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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.


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Solicitors and CETV values

  • Dad the Secretary
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11 Nov 16 #485614 by Dad the Secretary
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I wouldn't dream of preventing her getting proper advice. i assume that the wikiivorce solicitors service, to both parties in agreement, is proceesed through a joint solicitor or does it still end up with two solicitors?

  • rubytuesday
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11 Nov 16 #485615 by rubytuesday
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The same solicitor can not act for two opposing parties as it's a conflict of interests. If both your daughter and her spouse are using Wikivorce services then they will be assigned to different law firms.

If your daughter is considering using our services I would suggest that she calls our advice line on 01202805020 for more information.

  • IvorB
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24 Mar 21 #516190 by IvorB
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Hi there

If I'm reading your message correctly a CETV *always* vastly undervalues a DB scheme - is that correct?

My stbx wife's solicitor is asking for one, but SHE is the one with a (paltry, given 6 year's actual working) £67k CETV from her teacher's DB scheme. That's just a 20x multiple, and it also pays 3x the annual as a cash lump sum. To buy an index-linked annuity for a healthy woman from age 60, paying £3,400 plus £10,200 cash would cost over £160k

I have a DC scheme currently valued around £300k. We're both 50.

Can I expect an actuary to simply ask how much it would cost to buy her benefits and compare that amount to my (precarious, illiquid) value?

I simply don't see how such a report could benefit her in this case.

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