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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.


pension sharing

  • Gwenmoon
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13 Sep 07 #3324 by Gwenmoon
Topic started by Gwenmoon
As you can see from my previous posts i am currently trying to sort out my financial side of my divorce. When my ex and I where married he had his pension put in a scheme where if he died i would get a lump some of £20,000 and a weekly amount of £40.I am currently trying to sort out a pension split but he is saying that i can't have his pension.He has told his solicitor he has had the pension changed and he has taken semi- retirement from which he has drawn a lump sum of £23,000 and gets £80 a week on top of his now £200 a week wage. Before this he was on £540 a week. And had the mortgage on the house transfered to a retirement mortgage which has greatly reduced his monthly payment, in-fact i pay more rent that he pays mortgage .He told a friend who then told me that he had done this so i could not get his pension and he wouldn't have to pay me ancillary relief does anyone know anything about this who could shred some light on it please. He also recently has tried to dispose of his lump sum. he is doing all kinds of tricks to stop me getting what i am entitled too. Has anyone else come across this or knows how pension splits work,can he change things to stop me getting my bit. I only found out recently as well that he had never had my name put on the child benefit book as he had children from a previous marriage so when we had the boys he never put my name on the book . Because of this i have lost half my state pension so I have nothing . He said its hard luck he hopes i end up with nothing and he will make sure of that . I don't know how he can be so cruel , I have never done anything to hurt him apart from not love him anymore because all he did was hurt me all our married life. I was 17 when i met him and he was 20 years older than me and we where married for 20 years. I stuck with him for all that time but it was the worst mistake i ever made marrying him.

Gwen :(

  • Louise11
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23 Sep 07 #3813 by Louise11
Reply from Louise11
Hi Gwenmoon,

I am just currently going through the forums, tracking out posts that have not been answered like yours, as in a roundabout way, the older posters on here, like me, have been accused of not helping the newbies! I am totally sorry that I have missed your post, but I do not always know the answers to some of the posts.

Like yours, I really have no answers.
I dont understand how you have reached the stage of being divorced, yet your finances have not been finalised, did you have legal representation when you got a divorce?

You need to seek professional help ASAP really, as it seems to me you need some expert advice.

If you can post just a bit more information then hopefully someone can advise you better. I.E..... how come you are divorced yet financies havent been sorted?

Kind ones
Louise

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24 Sep 07 #3873 by Gwenmoon
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Yes i have a solicitor for my financial part of my divorce, but i had a different solicitor for my divorce who at the time seemed only interested in my divorce not the financial side of it . I moved house and then i got a new solicitor as my old one told me that my finances where very little from my divorce and she wasn't interested in taking the case.
Gwen

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24 Sep 07 #3884 by Louise11
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O thats just charming isnt it?

But hey ho nothing suprises me in all this divorce mallarky anymore!

Well the only advice I can give you really is to talk to your solicitor really, the problem with pensions when you are divorced is it has implications like lost widows benefits ect, like you have now lost them as you have your absolute, mind you some will argue that therefore you should receive more then as you have lost the entitlements, but if you were advised at the time of divorce then you are able to sue that solicitor if you have lost out big time, maybe your present solicitor will find out just how much you have lost out by not sorting the finances out before divorce?

Im sorry I cant be much more help, but I'm so glad you have legal help.

Kind ones
louise

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