A well respected, award winning social enterprise
Volunteer run - Government and charity funded
We help 50,000 people a year through divorce

01202 805020

Lines open: Monday to Friday 9am-5pm
Call for FREE expert advice & service info


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 legal advice on a fair financial settlement?

We offer a consultation with experienced family solicitor for a low fixed fee. You will receive legal advice and a written report outlining your legal position and setting out what a fair settlement would look like based on your individual circumstances.


Why the two figures at the bottom on calc

  • grinch
  • grinch's Avatar Posted by
  • Junior Member
  • Junior Member
More
16 Feb 08 #14150 by grinch
Topic started by grinch
Maintenance calculation based on outgoings data:

The wife has been allocated the following:
- basic (incl childcare) needs £1425
- lifestyle needs £720
A total budget allocated of £2145

The husband has been allocated the following:
- basic (incl childcare) needs £2010
- lifestyle needs £200
A total budget allocated of £2210

The husband should pay the wife maintenance of £890


Maintenance calculation based on household/childcare data:

The wife has been allocated the following:
- basic (incl childcare) needs £1096
- shared contribution £930
- share of excess income £310
A total budget allocated of £2336

The husband has been allocated the following:
- basic (incl childcare) needs £764
- shared contribution £930
- share of excess income £620
A total budget allocated of £2314

The husband should pay the wife maintenance of £786

Does this mean I need to add both values together? If so I might as well get my cardboard box out and move to the Elephant & Castle underpass. Plus is this ontop of any CSA calculated figure?

  • dukey
  • dukey's Avatar
  • Moderator
  • Moderator
More
17 Feb 08 #14168 by dukey
Reply from dukey
Hi grinch keep the box for now the estimate is £786 you dont add both just the last one and thats not a cast iron figure, but gives you a good idea, sleep tight (in your own bed) dukey

  • DownButNotOut
  • DownButNotOut's Avatar
  • Visitor
  • Visitor
17 Feb 08 #14170 by DownButNotOut
Reply from DownButNotOut
The maintenance figures in the calculator are two alternative guesstimates.

The first one is more accurate as it is based on the outgoings data that you entered.

The second one is mainly there for people who didnt have the outgoings data to hand.

You do not add the two together, use one or the other.

So in your case the best estimate for maintenance is 890 per month.

Also these maintenance calculations are for cases where spousal maintenance is due (usually after longish marriage where one party earns significantly more than the other).

The figure quoted includes child maintenance.

You do not add this figure to CSA figure.

The figure from the wikivorce calc is usually higher than the CSA figure (as it includes money for the ex as well as for the kids).

But again you do not add the figures together.

So the estimate for your total monthly maintenance is
890 pounds.

Which makes sense as it leaves you with 2210 per month to live on and her with 2145 per month.

  • TRT
  • TRT's Avatar
  • Elite Member
  • Elite Member
More
09 Jun 08 #25384 by TRT
Reply from TRT
I just looked at the calculator.

I fed in my figures, took the top figure (Pay £1281 in maint.), but when I enter that into MY spreadsheet, it leaves me with £1 after outgoings, and her with +£347

How can that be?

Moderators: wikivorce teamrubytuesdaydukeyhadenoughnowTetsSheziLinda SheridanForsetiMitchumWhiteRoseLostboy67WYSPECIALBubblegum11