can someone explain duxbury to me ..we are both 53 ..i am not working , my husband has a good job and pension. i don`t have a pension .we have a fourteen year old son.
see fair and equitable unedr the child section for more info.
how could the duxbury rule affest me ...i understood it was just a srarting point but my husband thinks it is much more specific...he expects a Clean Break with no recourse to his pensions or companies..or at best a 50/50 split on assets minus pension rights.
no because i have been trying to get my husband to sit round the table and discuss possible alternatives to his proposal. i am trying to get my facts straight first. he has taken legal advice and so have i once ..but i need to clarify issues...does duxbury Clean Break cover till i am retired at 64?,can he really say my involvement with the companies counts for nothing except the 10% reduced by him from 20% last year to give to another director in the event of sale which could put the company value at 1.2/2m should it ever happen..of course it might not, is the pension something to be dealt with sepatare to assets...with no income in the forseeable future no pension and being told i am taking the shirt off his back i am very worried.
he does not want to get solicitors involved based on his last divorce experience..
If I were you I'd download form E from the UK Courts website and go through it with him - divide all assets 50/50 and calculate your income needs - it will concentrate his mind wonderfully- all in the interests of a fair outcome for all of you of course