I am in the middle of a divorce and have reached the stage where I would like to move on. Part of that is to reach a fair financial settlement.
Things are a bit complicated, but essentially I managed to raise enough cash for my wife to buy a house (outright) so she could move out of the matrimonial home, where I am still living.
The split ended with my wife getting with £113,000 of our joint assets, I ended up with £102,000, and this includes the full transfer value of my pension.
We have one child 16, in full time education living with my wife, and a 19 year old away at university.
I earn £40k year, she earns around £6k.
I am 45 years old, she is 55.
Currently I pay £360 month child maintenance, what should I be paying to my wife as maintenance, and for how long would this last?
Also she took the larger part of our assets, and is looking for a further lump sum payment, will this affect what I pay.
I want to be fair about this, but at the same time I feel my wife should make more effort to support herself. There are opportunities to work full time for instance, but I know this is not something she is willing to take on.