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What are we each entitled to in our divorce settlement?

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The four basic steps to reaching an agreement on divorce finances are: disclosure, getting advice, negotiating and implementing a Consent Order.

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Going into retirement

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rugbyref1509
Posted by
New Member

07 Oct 24 #524315 by rugbyref1509

Topic started by rugbyref1509

I have a question, and would like opinions/help/advice please.

Current situation....

Divorced in 2003

Wife got house and some of my assets.

I got nothing

Clean Break agreed.

Spousal maintenance set at £700 per month for life.

As work situation changed in 2011, this was reduced to £300 per month.

I am going into full retirement at the end of 2024.

Can I apply for the £300 per month to be ended, as my only
income will be the state pension?

I also have a fully owned house (no mortgage) bought over the past 20 years
as I built up my life again, and a personal pension.

I am presuming my house and pension cannot be used as assets
as we had a clean break at the time of divorce and I can't have
any claim on her house. Is that right?

I have been advised that I need to complete a Form D11
if I want this to go back to court. Is that correct?

Thank you for any advice.

WYSPECIAL
Moderator

07 Oct 24 #524316 by WYSPECIAL

Reply from WYSPECIAL

You can apply to court but if you have a personal pension how come your only income will be state pension?

If SM was payable it wasn’t a clean break. Did the order take into account that your income would be reducing so much in retirement?

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Moderators: wikivorce team, rubytuesday, dukey, hadenoughnow, Tets, Shezi, Linda Sheridan, Forseti, Mitchum, WhiteRose, Lostboy67, WYSPECIAL, Bubblegum11

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