Settlement

Any advice on if I''m being reasonable in my request.
FMH = 260k
Outstanding mortgage = £50k
Married 28 years
Both 53 years old
Salary me 54k him 75k
No debts
He had an inheritance of £130k and 50% of a family business which he doesn''t work in (net worth of business £500k)
I have only been working the past 12 years as I was at home with the children who are now 22 and 24 years old.
I have been paying into a pension for the last 10 years, he''s had his pension for the last 24 years. I believe the CETV to be £200k.

I have asked for a settlement of £200k.

He thinks I am being totally unreasonable.

Any guidance would really be appreciated.

Thanks.

How long ago did he receive the inheritance and interest in the business?

he received it 8 years ago,

The rule of thumb is that needs trump contributions. So if you can show a need which can only be met with recourse to his inheritance, his inheritance won''t be ring fenced. Half the marital assets will provide you with about £100k, which is unlikely to be enough to rehouse. There may well be a pension sharing order, clearly. How much you will get will probably depend on what your realistic housing budget is.

Thank you so very much for the reply, it does help to clarify things. £100k would not help me to rehouse, which was why I have asked him for £200k, this would be a substantial deposit and mean that I would be able to have a small mortgage. I arrived at the figure by capitalising maintenance payments due to the disparity in our salaries, and also the vast difference in our pensions. To me I felt it was a fair offer and left him with the inheritence untouched. He is staying in the family home valued at £260k, I have seen a house which is £229k.

Thank you again for your response.