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Financial arrangements

  • klb
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12 years 6 months ago #17274 by klb
Financial arrangements was created by klb
My husband has requested we split up. I have agreed.
We married 3 years ago and I brought two houses into the marraige and bought the matrimonial home in my name by remortgaging my first two.
With his former home he purchased a property in his own name.
He is now claiming half of all four properties.
Before I respond, does he have a legal entitlement to my three?

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  • phoenix1
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12 years 6 months ago #17275 by phoenix1
Replied by phoenix1 on topic Re:Financial arrangements
I was married for 3 years and had my own house, Wife moved into my house dropped her knickers and had an affair and walked away with 50% of it.
Something seems unfair there but I can't quite put my finger on it.

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12 years 6 months ago #17278 by klb
Replied by klb on topic Re:Financial arrangements
great. life eh??

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  • kidsinbulgaria
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12 years 6 months ago #17391 by kidsinbulgaria
Replied by kidsinbulgaria on topic Re:Financial arrangements
Division of matrimonial / non-matrimonial assets.

Here is a case with some similarities to yours:-

- relatively short marriage
- 5 properties (some brought into the marriage by each party)
- no kids involved, not sure if that is you case or not

www.ambrose.appelbe.co.uk/Shortmarriages.htm

In summation, the Judge said that the parties should return to the position they were in before the marriage.

Hope it is of help.

Mike

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12 years 6 months ago #17395 by Fiona
Replied by Fiona on topic Re:Financial arrangements
In the more recent Miller case there were no children and it was said in many ways a short marriage is just as important as a longer one in relation to equality and matrimonial property. However, the judgment continued that departing from equality may be more appropriate the shorter the marriage and may depend on the nature of the property. Under the sharing principle the wife was entitled to some share in the assets, including the increase in value during the marriage. Melissa Miller was awarded £5million out of the £17.5million fortune of her husband.

See Miller v Miller : McFarlane v McFarlane [2006] UKHL 24;

www.familylawweek.co.uk/library.asp?i=2047

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