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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.


Help!

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12 Sep 07 #3289 by john mahoney
Topic started by john mahoney
Hi I am new to this. After 10 years of marriage and 10 years of cohabiting, my wife and I are splitting everything 50:50 including when I get it my pension lump sum. I have used the calculator to determine spousal maintenance.
I am 52 and she is 48.
I earn x5 more than her, but she has returned to work and has began a work pension (for the last two years) and has time to build up some of her own pension. She may also return to work full time rather than part time. My pension has built up over 30 years and will be half of my final salary.
Is there any calculations you know of?
I am new to this and as I become more experienced I will be able to advise others but for the moment I am totally confused!
Many thanks,
John

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


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