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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 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.


Maintenance calculations

  • paulslaney63
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01 Jul 12 #340415 by paulslaney63
Topic started by paulslaney63
Run our figures trough the Divorce Calculator, what is the difference between the two figures generated, the ''maintenance calculations based on outgoings data'' and the maintenance calculations based on household/childcare data'' ?

  • Lostboy67
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01 Jul 12 #340425 by Lostboy67
Reply from Lostboy67
Hi
Welcome to wiki, but sorry you find yourself here....
I am not a fan of the Calculator, I notice that from your profile you are male and at this moment concidering running away and joining the circus.

The calculator does at times throw up some very....very strange results, in part because it attempts the impossible, given that everyone''s situation is different.

If you post the following a wise wikipeep may be able to offer some view on what a likley settlement would be. Its also worth remembering that any settlement must be fair but that may cover a wide range of options, there are many ways to skin a cat.

LB

  • WorriedinLondon
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14 Jul 12 #343109 by WorriedinLondon
Reply from WorriedinLondon
I am equally confused by the two sets of results ! Did you have any luck in finding out what the figures mean?

  • WhiteRose
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14 Jul 12 #343113 by WhiteRose
Reply from WhiteRose
The Divorce Calculator uses a mathematical formula.

Nothing with financial divisions are straight forward - different Judges on different days in different areas could come up with different outcomes using the same criteria. They follow broad guidelines, but the spectrum of what can be ordered is wide enough that its not always black and white.

As LB has said, everyone''s circumstances are different and to obtain a more reliable idea of what to expect, I would advise you to start a new thread listing more personal details.

We are lucky to have some members who could give you an idea of what may happen in an order, one member recently was very close about her prediction of Court Outcomes.

But my advice is, don''t panic!

WR

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