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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.


can you use divorce settlement to set

  • kris1983
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12 Feb 18 #499570 by kris1983
Topic started by kris1983
Dear All,

Can I use my divorce settlement cash to set up a business ? say 300k Will this be taken into account for housing benefit and tax credits .
I have a disabled child and had to give up work .Hoping I can use the divorce settlement to set up a property company and buy and renovate one or two flats a year and pay my self a wage . Will the benefit agency take into account the divorce settlement as cash in account for housing and tax credit . This is the only way I can hope to work as I have to be on stand by due to child's disability during day time to look after him.

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12 Feb 18 #499571 by Under60
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Savings amount don't matter for tax credits, but they do matter for housing benefit.

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12 Feb 18 #499572 by kris1983
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Wont the settlement become my capital for the company I set up , I hope to get a business loan to as my capital wont be sufficient to purchase property in south London. Can anyone comment pls

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