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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.


Have I compromised myself re financial agreement?

  • Action
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21 Sep 12 #357113 by Action
Reply from Action
I think the key is in the word ''draft''. I do hope you can come to an agreement without going the court route. Have you discussed mediation? To have a financial agreement formalised you need a Consent Order drafted, signed by each of you and rubber stamped by a court. Judges have to know that you each are in receipt of all relevant financial information (by completing form D81) and have taken legal advice, and that the split doesn''t leave one party financially compromised compared to the other.

If you are still worried about the paperwork then you could just send your wife a letter to say that the spreadsheets etc. are merely work in progress in trying to reach an agreement and do not constitute an offer.

Do you know how much more your wife is expecting to get? As said by maisymoos, if you give details of your finances etc. on here then someone will be able to advise on what a reasonable split, looking at it on a ''needs'' basis, would be.

  • mnf
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21 Sep 12 #357120 by mnf
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I put details on a separate post a while ago. www.wikivorce.com/divorce/Divorce-Advice...cial-settlement.html

Please say if including this link doesn''t work and I should repost or insert details into this post.

Thanks, M

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