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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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Am I likely to have to pay spousal maintenance?

  • retep69
  • retep69's Avatar Posted by
  • Senior Member
  • Senior Member
05 Sep 12 #353968 by retep69
Topic started by retep69
Hi looking for some advice.

I earn £2700 per month of which I pay £550 in child maintenance.

This figure is a combination of that reccomended by the CSA of £440 and an extra £110 voluntary contribution which I make to cover the cost of school based clubs,trips,activities,etc.

My stbx receives a min of £800 per month from part time work,a min of £1000 in working and child tax credits,together with the £550 a month I pay towards child maintenance.

We have 3 children (under the age of 10) who spend a minimum, of 2.5 nights per week with me,the remainder with their mother.

We have already settled on a 60/40 split of assets.

This is currently a theoretical question,as we have almost agreed on the terms of a Consent Order,on the rest but I fear that she is pushing to see if I will pay more so just testing if what we have arrived at sounds fair?

  • MrsMathsisfun
  • MrsMathsisfun's Avatar
  • Platinum Member
  • Platinum Member
05 Sep 12 #353974 by MrsMathsisfun
Reply from MrsMathsisfun
You are already paying sm in the form of voluntary payments for cm!

I dont think on your income you would be expected by a court to pay much if anything in the form of sm.

  • retep69
  • retep69's Avatar Posted by
  • Senior Member
  • Senior Member
05 Sep 12 #353988 by retep69
Reply from retep69
Thank you.

I`ve just done some sums.

My mortgage is considerably more than hers due to me having 25% equity on her property,she has 50%,and I have much higher fuel travel costs due to me having to relocate to a cheaper area.

I`m pretty certain that our disposable income is similar and that based on need she is well covered by my contributions.

All useful stuff to bear in mind I suppose if she kicks back.

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