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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.


very worried -coming up to final hearing

  • katie jules
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06 Jul 12 #341594 by katie jules
Topic started by katie jules
Hi all,
Just joined wikivorce, going through very difficult 2 years,need help. separated Sep 2010, we have 1 young child, had him late in life 40+,Husband v.high earner, I worked from home, our home ran as small Hotel.Sold this matrimonial home feb 2011, home was v.large & owned by us & parents, agreed to sign on understanding my settlement would be enough to buy small house nearby. Nearly at exchange, Ex changed his mind would not give me enough to buy. Both then went into separate rental properties whilst waiting for settlement. Since then all rentals have come from monies held in Escrow. Husband started self employed co. and now claims to earn v.little even though income showes approx £7,000 pm. He has V large NHS Pension and Monies from sale of former home has now gone down to £395.000. We still do not have full disclosure on his assets and have final hearing in Nov. He has former house which he owns 50/50 with previous partner. All children from previous relationships now grown-up. He has offered me £220,000 settlement. I also have a grown up son (24) with Autism and therefore need 3 beds. No chance of buying again with settlement this low - he lives alone. Grateful for any advice

  • dukey
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06 Jul 12 #341604 by dukey
Reply from dukey
Hello

How old are you both

What do you earn

What is his pension worth, do you have one

He earns seven k per month what does he do, what did he do before going self employed, what did he earn before self employment

Lots of questions but the devil is often in the detail

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


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