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This is a UK based forum about divorce and related issues. Feel free to contribute. Your experiences or opinions may help others. The links on the left lead to basic information about most common divorce questions. The information opens in a separate window. You can use the search function to search the forum.
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Topic: Re: Potential financial settlement
Written By: Beerfund - 6 months ago
Forum: UK Divorce Forum
Ah ok - sorry for being a bit dim there! I guess I just don't understand how a court can order a maintenance payment for an amount that isn't being earned. So a court says pay x per month but current earnings are below x per month... What if you can't manage to get another job earning 100k?
Topic: Re: Potential financial settlement
Written By: Beerfund - 6 months ago
Forum: UK Divorce Forum
Ok thanks. What would the courts likely course of action be in such a situation? Also how would this effect the split of equity in the matrimonial home? What if the stress of the divorce would cause someone to switch to part time from full time?
Topic: Re: Potential financial settlement
Written By: Beerfund - 6 months ago
Forum: UK Divorce Forum
I'd be interested to hear how you get on! Whilst i agree it is probably hugely subjective, I don't see how you could be forced to change back to a higher paid role. If all kids were at school, could a judge 'force' the ex to take a part time job? Unlikely I would have thought.
Topic: Re: Potential financial settlement
Written By: Beerfund - 6 months ago
Forum: UK Divorce Forum
Reduction in stress would be a big driver - I.e the stress of going through a divorce as a man in the UK!! Just because someone has qualifications and experience, I don't understand how they could be forced to take a higher paid job. And who is to say you would actually get a higher paid job - it's very easy to mess up an interview Would a judge be able to put some kind of condition in place
Topic: Re: Potential financial settlement
Written By: Beerfund - 6 months ago
Forum: UK Divorce Forum
Bit of a left field question, but brain is working overtime trying to figure out the different options here... If I were to change career and earn a much lower income, e.g. stop working my *** off and get a job I would enjoy more and earn like 20-30k a year - how do you think that would affect a potential outcome? Even if I were to do something similar, but go part time and in an easier env
Topic: Re: Pension question
Written By: Beerfund - 6 months ago
Forum: UK Divorce Forum
Sorry - detail would help Married 8 years, three kids. I have pensions from different employers spanning 9 years prior to the marriage, then pension for the 8 years of marriage.
Topic: Re: Potential financial settlement
Written By: Beerfund - 6 months ago
Forum: UK Divorce Forum
Thanks that's very helpful. So if the house was sold now with that kind of split, then to allow her to buy another place outright, would I still need to pay her spousal maintenance? Because presumably she would need to pay her household bills in a new house - or would the selling of the house mean a clean break and therefore she would need to get a job to support her new property and life etc
Topic: Pension question
Written By: Beerfund - 6 months ago
Forum: UK Divorce Forum
This may be a silly question - but if I worked for several years prior to getting married and have pensions from these previous jobs, would my wife have a claim against them in a divorce? My simple mind would think not - as they are pre marital assets?
Topic: Re: Potential financial settlement
Written By: Beerfund - 6 months ago
Forum: UK Divorce Forum
Thanks for the feedback so far. Looking at some posts about mescher orders, the negative seems to be putting off the problem for the ex of rehousing at a later date. But with this much equity, that should not be a problem I would have thought. To buy a 3 bed house in the area would be a minimum of 450k. If our equity is about 600k (ish) then would a judge split this 450 to 150 in her favo
Topic: Potential financial settlement
Written By: Beerfund - 6 months ago
Forum: UK Divorce Forum
My marriage is not going well, and we are likely heading for a separation. Im nervous about this and want to get an idea of potential financial settlement We have three kids (1, 6 and 7). My wife used to work but stopped about 3 years ago as she wanted to stay at home with the kids. She now refuses to get another job. We don't have much in savings (a few thousand), but have a lot of equit
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