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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.

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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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proposal, is it feasible?

  • RVbewilldered
  • RVbewilldered's Avatar Posted by
  • Senior Member
  • Senior Member
06 Jul 15 #463807 by RVbewilldered
Topic started by RVbewilldered
Please help, any advice greatfully received.
So, after 10 months od him stalling, dragging his heel and generally being intransigent, failed to reach settlement in mediation as he believed he should have 75% me 25%.So via solicitors, last offer by him £75,000,I wanted £95,000 , so declined and said its going to court.
House is mortgage free, jointly owned and valued £140,000. I mam 53 working part time, he is 55 and took early retirement last year.
He receives £1000 per month pension
My CEV = £58,000, HIS cev = £295,000. We were married 20 years, no dependent children.
Court forms submitted and 1st hearing date received, now he wants round table meeting, which I decline. But, could I perhaps agree to take his offer with say £300 per month from his £1000 a month pension? Would this be feasible? wuld it be payable for life or for a fixed period of time? It would enable me to have a small mortgage. Any advice greatly appreciated.
Thank you

  • WYSPECIAL's Avatar
  • Moderator
  • Moderator
07 Jul 15 #463814 by WYSPECIAL
Reply from WYSPECIAL
You don''t mention what your income is so it is difficult to comment.

What plans do you both have for finding full time work to maximise your incomes?

Where are you each going to live if you sell FMH and how much will this cost?

If you want £95k from FMH that is 68% of the equity of £140k why do you need more than 50%? Are there other assets besides the pensions?

You mention the value of his pension and also that it is in payment. You can''t count it twice.

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