My wife and I are going through a divorce. In terms of dividing up furniture, cars etc. are we entitled to 50% each, independent of our incomes? I assumed so but have just learnt that our financial assets will be split 60:40 in her favour so wondered if the same might apply to property.
There''s no straight answer to this. Depending on various factors, the settlement could range between 50:50 to 70:30. Have you had any legal advice on this yet? You say you''ve just learned - who told you?
When I used wikivorce''s Divorce Calculator it split our financial assets 60/40 in favour of my wife, something she had suggested would be the case. My income is about £60k and hers about £25k - does that explain it? Would the same split apply to property?