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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.


Pension Sharing

  • silver swan
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20 Nov 07 #7157 by silver swan
Topic started by silver swan
I was divorced three years ago after 25 years of marriage. I was given the house as the kids lived with me. Ex. remarried, became a mature student and therefore couldn't afford to help financially. In the wording of the divorce it states that I have the right to reinstate a claim for pension sharing. Do I have to engage a solicitor to do this? I am not sure if I will benefit and don't want to go to the expense of a solicitor unless I am going to gain something.

  • Specialdad
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21 Nov 07 #7170 by Specialdad
Reply from Specialdad
If the Decree Absolute has not been granted then it should be quite easy to sort out the pension entitlement but if the absolute has gone then there could be a problem. Maybe worth getting some legal advice.

  • TMax
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21 Nov 07 #7182 by TMax
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Hi ok Im already going through this even after the D.A and as long as in your application you have what is called a prayer of the petition entered "which most papers have ready printed" (if not then your soliciters have done you a dis-service) you can ask for your share of the pension, a court/CAB can advise you of how to do this.

As long of course the agreement in the settlement of the house wasnt the be and end of it all.

  • NE0
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21 Nov 07 #7214 by NE0
Reply from NE0
Hi I am an Indendant Finacial adviser and we specialise in Divorce work. The posts allready seem to have covered the legal side as if the wording does allow you to seek a pension share then the next question is "of What ?" as the pension fund is likely to have changed in value since you divorced so the % you are seeking needs to reflect this. If you're on good terms with ex and this is mutual then the use of a lawyer may be very small. When working in partnership wih one of our introducing firms of lawyes and when the pesion is a sigifiant amount we often cover some of our client's legal costs from commission paid from a pension share. If I can help further please let me know

  • Louise11
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21 Nov 07 #7250 by Louise11
Reply from Louise11
Neo


YOU are no good to anyone where this divorce path lies! The courts do NOT and will NOT take you and your figures into account in any way shape or form!!!! NOT WHERE PENSIONS ARE CONCERNED!!!!!!!!!!!!

You are NOT registered to give any advice to Court as an expert in pensions!

A Court will only accept a Pension expert in court and they may be called upon to give evidence, you can NOT do this!

Fair play to you for trying free advertising! But people, dont listen or email this man, let your lawyers find you a Financial adviser IF you even need one!

Louise

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21 Nov 07 #7265 by Specialdad
Reply from Specialdad
Hey Louise give the man a break.

If you feel that strongly lodge a complaint with the website guys.

Neo. I would tone down the self promoting bit if I were you.

Blimey I am beginning to sound like the mediator my ex and I had not long ago!!! :)

  • Louise11
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21 Nov 07 #7286 by Louise11
Reply from Louise11
Oh dont worry special dad I have!

Give the man a break? there are so many people on this website who cant afford legal fees without somebody else trying to take advantage!

The only "winners" on this horrible depressing divorce path are the leeches who call themselves advisers!

As for most of us on here who offer advise, we do it for free and dont expect anything in return!

Kind regards
louise

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