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Mumsnet has not checked the qualifications of anyone posting here. If you need help urgently or expert advice, please see our domestic violence webguide and/or relationships webguide. Many Mumsnetters experiencing domestic abuse have found this thread helpful: Listen up, everybody

Seperation - advice on financial order

4 replies

HenryHorse1 · 11/02/2024 10:24

Hello wise people, I have separated with my H, he has finally moved out. I am keen to get the ball rolling with the financial order so I know that my son and I will have a secure future. I have planned some time in to research the process (I have very little childfree time - son doesn't want to spend time with dad) but am hoping you guys could give me some advice.
some of my questions:
What is the process?
Likelihood of getting a 60:40 split, husband at fault, I took massive sacrifices for our son, took a lot of time off, changed career to be around for him, which meant a huge salary drop. I supported husband whilst he changed career and retrained.
Due to STBEXH work, he will not be able to have his son very often (and I can also see that son will be reluctant to spend time with him so its going to be a really slow process)

any advice anyone can share? Thanks wise people

OP posts:
millymollymoomoo · 11/02/2024 10:31

% don’t mean anything

fault is irrelevant

any settlement will be based on

assets available
needs of both parties to house themselves and children
earning potential ( not necessarily what you earn today)

the principle will be to aim for breaking financial ties as swiftly as possible

people on here will always say primary carer can get more… but that’s not the case especially if 50% provides for needs.

eg 60% of 100k vs 50% of 1m

HenryHorse1 · 11/02/2024 10:35

Thanks @millymollymoomoo

so do you think I should go down the 50/50 route for swiftness and likelihood of agreement?

I will be main caregiver and my earning potential is limited due to being said caregiver, I can only work school hours, STBEXH works a lot of hours as he doesn't take on any childcare responsibilities, and as such has great earning potential

Do you know the process for getting this started? Thanks

OP posts:
HenryHorse1 · 11/02/2024 10:52

Thanks @CatherineAnn

Following Abigail foster now!

Good advice, I want to do all the 'leg work' so that legal fees are kept to a minumum

thanks

OP posts:
millymollymoomoo · 11/02/2024 12:19

No, I’m saying you need to understand the assets available

you need to understand that fault is irrelevant
you need to understand that you’ll be expected going forward to look after yourself

that you’ll need to accept both parties will be worse off
that a long marriage counts more than a short one
that your ages are relevant
think in terms of needs and what’s actually available
don’t spend 20k arguing over 10k

and % are less relevant than the assets £ available eg, heather mccartney did not get 50% or anywhere near, even though she had young child. She did however get something like 20m a tiny %. I know people who got 80%_ but out of a pot of 40k.

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