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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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Stop the Madness. Renting an expensive property

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22 May 12 #332270 by cookie2
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Ah, in that case, the lump sum will definitely be gone by the time the Consent Order is signed. So if he made a claim then the lump sum you gave him would simply be gone. It would not be factored into the negotiations and it''s likely he would get another bite at the cherry.

It is possible he would get equity to cover post-separation debts although it is more common for a wife to get this than a husband. It all depends on the facts and figures. He would presumably base a claim on needs, his need for a house say for example £10k, if he has debts of £8k and solicitors bills of £3k then it''s possible you could end up having to give him the whole £21, EVEN IF you''ve already given him say £6k for 12 months rent!

So really, do not do this until you have a Consent Order signed and sealed by the court.

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22 May 12 #332289 by cookie2
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humdrum wrote:

Lanldords don''t generally need more than 2 months rent in advance.

Yes they do, if the renter has no job. It is not unusual to ask for 6 or 12 months rent in advance.

He is going to have to learn to be more independent though, so don''t be too generous. Sometimes the ones you help end up stabbing you in the back as soon as they can even if all seemed amicable at the start.

Yep, got that right!!!

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