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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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Split of equity

  • Listener
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15 May 12 #330788 by Listener
Topic started by Listener
Hi. Is there any precedent regarding split of equity for a jointly owned house? Someone mentioned 70/30 in favour of the resident parent with children? Thankyou

  • hadenoughnow
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15 May 12 #330793 by hadenoughnow
Reply from hadenoughnow
Percentages aren''t a very helpful way of looking at things. What really matters is needs and how they can be met from the available pot. This pot includes all assets - so savings, pensions etc all come into play.
Have a look at section 25 of the 1973 matrimonial causes act. This sets out what is considered when finances are settled on divorce.

Hadenoughnow

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