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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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Gardening Leave

  • tarot
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05 Feb 08 #12919 by tarot
Topic started by tarot
Is "gardening leave" something that is put in the pot when going through form E? (approx. 10k)usual monthly pay £1800

Gardening leave for those who have never heard of it is when a company pay you your notice period but you are usually asked to leave the company premises and are not allowed to start working for someone else until the "gardening leave" expires - or something similar to that :S

  • Monitor441
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05 Feb 08 #12920 by Monitor441
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I always thought gardening leave was income for your notice period paid as a lump sum.

I don't think it would be classed as an asset as it is what you have to live on whilst you can't work.

It is different from redundancy as that is a lump sum as compensation for no longer having a job and that is normally classed as a marital asset

Mon

  • ariesgirl63
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05 Feb 08 #12925 by ariesgirl63
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It just means you receive your usual salary but have to stay away from work during the notice period.

I can't see why it would be classed as anything other that usual monthly income.

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