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payments to ex wife after divorce

  • sarah197001
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02 Aug 12 #346928 by sarah197001
Topic started by sarah197001
Hi, Im 55 male (this is my friends account)i have been divorced for nearly 12 months, my question if anyone can help is, it was my wife who took me to court for a divorce and in doing so the court ordered me to pay for her court/solicitor fees of £1800. In court my ex wife wanted me to pay her a lump sum of £1000 from my endownment policy, the judge said no to this and we agreed a set amount each week was to be paid to my ex wife. This has now been paid off and I have been paying her regularly weekly payments to pay off her court fees as agreed but now she knows my endownment policy has matured she has gone back to a solicitor and they have written to me asking for the outstanding money to be paid ASAP in one lump sum. I have no house and my 2 children live with their mother so my endownment policy is my future and i wish to invest it the best way i can as im nearly at retirement age. Please can anyone help me to find out if she can do this? Thank you Fred

  • jonathancj
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02 Aug 12 #346934 by jonathancj
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It depends how long it will take for the instalments to pay the amount remaining. If it''s going to be a long time, they may well have a shout.

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