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Read our latest Financial Settlements guide (2021) 

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.

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Is this fair?

  • spider31
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19 Oct 07 #4931 by spider31
Topic started by spider31
Hello,

I am going through a divorce.

I have 2 Kids, one 3 and the other 5.

I earn approx £(removed sal), my wife does not work.

We were married for 3.5 years.

I am paying the full child maintenance that the CSA advise.

My ex is asking for £980P/M spousal maintenance.


Is the fair?

My wife could work part time and I would be more than happy to give her some spouse maintenance while the kids are not at school. eg work part time now then she could work fulltime in 2 years.

She can work and could earn good money.

As for the assests, she is getting everything. She well get arround £45K I will get 0.

Thanks

  • Tinny
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19 Oct 07 #4933 by Tinny
Reply from Tinny
Hi spider
There is no fairness in divorce and it would be impossible for anyone here to answer that one.

I replied to another poster earlier who was also married for 3 1/2 years and I stated there that it would be seen as a short marriage and that as there were no children involved each party would take out what they had before marriage. Your case is different as there are children involved and you will have a responsibilty there by law. This bit you probably know as you are already have CSA information.

I also think you need to post a bit more information about the family home regarding equity and other assets you might have.

Hopefully the more knowledgable here can point you in the right direction.

Tinny

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19 Oct 07 #4945 by spider31
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