Is it true

[brownbeauty80]

That a large amount of money actually arrives in the bank account from a divorce..?
I am struggling so much getting my head round this part...

What?

Can you explain a bit more OP?

No.

Yes. Big money. Huge.

🙄

Like the sale of a home.. or the split of the business.. or spousal maintenance...

If you are in the UK spousal maintenance is incredibly rare.

I wish..

Well if you sold your home or your ex bought you out of the business then I guess it would arrive in your bank account.

Where else would it go? 😳

Well, that would be nice, wouldn't it? It would only happen if, say, your XH bought you out for a set amount of money. It would go into your bank account but then you'd have to find somewhere to live (presumably, if the money came from a house sale) and buy furniture, maybe a car, etc. Not many people are rich after a divorce.

That's why so many people wait until they've met someone they can move in with before they file for divorce.

It depends.

if you sell your family home for 1m, the agreed split is 50:50, then yes, a large chunk of money (500k-whatever fees) will hit your bank account and your ex’s.

if you’ve got no money, or a different asset split is agreed e.g wife keeps family home as kids are young and a sale won’t fund another home- then no, no one’s getting any large sums deposited in their account.

LOL, who has told you that?
Do you realise it makes no sense whatsoever right ? Do you still believe in the Easter Bunny?

You only get half of what the marriage already has really but it might be more liquid than before if things were tied up in property. It could be less liquid though if pension sharing is involved.

It rather depends on the marriage!

I don't really understand the question. Divorce isn't magic. Money doesn't appear from nowhere.

If a married couple own a house or share a business and savings then these will be split by agreement or by court order.

So yes a party who had no money may receive money to buy out their share of a house or business. But only if there is a house or business or other assets in the first place.