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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.

Was I told the truth ?

  • Ladybelle
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08 Feb 08 #13323 by Ladybelle
Topic started by Ladybelle
Any solicitors here who could comment on what I was told by mine yesterday ?
I thought he was such a super person and I immediately liked him but was that because he said what I wanted to hear ? Do they do that just to get the money ??
We each have £37000 equity (50 - 50) he has pension which I have 50% share of. This sol said my 50% share of his pension at a conservative estimate of £100,000 (likely more) but that equates to £50,000. Sol said £37000 of that would be offset against the house - meaning I would get the house - and get it put in my name ? Is that correct ? And the remaining money put aside for my retirement. But this means soon 2bx wont get anything other than his pension which he cant get for another 20 years.
Is this really likely ??

Sol said he felt I stood a very good chance of getting that based on my disability, earning ability, etc (all the criteria on the Matrimonial Causes Act) - against his earnings and lifestyle, but I am so scared.

I dont have any money, I cant risk losing but he seemed so sure ....

Anyone who can give me further advice I would be so grateful.

  • Fiona
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08 Feb 08 #13324 by Fiona
Reply from Fiona
I can't see anything wrong with what the sol has old you, but you need to remember this is the opening position and some flexibility might be required along the way.

  • attilladahun
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09 Feb 08 #13343 by attilladahun
Reply from attilladahun
Solicitors overview seems a resonable one Annie

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