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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.


Redundancy payment

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09 Sep 07 #3046 by elkrizz
Topic started by elkrizz
Does my soon to be ex-wife have any legal entitlement to any redundancy payments that my old employers are giving me ? She seems to think that she should have at least 50%!

  • LittleMrMike
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09 Sep 07 #3053 by LittleMrMike
Reply from LittleMrMike
I can't see any reason why such a payment could not form part of the assets available for distribution, but it would be necessary to look at the financial position as a whole and not just the redundancy payment.

Mike

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09 Sep 07 #3055 by elkrizz
Reply from elkrizz
Thanks Mike. Its a VERY complicated situation ... the old chestnut- get made redundant, decide to get divorced, get a job abroad so need to set up a new life over there... and did I mention the two kids ? Pretty standard. The ex has no job currently either.

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This legally binding agreement defines how assets (e.g. properties and pensions) are to be divided.


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