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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.

Separating & finances

4 replies

Hall84 · 08/07/2023 23:46

I'm hoping for some words of wisdom.
Currently looking like we aren't going to able to resolve our differences. DD3 and due to start school next September. A shared car. House that is mortgaged, fixed for next 3 years. I think tenants in common in equal shares. He put the deposit for our first house down. I now earn almost double his wage but previously was the lower earner. Once my wage increased he put extra into pension whilst I have covered the very expensive nursery years due to increased wage. I'm expecting to work another 30 yrs so scope to sort out my pension. And I have 'paid' the equivalent or more of the deposit into the pot to make up for it.
We both work full time. DD is very much a mummy's girl but I accept that the liklihood is 50/50 for that too. If we are able to go down that route will I be expected to pay maintenance? And/or is the expectation that we arrange & pay for childcare on our days? TIA

OP posts:
millymollymoomoo · 09/07/2023 08:52

If it’s genuinely 50:50 shared care then no maintenance due from either party and each would be expected to contribute to costs of child ( clothes, toys, food, nursery etc ) while with that parent. In practice I think often it doesn’t work out like that and one parent basically feeds their child while the other is left baring the burden of everything else !

if it’s 50:50 you need to set out expectations on splitting nursery fees

are you married or just partners- that could impact the house

millymollymoomoo · 09/07/2023 08:53

Sorry, and any child care fees on each day needed should be split too

Hall84 · 09/07/2023 11:27

Married for ~7 years, together ~ 9 years. (Sorry, vital detail missing!)

OP posts:
millymollymoomoo · 09/07/2023 11:50

In which case the tenants in common can be overridden in a financial settlement and you ( as couple ) could also look at equalising pensions

ie you need a complete financial settlement which looks at all marital assets and child arrangements and shares this - equal does not mean 50:50 financial split

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