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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.


Clean Break

  • Wunderwoman34
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16 Jun 21 #517007 by Wunderwoman34
Topic started by Wunderwoman34
Hi, my husband and I have separated, amicably. We are both in rented properties, our pensions are similar, but my husband earns twice as much as I do. However, the property I live in is rented from my parents so, all being well, will be mine one day. As I initiated the separation (even though it's amicable, it wasn't a joint decision), I don't want to claim anything from my husband, especially as I will one day own a house and he is far less likely to. We want to have a Clean Break, ultimately. Can we decide that we want to make no claim on each other at all, or would the judge not sign this off and make us do so (likely him granting me a settlement, which I don't want)? We have 1 daughter, who is 16 and likely off to university in a couple of years. I just want us to be able to walk away from each other financially, without me taking anything off him.

  • .Charles
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17 Jun 21 #517014 by .Charles
Reply from .Charles
A Judge might raise an eyebrow and may even ask some questions but otherwise your proposed settlement seems fairly unremarkable.

Charles

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