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Divorce/separation

Here you'll find divorce help and support from other Mners. For legal advice, you may find Advice Now guides useful.

It's a money thing

7 replies

girlsgonetame · 19/08/2019 14:47

If I needed to divorce my husband (which is looking likely at this point) what happens money wise?

To be blunt, he earns £130k per year and I earn £20k and I don't want to spend the rest of my life struggling financially with three children for something he has done to me (possible cheating)

OP posts:
girlsgonetame · 19/08/2019 14:48

Apologies if this is incredibly naive but I just don't know anything about divorce

OP posts:
NomDeQwerty · 19/08/2019 14:51

Go and see a solicitor. Get as much financial information as you can - salaries, what the house might be worth, pensions, savings etc. If you haven't told your H yet then see a solicitor first in case he starts moving money out of sight.

ourkidmolly · 19/08/2019 14:52

He'll (or you!) will pay maintenance depending on custody arrangements. You can organise that privately or go through CSA or whatever it is now. Is he on 130k through PAYE? What's the housing situation?

girlsgonetame · 19/08/2019 14:58

He is a director of a company. He officially earns less I think but then gets bonuses. We own our home worth £400k with about £150 left on the mortgage. Three children. Custody would probably be slightly more me as I work less hours

OP posts:
ourkidmolly · 19/08/2019 15:20

You need to see a solicitor as the other ouster advised and get copies of all relevant paperwork ASAP.

AMAM8916 · 19/08/2019 15:31

Hi. You have £250k equity in your home which, if I were you, would be asking for maybe a 60/40 split in your favour, you will also have a share in his pension(s) that he accrued during the marriage of 50% (or whatever you negotiate), you will also be entitled to 50% of whatever savings you have together or personally. This is all dependant on what you decide between you but these are basic entitlements to things.

He will also have pay CM to you if you are the sole carer.

I assume you put your career on the line and did all the stuff at home e.g. childcare, taking care of the home so he could advance his career and he's repaid you by cheating?

Get whatever you can because you deserve to give your kids as much as he can. What a pig if he is cheating

FMFL · 19/08/2019 15:37

Seriously don’t give your OH any indication you’re seeing a solicitor or taking/copying paperwork. You run the risk of him squirrelling money away.

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