a mental condition is a very heavy burden to endure (for all parties).

I am currently not diagnosed with anything except acute stress reaction and acute anxiety due to the stress of living and trying to get divorced by a domestic purportrator (Police words).

I believe I have ADD (known as anti social but I disagree) as I have never been in trouble with the Police in 50 years. My brother however has been diagnosed with ADHD and only when he was 48 (thanks to me actually) and so have both his children.

Mental disability or illness is very much understood by the majority but a very real problem for those who suffer from it.

  • soulruler
  • soulruler's Avatar
  • Platinum Member
  • Platinum Member
More
02 Sep 12 #353416 by soulruler
Reply from soulruler
Not suggesting it but the more I read back on your post it seems to me that a forensic accountant is potentially involved.

What is the length of the marriage, I can see you are male and from the tone of your post not suggesting that your wife is the best person to look after your children.

Moderators: wikivorce teamrubytuesdaydukeyhadenoughnowTetsSheziLinda SheridanForsetiMitchumWhiteRoseLostboy67WYSPECIALBubblegum11