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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.


Income

  • chrisjoy
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20 Nov 07 #7083 by chrisjoy
Topic started by chrisjoy
Do anyone know if a child's disability living allowance is classed an income in a divorce? Also what about the children's savings accounts?

  • loobyloo
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20 Nov 07 #7085 by loobyloo
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my kids accounts have not been mentioned and i have fdr next week... but not sure re benefits prob come under section of needs and living costs.... looby

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20 Nov 07 #7086 by chrisjoy
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thanks for reply. my husband is pushing for a divorce with a 50:50 split without going the courts. He wants to buy me out 50% but the kids will live with me, I suspect he is having an affair as is keen to sort things out quickly.

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20 Nov 07 #7087 by Angel557
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A child's DLA is NOT classed as your income as it's for the child's needs ,you do NOT put the child's DLA on your form E it is not used in any calculation if you need to claim any benefits for yourself,

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20 Nov 07 #7090 by Specialdad
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Get some legal advice asap. I suspect he knows you are entitled to a 70/30 split which is why he is pushing you for 50/50. Dont sign anything till you get some help.

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20 Nov 07 #7094 by loobyloo
Reply from loobyloo
yes sd correct but you need legal backup if there is to be a Clean Break i.e closure on any financial matters. Its a real headache divorce is the easy bit i reckon
looby

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21 Nov 07 #7167 by chrisjoy
Reply from chrisjoy
Thanks for reply, knowing that helps.

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