I recently posted for advice on reaching a settlement re finances without going to court. Received some great advice. Thank you.
I was hoping to hear from people who remained amicable with their exes and reached agreements re childcare and finances without going through mediation or to court.
In brief, together nearly 2 decades, married 5-6 years, 2 children in primary school. Both working FT, paying into pensions for at least 15 years. Husband earns significantly more than me and also inheritance a sum of money following death of a parent earlier this year. We jointly own a house with a mortgage. Significant capital in the property.
I understand the general starting point for division of assets is 50/50. I also understand that husband’s inheritance may/may not be considered a marital asset. However with this inheritance he would be in a position to buy me out at 50/50 split (possibly a slightly higher proportion for me). I would not be able to buy him out at 50/50 split.
At this stage husband is stating he wishes to split childcare 50/50 which is interesting given his excessive working hours (partly the reason for the breakdown of our marriage but I get that’s irrelevant). He has suggested 50/50 split of equity on house. Inheritance is in his words ‘off limits’ but he is willing to pay some maintenance given that I earn significantly less.
I am hoping to keep things amicable and I’d like to be able to move on as quickly as possible.
Is my husband’s suggestion reasonable? It seems so to me on the face of things. I’d be able to buy a smaller house but one that would accommodate me and the children. And I envisage that I would be able to get by really. However lots of people keep advising me to make sure I get what I’m entitled, don’t agree to anything yet, see a solicitor, consider the longer term, the likelihood that I’ll be doing most of the childcare etc.
Is this really necessary..? I can’t be bothered with the drama but I’m worried that I’m going to do me and my children a disservice...
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Divorce/separation
Reaching
42 replies
Minionmomma · 20/10/2019 12:37
OP posts:
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