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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.

Form E and employment

4 replies

thirtyseven37 · 11/06/2024 22:18

Do I put my current employment with very low salary, or shall I wait and complete the form in September when I shall start new job and have a good salary?

Also, STBXH is saying that our shares in his company are worth nothing as the company isn't worth anything (2 or 3 years old). This doesn't sound right to me.

OP posts:
unsync · 12/06/2024 05:20

You do it as it stands currently, it can be revised if needed later. Private ownership companies are tricky to value and will need a specialist accountant to value (that was the advice I received).

handyandy1 · 12/06/2024 09:29

You will need to appoint a single joint expert to value the business - most solictors work with them and can propose three. Then you and your H agree on which SJE to use. Its around £2K on average, bu definitely worth it, as although as PP says they are difficult to value, it will have a value that you will be entitled to.

thirtyseven37 · 12/06/2024 17:37

Thank you. Sounds very confusing. I thought my STBExH would buy my half of the shares from me but he is saying they have no value so what's the point.

OP posts:
ragdoll12345 · 12/06/2024 18:06

Normally you have a date by when you have to file the Form E, so you should abide by this - you could give your current salary and maybe * that it will change in September. If you dispute the value of the company/shares the Court can appoint an expert to assess the value (usually the cost of this expert is split between you)

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