Unfair asset split!!

I am preparing for judicial separation, which I hope will be amicable, after a 33 year marriage. My wife and I have discussed the financial aspects, and we were both happy to split on a 50/50 basis all capital assets, plus our personal pensions, despite my pension being almost 10 times the value of my wife's.

Neither of us wish to spend too much money on solicitors etc, but I was quite shocked, when I useed the Divorce Calculator on this site, to find that our capital asset was split 70% to my wife and 30% to me! Plus a 50/50 split of our pensions - can anyone illuminate me as to why such a large proportion of the capital, all of which I have accumulated, should be awarded to the wife??

Gary no one can calculate anything from your information

After 33 years of marriage clearly your W will get 50% of capital & pensions.

If there is a large differential in incomes then SM will likely be paid until the pensions kick in

The only reason the calculator appears to you overgenerous is it has presumably capitalised the SM aspect

Ages of H & W
Incomes of H & W?

Gary

The length of my marriage is 31 years and my solicitor has advised that the court will look to a 50:50 division of all assets.

My ex refused to make adequate pension provision for himself, so only has a fund value of about 15k. I have been told that I will be expected to top up his pension fund (pension sharing order)with a % of mine, to address the difference between our respective funds.

When determining the division of the assets, the court has to take into account a number of factors; these can broadly be viewed as the 'immediate and long term needs of you both'. I have never used the divorce caclulator, but to get a 70:30 split of assets, instead of 50:50, I am guessing that the figures you input suggest your wife has a greater financial need than you.

Thanks for your replies - particularly interested in what "wornout" had to say - the situation with me is reversed from yours, inasmuch as it is I, and not my wife, who has accrued by far the largest pension. As I am already in receipt of my pension, as indeed is my wife, (albeit hers is about 10% of the value of mine) we were both happy to split all assets and pensions 50/50 as our needs will be exactly the same after we sell our matrimonial home, i.e both homeless!.

I just had a bit of a shock when I saw the result of the divorce calculator - much relieved to hear the advice given by wornout's solicitor!

Gary it will be 50 50% Capital & Pension

When SM is payable depends on circumstances of the case.