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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.


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23 Jul 12 #344840 by maisymoos
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I have just reread some of your old posts. It sounds like the judge has stated 50/50 equity split. If you don''t want to risk paying costs I would go along with this.

Your eldest child is 18 in September so will no longer be a dependant. Your wife still has two dependant children living with her and will be able to claim child maintenance from you if she chooses to apply to the CSA.

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23 Jul 12 #344842 by delta123
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hope I hav sent enough details thank u for ur help this is helping me deal with my divorce better I wait to hear from u soon

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23 Jul 12 #344855 by delta123
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am still to hear a bit more based on the information that l have furnished pliz I don''t want to sound a nag just being happy someone is very helpful on here
Thanks

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23 Jul 12 #344864 by maisymoos
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Delta

Im not sure what more you need

I would say a minimum 50/50 split down the line on everything, you could try to retain your pension if its of very low value as the costs of sharing may be high and make it pointless. You could perhaps compensate her with a bit more equity for this?

What about house contents/cars etc, may be worth detailing what should happen to these. As assets are not high the distribution of chattels is probably important as there is little available to buy replacements.

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23 Jul 12 #344872 by delta123
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Yes contents hav not been valued by her or myself she however has only valued £3000 worth of collection n has a car worth more than £500 which I hav asked to b valued. My car is about £300 but am willing for her to take what she wants from the house wen it''s sold the only thing is we don''t talk at all never since 2yrs n thank u again for your help I am keen to make this offer this week including the issues you hav highlighted that need to b mentioned in the open offer together with the house

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23 Jul 12 #344880 by maisymoos
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Wording suggestion.

"Husband to retain his car (state make)"

"Wife to retain her car (state make)"

"General house contents to be divided equally as agreed by the parties. Children''s bedroom furniture to be retained by the parent that each child resides with "

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23 Jul 12 #344882 by delta123
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This seem to accomplish the purpose n I hope she is agreeable as there is no one being disadvantaged in this division of assets lastly would l need a Consent Order then after l have made an offer in this way which sounds very reasonable indeed? n thank u very much for ur help

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No-Fault Divorce £179

We provide the UK's lowest cost no-fault divorce service, managed by a well respected firm of solicitors. 


Online Mediation £250

Online mediation is a convenient and inexpensive way to agree on a fair financial settlement.


Consent Order £259

This legally binding agreement defines how assets (e.g. properties and pensions) are to be divided.


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Support for people who have to go to court to get a fair divorce financial settlement without a solicitor.