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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.


Inherited marital home

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24 Sep 12 #357596 by Smint
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**** Sorry deleted for privacy ****

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24 Sep 12 #357597 by somuch2know2
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You dont say how old the child is?
Or what your income is, his income or your ages.

As even if he is 3X your salary, if you are on 6K a year and he is on 18K- that isnt massive and as the marital debt will have to be cleared from the assets that only leaves 75K. I think him giving you 30% seems fair- but fairness is all perception and a matter of opinion

Can I ask, did he want the divorce? Was it mutual? As if not, you can understand his resentment in the fact that you are basically trying to stake claim in something that wasnt ''earned'' through the marriage. This was a gift from his family to him (not both of you) so its a bit like rubbing salt in the wound but you divorcing him and then trying to take half.

Could you not work full time? Can you maximise your income? Are you getting CTC and WTC?

Im not sure legally where you stand as I had a friend who also paid for his house with inheretence- it is now occupied by his ex wife.

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24 Sep 12 #357600 by Smint
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*.

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24 Sep 12 #357605 by somuch2know2
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In all honesty i dont know where you stand legally, and only know of a few divorces where inheretence was part of the pot- and both were long (15year) marriages.

I would advise avoiding court at all costs- but if you could come out with no debt and still get 30%, I would say that is pretty fair, and not far off your 50% you wanted, it just sounds better.

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24 Sep 12 #357620 by Smint
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Thank you for your input. I do hope to avoid court, I am just concerned his solicitor will push him towards court. He seems to be doing everything she tells him to do.

No debt and 30% does sound reasonable.

Does anyone else have any understanding of such a case please?

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24 Sep 12 #357624 by Elphie
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Deleted for op''s privacy

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24 Sep 12 #357629 by somuch2know2
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I think you also need to look at all the figures. Yes there is a discrepency at the moment but what is her total annual income with CM, CTC, And WTC.

You could get an extra 2500 from the govt, and he is liable to pay you 10% of his salary in CM - around 5550 py

That boosts your salary to 20,000 - which is means his salary isnt even double yours.

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