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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.

Do you need help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.

how to work out entiltlement

  • harvey10
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  • New Member
06 May 12 #328724 by harvey10
Topic started by harvey10
I married 7 years ago and moved in with my wife who had a property that she had a mortgage on it. I started to pay the mortgage and council tax until we split 6 months ago. I didn''t put my name on the deeds or mortgage. What would be my entitlement from the split is there a formula to work out what I should ask for? I want to do this without involving solicitors or courts.

Details I am 46 but was 38 when we married my wife is now 52 . We didn''t live together before we married. I am now unemployed but my wife still works. I have moved with my parents at the moment. She remains in the house.She brought the house. What should be taken into consideration when working out how to work out a settlement? I also moved 200 miles to live in the home. I was previously renting a room from a friend before our marriage.

  • MrsMathsisfun
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  • Platinum Member
06 May 12 #328738 by MrsMathsisfun
Reply from MrsMathsisfun
Welcome to wiki.

The isnt a formula as such. It will depend upon the whole financial position.

Do you have children?
Was there any period of cohabition prior to the marriage?
What other assets do you have?

If you look at the top, you can find a section on who get what when you divorce.

  • WYSPECIAL's Avatar
  • Moderator
  • Moderator
06 May 12 #328739 by WYSPECIAL
Reply from WYSPECIAL
There is no fixed formula and no entitlement as such. It is based on assets and needs.

Post more details about ages, incomes, assets, children etc and someone will be able to give you some idea

Moderators: wikivorce teamrubytuesdaydukeyhadenoughnowTetsSheziLinda SheridanForsetiMitchumWhiteRoseLostboy67WYSPECIALBubblegum11

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