Working out finances for when we split... have I missed anything?

[TitsalinaBumSquash]

Help me here ladies, I am trying to divvy up everything between me and uh dp? (I don't know)

Anyway currently i have got..

Shared bank account, he says he will open new one and take himself off the joint.

Shared loan payment, he is going to set up standing order into my bank to cover his half.

He is taking over his mobile phines, I already have mine in my name.

I will take over home phone account which includes broardband but might see if I can cut it down to a lesser package.

Sky is in my name but I will again cut it right back to make it managable.

I will keep the Car if I can afford to insure it, if not we will sell it and split the profits.

We have no savings or anyhting, he will keep his wages, I will be on benifits until DS2 goes full time at school in September so will have to inform tax credits and claim income supprt and housing and ouncil tax benifits.

Gas and leccy allready in my name... ditto water... is that it? What have I forgotten?

insurances? car, house/contents, life

Pension

We don't have house/life insurence we have car paid up for a year, then its currently in his name with me as named driver, I will see if I can afford to insure it after the year if not I will have to do without (somehow?) I am a relitivley new driver with an accident under my belt, its not going to be cheap!

if he is moving to a new address you would need to change contact details for school records
doctor and dentist? will he need to register somewhere else?

No pension either, DP work, gets paid, thats it no frills.

whose name is the car registered in?

Hopefully he will saty in area but yes change address with dr/dentist and with ds's schools.

Do you pay council tax?

Car in his name, will have to change that to. Thanks this is helping im writing it all down!

I pay council tax at the moment but will get full council tax benifit when he moves out. I will be seeking emplyment in September when my youngest goes to school, I have literally today finished my English and Maths level 2 qualifications so hopefully they might help.

Would he be willing to keep the car in his name and with you as a named driver.
Me and my (d)p (who has now moved out) are doing this, I wouldn't be able to afford the insurance otherwise.

Im not sure, I will have to ask him. It wont be for a year though, Hopefully I can save up enough in a year to pay another year all out once.

Print off the last years bank statements and write down everything that goes out, my water is paid monthly, sewarage quarterly and AA membership yearly. The AA always catches me out!

Go to the CAB (or go on line but I don't recall the name of the website benefitchecker.co.uk perhaps) and get a benefits check done.

He will have to pay you Child Maintenance. For 2 children this is 20% of his net wage at CSA rates but you don't have to go via CSA if you trust him, and there is nothing stopping him paying more.

If his income is higher than yours (include CM and benefits) then you may be eligible for spousal maintenance as well. This will hVave to be negotiated with him or fought for during the divorce process through court.

Now most importantly mortgage or rent?

TV license

Sorry just saw your other thread, you are not married so ignore part about spousal maintenance.

Looking at his wage he also needs to claim for housing and council tax benefits unless he is moving in with parents.

here is a good site for checking your benefits, and you can put in various incomes so use it when you are looking for work to see how benefits change depending on what you earn
www.entitledto.com

Make sure he takes his name off the joint bank account as he could empty it of money and you would have no recourse - but then so could you...you are both entitled to the money and both responsible for the overdraft whilst it is a joint account.

Equally you are both responsible for the loan repayments so it might be worth paying it off when you do the final financial settlement. He might agree to pay half now but if he changes his mind you will have to pay all of it.

Good luck