Sorry - this is a long one, but here goes. My situation is complicated because my estranged spouse, is a British National non-domiciled who now lives overseas and his company pension is administered in the Channel Islands, has now made the decision not to honour our 'gentlemen's agreement’ (just made between ourselves at the time of our separation in 2006) of dividing his company pension 50:50, he was already claiming his pension as he had taken early retirement.
At the time of our separation we amicably divided all our assets 50:50, which we had valued at the time and both accepted those valuations.
During his 30 year overseas career, I was a dependent spouse accompanying and fully supporting him as his career took him to various different countries, where for the most part it was stamped on my Visa I was "not permitted to work", although I was able to do voluntary work. I did not build up a private pension pot of my own.
I am now 66 and have made my financial plans since our separation based upon receiving 50% of this pension.
We've been together since I was 16 and I was 21 when we married in 1978 and we separated in 2006 but are still not divorced.
He has said he cannot afford to keep paying me the agreed 50% of his company pension and he now wants to file for divorce.
He has already, with a week’s notice slashed my monthly share of the payment by more than 60% leaving me in a financially vulnerable situation.
As he is now living overseas and his pension is administered in the Channel Islands I think the multi national nature of this case will make it difficult for me to contest and to get a Financial Settlement that will be enforceable.
I currently have a very modest income and some savings.
I am terrified of getting involved in a legal case that I won’t be able to afford and if I don’t get awarded recompense it would eat up my savings and have a very negative effect on my life as I move into old age.
I have contacted some law firms that would be able to deal with the international elements of the case but the hourly rates are way beyond my budget and they have approached it saying what an ‘interesting’ case it would be, which I read to mean could take years and cost hundreds of thousands, which is just beyond me.
I would be enormously grateful for any amount of advice/help/direction. Thank you.