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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.

ex gives up work

  • ALD4
  • ALD4's Avatar Posted by
  • New Member
  • New Member
30 Mar 12 #320922 by ALD4
Topic started by ALD4
I am separated and have just started mediation to agree a financial settlement with a view to soon applying for a divorce. My ex has been off work with stress for 5 mths and has just moved in with his new partner. She has considerable assets as she is selling her business she had with her husband.My ex has now announced he is giving up his well paid job to start a new business with her. I have a small income and look after our two children in the matrimonial home. He will have no income for some time and has spent all his savings.He intends to live off her money. will I still be able to get maintenance payments from him, and how will this affect the splitting of our assets (home pension) when the time comes.

  • WYSPECIAL's Avatar
  • Moderator
  • Moderator
30 Mar 12 #320940 by WYSPECIAL
Reply from WYSPECIAL
It might get you a bigger share of the assets as your need may be more but if he has no, or little, income he wont be able to pay you maintenance.

Moderators: wikivorce teamrubytuesdaydukeyhadenoughnowTetsSheziLinda SheridanForsetiMitchumWhiteRoseLostboy67WYSPECIALBubblegum11

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This legally binding agreement defines how assets (e.g. properties and pensions) are to be divided.

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