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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.


Divideing property

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22 Feb 08 #14789 by Macky
Topic started by Macky
After applying for divorce 5 months ago, my Ex has my 16 year old daughter living with him, this wasn't hard to coax her to do so as she loves being spoilt and stays where the money is, my Ex told me to leave after an argument caused by him as usual after me asking why he wasn't wearing his weading ring on his normal hand, after a heartbreaking cry him and my daughter just went out shopping and didn't bother to ask how I was, I had a bad feeling that there was something wrong, so I went to stay at my sisters with my now 18 year old son, we had little money and had no help from my ex whatsoever, he has the house and the business, after me saying I did not want to go back to him, he has now a new girlfriend which he is engaged to for at least 5 months, he denies this but my sister seen a congratulations card to my ex and his girlfriend on there engagement he has been going out with her for 8 months altogether, I wouldn't take him back after a lot of begging, so he found himself a similer modle also with blonde hair, :lol:I put down for adultry for grounds of divorce, he denied it on paper, then I think he was advised to go along with it and and is only admitting to adultry as long as there is no cost in the divorce proceedings to him which I agreed to, I have been told I have a share of the contents of the house but the house has been left in a trust fund by his now deceased mother and father, this was carefully palnned by his mother, this is how it go's when your son has been through divorce 18 years prior to mine already, look out wife number 3 :woohoo:, he has taken over the business which is fairly large home for the elderly, he has 54 percent share and 2 sisters 24 percent share, one sister was paid off as she was presumed trouble to them, this was over £100k, I have no savings and claim benefits and it supports me and my son, I have 3 loans and am struggleing to pay them off, and one which he decided to make me pay myself as he didn't think he should pay it, my ex has a new car, a grand piano, and done the house up considerbly, we had a large kitchen extention which he says he took out a joint loan for, I didn't sign anything joint for it.
I would be greatfull for any replys on what I would be entitled too from the settlement, he is of course like any one in this position, trying to weedle it down to very little, more outgoings than in If you know what I mean, a lot of guys think my ex is a snake for being like he is and not careing If me and my son was okay with no money, only the belongings he decided to have sent up and payed for the van that was his contribution.
Thanx in advance
Macky
:(

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22 Feb 08 #14806 by Fiona
Reply from Fiona
Oi, what's the matter with blondes? That's the third time I've felt insulted in a week. :huh:

The important thing with resolving finances is to be businesslike and neutral. You don't say who told you that you had a share in the house contents and not the property. The business will have a value but it's difficult to advice not knowing all the details but the starting point is to value all the his/her/jointly owned assets/debts (including pensions) before determining which, if any, are non -matrimonial.

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22 Feb 08 #14810 by Macky
Reply from Macky
:laugh:Sorry not having a go at blondes, I'm blonde,:lol:

My solicitor has cheked the house situation and I havn't any interest in it as they say.

I havn't got anything joint with him just a bank account which he froze 9 months ago and I don't use it anymore.

It was only 3 years ago he made the account joint after us spliting up 2 years ago and me asking him too, just so I felt that we was a proper family, it was only an account to which he paid bills etc:, I didn't work due to a bad back and did not pay towards the bills, I did have a bank account of my own and money for my sons DLA he told me to just keep it on my own and use it for things we needed shopping, furniture etc:
thanx

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22 Feb 08 #14814 by Fiona
Reply from Fiona
That's alright then. We blondes must stick together. :)

There is likely to be capital in the business and income for spouse maintenance. What did solicitor say?

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22 Feb 08 #14815 by Fiona
Reply from Fiona
That's alright then. We blondes must stick together. :)

There is likely to be capital in the business and income for spouse maintenance. What did solicitor say?

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22 Feb 08 #14816 by Fiona
Reply from Fiona
That's alright then. We blondes must stick together. :)

There is likely to be capital in the business and income for spouse maintenance. What did solicitor say?

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22 Feb 08 #14817 by Macky
Reply from Macky
My husband is trying to make it look like there is money going out of the business in paying for gas electric food etc: you know the score we are waiting for the valuation etc: I have had the copies of the business bank statements and such, but no sign of any settlement, I'm just scared I will come out with nothing after having to put up with a bad tempered miserable git for 17 I should be entitled to something, I walked away last time without even thinking about any money, but I was stupid and now I know I should get compensation from it.
I'm glad I don't have to spend the rest of my life with him even though I love him still and it killed me the last nine months without me and the family together, but I'm getting over it and trying to move on now.
Thanx for your responses.

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