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When is the difference significant enough to matter?

4 replies

AustinRd · 16/07/2020 21:52

Hi I’m looking for some insight into financial settlement, specifically at what point does a court look at the difference in Income and Pension and judge it’s significant enough to to impact the split? For example:
Monthly income £4K v £4.5k
Pension CETV £200k v £250k

I appreciate it’s not an exact science
TIA

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Familylawsolicitor · 17/07/2020 19:18

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Familylawsolicitor · 17/07/2020 19:19

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ElephantsAlltheWayDown · 17/07/2020 19:50

Not a lawyer, but I'm trying to figure out what's fair in my own situation and have been doing a lot of reading. It seems like the default starting point is a 50/50 split of assets, but if one partner has low earning potential then they may receive a larger share. In your case it sounds like you both earn enough to support a reasonable lifestyle for yourselves so I imagine it would take something else significant to deviate from a straight split.

AustinRd · 17/07/2020 20:07

@Familylawsolicitor thanks it’s actually me who has slightly greater income and pension and a significant chunk was accrued before marriage. The children reside with me 13/14 nights (long story to this it’s CO). CM is CMS minimum and equates to just over half what I contribute to children’s expense ( ie ex £500, me £1000 per month) Split of house could potentially net ex 250k+ on a 50/50 so more than enough to purchase a new home.
10y marriage and both have another 20y+ to work. I was hoping that we leave everything outside the property alone to keep it simple

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