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Divorce preparations

4 replies

NeverEverAgainIwill · 13/06/2024 11:06

I'm seeking guidance as my marriage is deteriorating. I'm not listed on the mortgage for the property we bought after marriage, nor was I on the one for his pre-marriage flat. He owns a business, and I have no claim to it either.
Could someone kindly provide a brief overview of the steps I should take? I plan to consult solicitors and mortgage advisors once I have a clearer understanding of what's required.
I want to separate but need to organize my finances first as I'm currently unemployed, having had a long break. I am 42 with a masters. Any advice would be greatly appreciated.

OP posts:
prh47bridge · 13/06/2024 11:22

As you are married, the fact you are not on the mortgage is irrelevant. If the business has any value, that will also go into the pot to be divided between you. If your marriage has lasted 6 years or more (including any time you spent cohabiting immediately prior to marriage), the starting point for a financial settlement is a 50/50 split, although various factors can result in you getting more or less than 50%.

Unless you think he is going to try to hide assets, your priority is to see a solicitor.

NeverEverAgainIwill · 13/06/2024 13:14

Thank you for your help. I really appreciate it. He is quite sneaky. I wouldn't put it past him. I wish I had not given up my career for this marriage set up.

OP posts:
nearlysummerhooray · 13/06/2024 13:15

Do you have kids? And if not why did you stop work?

NeverEverAgainIwill · 13/06/2024 14:28

I have got a child. I was new to the country and didn't have any help. It was an understanding that he would work & I would look after the child/ home. I had several PND which went undiagnosed. I have felt over the years he absolutely under values me & takes everything I do as for granted. Here I am now after 14 years of marriage. I feel helpless beyond measures.

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