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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.

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The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

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inheritance and divorce

  • monkey123
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20 Jan 08 #11204 by monkey123
Topic started by monkey123
I am 59 yrs divorcing my wife 42 yrs after 20yrs marriage. I have just filed form E, my wife left matrimonial home a year ago, met a man who since died leaving
her some £200K of his estate. I earn significantly more than her. I also support our five children.
would her inheritance be taken into account in relation to maintenance, capital assets and pension?
:)

  • gone1
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20 Jan 08 #11223 by gone1
Reply from gone1
I doubt it monkey. This is becuase she acrued this money after she left you. But I would list it as money she has access to as it shifts the balance. She could say that the money is in trust or any other way of of disposing of it. Is she liable to capital transfer tax? This would lesson the amount she gets. Suck it an see. Chris

  • Josh2008
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20 Jan 08 #11238 by Josh2008
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It is my understanding that inheritance is always taken into account, the amount here is significant and will have a big sway in determining future needs, especially if the inheritance is liquidity.

Worth a 1/2 hour with a good sol to get best advice on this one

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