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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.


Calculator

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02 Jul 07 #1124 by handyandy1746
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i cant understand how this calculator is working.I am divorced from my wife and i have custody of the children but my wife is asking for more settlement money. when i do the calculation it says i should be paying my ex wife £300+ each month????????????

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02 Jul 07 #1125 by wikivorce team
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handyandy,

the calculator isnt perfect - but pretty good in most typical circumstances.

For an individual view on your specific circumstances please post your details to the forum and we will provide a view on what (if anything) you or her should be paying.

regards
wikivorce team

  • Inspire
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26 Jul 07 #1556 by Inspire
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Hi & thank you for your reply.

1. Having used the Wikivorce calculator a number of times now, I've worked out that where I am recording £65,000 as "Other" under "Assets (in £'s)" it is then recorded as a second instance of "Former matrimonial home valued at £65000". There is already a first correct instance of "Former Matrimonial Home valued at £340000".

2. Q. Do the maintenance calculations include the amount for both childrens & spousal maintenance under "Maintenance calculation based on outgoings data" & "Maintenance calculation based on husehold/childcare data"? Or is any CSA calculation in addition to these amounts?

With thanks

Inspire

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26 Jul 07 #1557 by wikivorce team
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Inspire

1) Thanks for letting us know of this potential glitch. It is the first we have heard of it and we will look into it but could take a couple of weeks.

2) There are two versions of the maintenance calc:

You should use only one:

- "Maintenance calculation based on outgoings data"
is more accurate and is preferred one

- "Maintenance calculation based on husehold/childcare data"
is more of a guesstimate (as it doesnt have outgoings data to work on) for those who do not have access to outgoings data

So u use one of these (not both).

That figure then includes all maintenance (child and spousal). It does not use CSA calc though we may amend that in later version.

Rather it uses the courts thinking process in terms of meeting needs. Remember its only applicable in cases where SM is due. For those on similar incomes u can use calc for asset split, but use CSA calc (in Top Sites Section) for child maintenance.

  • Sera
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28 Jul 07 #1592 by Sera
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I'm getting a message stating that I'm not authorised to use it.

Erm... why?

Is it post-count related?

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28 Jul 07 #1602 by wikivorce team
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Sera,

No the calculator is (should be) available to all registered users - there is no further requirement.

We have been making some technical changes to site over the last week which has caused some odd behaviour/bugs at times.

I just tested the calculator access with a new registered user and it worked fine. So perhaps you could try again.

When you go to the calc page if you see the calculator menu (with the Start Calculator) option then you are able to use the calc (guest users do not see this menu/option).

On Start calc page you enter details then hit button at bottom of page.
On results page it displays a full page of results and then...at the bottom of the page it does actually say "You are not authorised to use this resource", this is a slightly rogue error message and you are able to use the calc and are actually viewing the results on that page.
Again this is a non-critical bug which we will fix but not for couple weeks.

Reply to this thread if you still cannot get it to work.

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11 Sep 07 #3166 by TMax
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my problen is I cant get it to work I put in the figures as I kow them click on go and it tells me I have to have a negative value what, why, the figures are correct

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