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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.


Retaining an interest in a property

  • jasmine
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15 Sep 07 #3413 by jasmine
Topic started by jasmine
If the e2b has a percentage charge on the property. Is the percentage of the value when sold. or the percentage of the value when the Consent Order is drawn up

  • LittleMrMike
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15 Sep 07 #3419 by LittleMrMike
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Depends on the drafting of the order, of course, but it is usual for the percentage to apply to the proceeds of sale so that both parties share in the increase in property prices. This can have capital gains tax implications for the dispossessed spouse.

Mike

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