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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.


Appreciate some thoughts on likely split

  • blackfoot
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19 Jul 12 #344211 by blackfoot
Topic started by blackfoot
x

  • happyagain
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19 Jul 12 #344224 by happyagain
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Hmmm. I have to say that I think you''re being a bit optimistic about the 50/50 split on equity. But then again if this allows her to buy a property outright then I suppose she would need to argue why she should get a larger chunk rather than you arguing why it should be equal. Maybe I''m wrong on that!!
You seem fairly realistic and you make some good points. Although in your shoes I might be offering more of the capital to try and avoid spousal maintenance, or at least to minimise it. Can you explain why your wife stopped work? If there is no medical condition then she would be expected to return to the workforce.
I would also think about cutting back on some of your contributions, she won''t be in a rush to settle matters whilst you are paying for her lifestyle. And the longer you do this, the stronger her argument to a judge will be that you can actually afford this.

  • NoWhereToTurnl
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19 Jul 12 #344227 by NoWhereToTurnl
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Who is having the affair?

  • sillywoman
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19 Jul 12 #344229 by sillywoman
Reply from sillywoman
guessing its blackfoot!

  • NoWhereToTurnl
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19 Jul 12 #344230 by NoWhereToTurnl
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My thoughts exactly! disparaging about the children, knocking the wife......... only time will tell, if he can actually tell the truth!

But on the positive side, its a long marriage and Ancillary Relief is based on need so will depend on circumstances :)

NWTT.

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19 Jul 12 #344231 by happyagain
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If either party is having an affair, it is irrelevant to financial proceedings. Remember this is a support site!

  • NoWhereToTurnl
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19 Jul 12 #344233 by NoWhereToTurnl
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Sorry, it was just my over whelming feeling when I read it. Truth is needed for compassion.

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