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Yes, it certainly does make sense to secure as much as I can now..
One benefit of receiving a pension share would be that I could draw on it from age 50 if I needed to.
When my daughter goes to university (I'll be 52) my benefits will drastically go down as I'll no longer be entitled to the child element - so this is the period that I'm most worried about. Even working part time, my net income will be in the region of about £700 per month (£500 pay and £200 UC) That's barely more than the state pension!
My solicitor was saying that at this stage I should receive spousal maintenance.
My ex has said he will support our daughter through university. So I doubt he'd be in a position to pay much more than £300 spousal maintenance..
Now this would be fine if WTC was still in place as it would take my income up to £1000 per month - probably more as WTC is more generous than UC.
Under UC though, it would only add £100 to my income. (the £200 UC would be withdrawn) £200 per month difference doesn't sound much, but it is when it would be the only disposable income I would have. At age 52, I don't really want to be in a position that once I've paid my bills, and done my weekly food shop, I have absolutely nothing left over! And yet if I had taken my solicitor's advice - that's the scenario I would have been facing.
Thank you Wyspecial for this advice.
child maintenance to be set relatively high (£900 p/m, instead of my original proposal of £500 CM and £400 SM)