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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 help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.


Can I also ask for Spousal maintenance

  • Huska
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02 Feb 08 #12607 by Huska
Topic started by Huska
Hi,
My soon to be ex-wife are divorcing and she will be asking for spousal support. I currently earn about 2.5 times her salary and have already agree child maintenance payments. My question is in regards to my job. It is currently very insecure and I could not have this job at some future point. Can I also apply for spousal maintenance that will kick-in if I lose this job?

  • attilladahun
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02 Feb 08 #12613 by attilladahun
Reply from attilladahun
If she earned £10000 and you £25000 net the combined incomes would be £35,000

Divide by 3 = £11,600 ish
deduct W's £10000
Maintenance = £1,160 pa

This 1/3rd rule is a tool not a rule and tends to be less relevant in small or large cases but shows in this case the liklihood W could claim subject to "neede" and the ability to pay.

Clearly if an order is made and circs change to either party then a variation of the order may be relevant

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02 Feb 08 #12614 by attilladahun
Reply from attilladahun
If she earned £10000 and you £25000 net the combined incomes would be £35,000

Divide by 3 = £11,600 ish
deduct W's £10000
Maintenance = £1,160 pa

This 1/3rd rule is a tool not a rule and tends to be less relevant in small or large cases but shows in this case the liklihood W could claim subject to "neede" and the ability to pay.

Clearly if an order is made and circs change to either party then a variation of the order may be relevant

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