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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?

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Any help ahead of court re Finances and Custody

  • colin
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13 Feb 08 #13774 by colin
Topic started by colin
Separated after 1 year some 6 mths ago - have a 1 year old baby.
'Wife' is claimbing everything in finances inc share of pension for job that i had 10 years ago etc.
She is working and my solicitor says she has no 'need' for any financial assistance but will try, i have more in assets but no joint assets or property at all - anyone got any stories or ideas to help ?

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16 Feb 08 #14149 by IKNOWNOW
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Hi,

Were you together for a while before you got married?

Where is your wife living at the moment?

As far as your pension goes, only pension accrued whilst married is relevent; so don't worry on that count.

Are you currently paying child maintenance for your baby? and how was this worked out?

You say your wife is working, what is her salary compared to yours, and what can she claim in benefits ie. working families tax credits and child benefit etc?

Not quite sure, due to the short length of the marriage whether she would be entitled to much, but because you have a baby together this may change things!

What other assets are there? and are there any debts relating to the marriage?

I would suggest that you try and get a free 1/2 hour session with a solicitor to get legal clarification though.

Hope this helps.

Regards, Sarah

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