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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

AIBU advising friend

6 replies

FantaIsFine · 04/06/2016 20:40

I'm convinced marital assets and debts are equally liable/splittable. She has been advised otherwise. Any advice?

OP posts:
RainbowsAndUnicornss · 04/06/2016 20:46

I think 50:50 is a starting point but no, that's not how it usually ends up ime. It's based on many factors. Is childcare 50:50?

TrollsAreCunts · 04/06/2016 20:46

It depends. How long have they been married? What country are they in? Are their children? Was there a pre-nup?

TrollsAreCunts · 04/06/2016 20:46

*there Blush

Junosmum · 04/06/2016 20:49

Tell her to get a solicitors advice! It depends on a number of circumstances, including length of marriage, kids, whose name they are in, pre or post marriage, who paid, etc etc. It isn't as simple as each is entitled to 50% of everything.

FantaIsFine · 04/06/2016 21:46

Apologies that was poor starting data, I didn't think. Married 10 years, 3 kids, living together rented but equity from last house currently in savings in one name, debts accrued on credit in other name unsure of exact amount but not insignificant. No prenup and no whopping assets either side other than the property equity.

OP posts:
dillydotty · 04/06/2016 21:49

All of it would go into a pot, the savings minus the debts, to then be divided between them. The resident parent is likely to get the majority of the assets.

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