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What are we each entitled to in our divorce settlement?

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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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  • weespud
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  • New Member
28 Sep 07 #4111 by weespud
Topic started by weespud
is the end calculation per month or per year?
is it until the children involved are 18?

  • LittleMrMike
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29 Sep 07 #4117 by LittleMrMike
Reply from LittleMrMike
I would have expected that the calculator would tell you specifically if the figure was monthly or annually. Even if it doesn't I would have thought that common sense would make it obvious.

As regards child support, I don't think the calculator deals with this, although there is another calculator for child support on he CSA website. If you have to pay child support, you would include that as an expense, which it is, and one that has a prior claim on your income ( which it has ). The calculator will then take that into account in fixing the spousal maintenance to be paid, if any.

Child supports ends of course when the children reach 18 but the calculator won't estimate the duration of spousal maintenance. That depends on a number of variables.


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