Financial settlement - thoughts on this?

[frankie42]

After a year of back and forth my STBExH and I have come up with a financial settlement and I'd be so grateful for advice on whether you think this is fair and likely to get through court as I've lost all sight of it and cannot compute anymore!

Together 11 years, married five. One DC age 7 plus 2 older DC each from previous marriages.

No home, both rent.

My income:
30hr week job - £18k PA
UC - £15.5K PA
Child benefit

His income:
£81k plus annual bonus (£10k last year)
£? undisclosed additional income from side hustle (at least £10k last year) he is refusing to disclose his actual additional income, this is just what has been shown in the bank statements I've seen.

Pays £190 CM per month to me based on the band under 50/50 care and his £81k salary (not additional income)

Pensions:
Me - £5.6k
Him - one at £56k, another at £176k (this one solely accrued during marriage)

Debt
Me: £16k
Him: £25k

Proposal
Split £176k pension 50/50, keep other pensions (so his pension pot £144k mine £93k)
£100 pcm additional child maintenance to me until DC is ten, payable as lump sum of £3k
Each keep own debt and cars.

I cannot even think straight about it anymore - the undisclosed income is something I've had to accept I'm not going to get an answer on, he's said I've had enough from him but if it's going to get rejected for any obvious reason I'd rather not pay the court fee twice. I cannot afford anymore legal advice and know you guys aren't lawyers but would welcome thoughts!

Thank you

You should leave his pension prior you alone
split the other 50:50
start working full time and upping your income. No reason why not

there is not much money here to fight over, yes you should seek a legal opinion but I’d advise against spending thousands on legal fees here

it’s pretty straightforward
split the pension accrued during your rejationship
share children 50:50
both work full time

I don’t understand the child maintenance until 10. What happens after that?
What will this settlement mean for you? Can you afford housing for you and your 3 children? How are the debts so high when you had a good income? Is your debt really from your own personal spending?

They are doing 50:50 childcare
and 2 of ops children are not her current dh…. op will need to up her hours and increase her salary - although with the uc credit she gets is already on a gross salary equivalent of c 40k plus !

They rent , it’s in the first post

I always wonder about this. What if people just leave income sources / savings off the form ?
How can it be proved ?

Fair

With a forensic accountant if push comes to shove. They are expensive though and not worth it if you don’t suspect they are hiding a fortune. I would imagine though that if the other party is found to have been hiding assets they might be liable for the cost of the forensic accountant.

The only way OP can get him to fully disclose everything is by going to court and that would take 6-12 months. Nothing to stop him leaving things out if they’re trying to reach a private settlement…. She won’t be able to prove it one way or the other and the cost of investigating is probably not worth it. It sucks but I think that’s the reality. Surely better to avoid court, depending on how much the “side hustle” could be worth (and proved).

The capital split of the pension sounds fair to me.

not sure about the CM.

id just want it finalised to be honest.

Third paragraph

No home, both rent.