Hi. My first post here so apologies if it''s in the wrong place, etc.
My wife and I are on the brink of divorce and I''m trying to work out a fair financial solution for both of us.
Some basic facts; married for 13 years, I work, she hasn''t since our 9 yr old was born. The matrimonial home has about £120k of equity in it, with some savings of £20k.
We''ve agreed that parenting would be 50/50.
If the equity is used to buy her a house with me taking out a mortgage to cover the rest of the purchase, (costing say £400pm) and her getting £500pm child maintenance, plus another £500 in benefits She''s also in the process of setting up a business that should start earning very soon. I would put a deed of trust (or whatever it''s called) saying that the house is essentially hers.
Would that be acceptable to a judge? I can''t realistically afford to pay much more as I want to live within a mile of her so I can do the shared parenting.
One other thing is that she''s blind. Does that have any bearing on what she''s entitled to?
We''re both 38.
Net monthly income is about 4k a month. I have a pension pot of about 100k.
She''s been blind since birth, I''ve been partially sighted since birth.
I would be giving 100% of the matrimonial assets plus about £500pm by paying the mortgage.