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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.


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Effect of a third party on financial settlement

  • Martley
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12 Apr 12 #323183 by Martley
Topic started by Martley
My STBX seems intent on concealing a long and ongoing affair during our divorce and insists will live alone after the divorce. My question is, what effect should this third party have on our financial negotiations (for a consent application)assuming the couple will cohabit after the divorce is settled, as I suspect? Currently we are still sharing the marital home, which is free of mortgage, and no children are involved. I am living on a pension and will live alone after divorce so need to retain as much of my savings as possible.

  • happyagain
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12 Apr 12 #323189 by happyagain
Reply from happyagain
At the moment you will have to take his word for it. Ther is a box on form E about cohabitation and intent so technically if he breaches this, there would be some comeback.
It may be galling, especially as this is the reason your marriage ended, but your husband is entitled to a fair share of your assets regardless of his intentions. What he does with this share afterwards is up to him.

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