Finances of divorce

[Mamawarrior]

Needing some advice

Entering into the financial end of my divorce at the minute. I have the children full time. Ex takes them a few hours a week. No set overnights unless he’s in a good mood and decides too. What will could our finances be split with house? I’m hoping 70/30 if not more?

Anyone?

Too many variables.

What you each earn, what you need in order to provide a home for the DC.

Pension and equity in house.

Anyone who provided figures would be guessing. A lot more information is needed. You need to see a solicitor.

I know anyone would be guessing...just wondering how anyone else’s were split when mother had children full time.

Either has no pension. I work part time and he has own business

There's too many variables. Depends on the age of the kids, your ability to work full time and earnings (you could be part time and earn more), his business and how its set up, what his earnings are from it, ability to for you both to house yourself. Then how much equity there is and what it will realistically provide.

And loads of other things I probably havent thought of.

We split ours 60/40 in my favour for a clean break (adult kids but one with special needs he pays voluntary maintenance for not subject to a court order) if younger I would push for more. I bought outright with my share, could you?

@gogohm

We split ours 60/40 in my favour for a clean break (adult kids but one with special needs he pays voluntary maintenance for not subject to a court order) if younger I would push for more. I bought outright with my share, could you?

Hmmmm depends on how much the house is valued at. My kids are 7, 10 and 18. I have a Solictor dealing with it but he’s a bit useless and I’m thinking of changing as this next stage I need him to be really fighting my corner.

You might as well ask:

"I have a headache. Do I need brain surgery?"

I'm in the same boat, kind of. I have sought a court order after 2 years of trying to sort it voluntarily (unsuccessfully, as ex won't disclose the true picture of finances)with the help of solicitors. I would seek legal advice, they will run through your essential needs as well as your lifestyle and discretionary needs and try and find a path that's reasonably worth asking for. Remember mediation and hybrid mediation is always worth trying depending on how you and your ex are able to communicate on these good luck 😌

I agree with all posters

Other considerations
your18 year won’t count in your housing needs
Your other children are old enough where you’ll be deemed able to work full time

your solicitor who knows the details but have given you a view on what a settlement ( or range of) could look like? What have they said ?