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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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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.


Is my stbx entitled to half my pension?

  • Dickie mint
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05 Oct 12 #359545 by Dickie mint
Topic started by Dickie mint
I have my CETV from my police pension provider and there is still one area that I need clarification on.
My final full pension is based on a number of years service. Of which I transferred some military pension in from well before I met my wife, plus a period of years in police service before I met her. There will also be a number of years to serve after the divorce.

Is she entitled to 50% or is it 50% of our time together? Basically she and I will have been residing together and married for only about 60% of the total amount of my police service.
Hope this makes sense?

  • MrsMathsisfun
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06 Oct 12 #359549 by MrsMathsisfun
Reply from MrsMathsisfun
How old are you both?

  • Dickie mint
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06 Oct 12 #359551 by Dickie mint
Reply from Dickie mint
I''m 48 she is 49.

  • cliasmol£7
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06 Oct 12 #359556 by cliasmol£7
Reply from cliasmol£7
Dear
Having studied it all 50 % of it all is only a starting point for negoitions, court will look @ length of marriage, previous life stlyle, relative earning capacity, and any healthn problems in either party.
Good luck

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06 Oct 12 #359564 by MrsMathsisfun
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Whether it will be 50% will depend on the whole financial situation. Does your ex have her own pension. Does she work?

  • hadenoughnow
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06 Oct 12 #359582 by hadenoughnow
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The pension is only part of the picture. Financial settlement on divorce depends on a range of factors. It is about what assets there are, what each party needs (including the needs of any dependent children) for housing and income now and in the future, and how the assets can be divided to meet them.

To advise about your situation we need a fuller picture.
Ages
Length of marriage
Incomes
Children - ages and arrangements for them
Value of FMH
Size of FMH
Outstanding mortgage
Pension cetvs
Savings, endowments etc
Debts, loans etc

Hadenoughnow

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