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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 x advise on financial settlement

  • rockchick
  • rockchick's Avatar Posted by
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  • Premium Member
27 Jun 12 #339504 by rockchick
Topic started by rockchick
Hi please if eanyone can advise, my FH in approaching at end of july house is currently on for 650k would hope to recieve 625k ,mortgage is 410k and endowments are 77k i have 3 children 17, boy 13 girl and 7 boy who all need there space i have done my research and i would need 250k to rehouse for myself and children this would prob mean convert garage to bed or achieve a small 4 bed in a respectable area my sol is pushing i get 250k to rehouse ,but this may also mean a call back of where ex still owns percent of which i pay back my little one reaches 18, ex has always had good job who earns loads of money i havent worked since having children and not needing too also having medical condition, we are also hoping for spousal maintenance please could anyone advise on the above and what probability this might be and also what other options that might be available.ps solicitor does not want me to have a mortgge and besides very doubtful i would get one pensions have been sorted equally by an actuarie there are no other monies involved many thanks please help xx

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

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