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Divorce settlement

4 replies

48wheaties · 13/10/2024 00:09

We've been married for 14 years, separated for the past 4 ,as STBXH left just after the first lockdown in 2020. I was happy that he left due to lack of intimacy, unkindness, physical and verbal abuse of our autistic son etc. When he first left I wondered whether we should stay separated, but he insisted on divorce for a clean break. The divorce has not been finalised because we cannot agree on a financial settlement.

This year, he bought a house, cash and moved 2 hours drive away. He sees the dc (15 and 17) once a month but they don't really want to see him. So I have them 99% of the time, all holidays.

Our joint assets are 3m . The house I live in is worth about 1.2m and my lawyer says that given the mental load of being a lone parent (both kids have school avoidance, mh issues, autism) I am entitled to his half of the house and a lump sum of at least 500,000. STBXH disagrees. For context i work part time in a professional role, which pays well. He doesnt work and lives off a capital lump sum investment.

Should i insist we go to court and quit stalling? It'll cost me £20,000+ but would it be worthwhile?

OP posts:
Cantabulous · 13/10/2024 08:42

Is he saying £1.5m each? So you get the house plus £300000?

Octavia64 · 13/10/2024 08:45

You would be expected to go to mediation before going to court.

Try mediation first.

48wheaties · 13/10/2024 09:04

Cantabulous · 13/10/2024 08:42

Is he saying £1.5m each? So you get the house plus £300000?

Yes, something like that. For context the Ex pays me £200/mtg maintenance which I understand to be the bare minimum.

OP posts:
Cantabulous · 13/10/2024 13:09

Hmmm. Your solicitor reckons you should go for the house plus £500k, ie £200k more than ex is suggesting. To get the £200k will cost you £20k (though I’d suggest you double that figure). The court process will be long and painful, and they will consider the fact you’re earning while he’s not. So you have to weigh up how much you value being guaranteed free of the tosser soon, against the fact he gets away with an extra £160k he clearly doesn’t deserve.

Only you can make that calculation OP.

For what it’s worth, I just wanted shot of my idiot ex. I was working (no support for the DC) and I knew I could support me and the DC so long as I had the house. I just wanted to get on with my life so I let about £200k go which I probably could have got if I’d stuck at it. Nine years later, I have absolutely zero regrets, and I had none at the time either. Freedom!!!

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