A well respected, award winning social enterprise
Volunteer run - Government and charity funded
We help 50,000 people a year through divorce

01202 805020

Mon/Fri 9am-6pm       Sat/Sun 2pm-6pm
Call for FREE expert advice & service info

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.

agreement made - has come back for more

  • paulcalf
  • paulcalf's Avatar Posted by
  • New Member
  • New Member
09 Jun 21 #516929 by paulcalf
Reply from paulcalf
She was in recruitment and although could not walk back in to where she was - has connections. The kind of recruitment she was in was lucrative. She started up on her own a couple of times in those 5 years to earn some extra cash for the family - worked well.

She is quite plainly not maximising her income - so that's useful insight, thanks.

I'm freelance management consultant so earn a good daily rate though it can be feast and famine. Average over last fews years has been around £75k net. As part of plan to be 50/50 parent I am reducing days and increasing holidays - approx 15% reduction in income.

I have already paid SM £25k as part of our own clean-break agreement. In theory could pay some more on a monthly basis. I have remortgaged to stay in marital home and buy her out - important for me and children continuity.

SM cannot give logistical reason why does not go back in to recruitment - demand is high now and she was great at it and her network by her own admission is making offers to her. I can't get over this emotionally for some reason.

  • WYSPECIAL's Avatar
  • Moderator
  • Moderator
11 Jun 21 #516943 by WYSPECIAL
Reply from WYSPECIAL
You “buying her out” is irrelevant whilst you are still married. The house will still be a marital asset and in the pot along with all other assets. She will still have the right to live there even though it is now in your sole name.

As well as maximising income courts like to maintain status quo. If the arrangement was that you worked full time and she went part time then you will be expected to continue to maximise your income too.

Moderators: wikivorce teamrubytuesdaydukeyhadenoughnowTetsSheziLinda SheridanForsetiMitchumWhiteRoseLostboy67WYSPECIALBubblegum11