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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.

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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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establishing residency

  • sheiladubai
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03 Mar 08 #15641 by sheiladubai
Topic started by sheiladubai
I plan to return to the family home in the UK with my 12 year old daughter having separated from her father.

We have lived in the Middle East for 3 years but need to return for the emotional support of family and friends.

I feel that my daughter needs to return to familiar surroundings to regain some stability.

Also I am not sure if the law has changed regarding this but when I married my husband 14 years ago I owned my own home and sold that to buy a home together. Will I entitled to my initial investment.

We also have offshore pensions together which will have to be frozen. Would my husband have to continue this for me as I gave up a job in Local Gvernment with a pension to start a new life with my husband in the Middle East.

The decision to end the marriage was not mine.

  • DownButNotOut
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04 Mar 08 #15757 by DownButNotOut
Reply from DownButNotOut
shelia,

you had a long marriage so who put what initial investment in is not a major factor.

You will very likely get 50% of the current assets. This includes everything that you or he own (including pensions) regardless of whose name those assets are held in.

It is all put in one big marital pot and shared out according to needs. If you are going to continue to care for your daughter then your needs will trump his...so you could even get more than 50 %.

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