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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.


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Inheritances

  • Mellow
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03 Oct 07 #4287 by Mellow
Topic started by Mellow
My ex wife has inherited a sum of money from a relative who died during our marriage, the money was however not actually received by her until after the date of separation. Does anyone know would I be entitled to a share of the money in ancillary relief proceedings?. On the other hand I have had relatives die during the course of the marriage and money has been recived by me prior to the separation. These monies were deposited in a bank account in my sole name with the agreement of the ex. Again does anyone know whether my ex would be entitled to a share of these funds?

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03 Oct 07 #4288 by Fiona
Reply from Fiona
Inheritances are rather a grey area. They are relevant and should be disclosed, but whether or not they are included in the 'pot' depends mainly on how the family's needs are to be met, if the inheritance has been used as an asset of the family and how recent it was. Where the inheritance has been kept separate from family assets, especially if the inheritance was recent, there is more chance of it being alloted to the person who inherited.

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