Please can someone tell me who has any knowledge on what would likely happen if this went to court. Married 6 & half yrs.
After debating the following is what he has now suggested;
I have 20,000 debt (mostly due to him)
My pension worth 20,000
I earn 19,000
3 kids 1 his is age 7
He has savings 15,000
Pension worth 47,000
He earns 56,000
Our house owned tog has approx 134,000 of equity.
My suggestion was for 75%/25% split to be paid based on house price now, but paid when youngeat leaves education. Plus £150 spousal maintenance until son reaches 13. Then can increase my hours as I do shift work no local family.
He originally said a 60/40 split now has come back with this;
70/30 split no spousal maintenance paid as stated above.
Or a 62.5/37.5 split plus 5% salary spousal maintenance until son is 12.
I feel that these are fair but just after anyone who is knowledgeable in this areas advice.
I have a mortgage agreed in principle to take on the rest of the mortgage in my name which he also wants.
Thanks in advance