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What are we each entitled to in our divorce settlement?

What does the law say about how to split the house, how to share pensions and other assets, and how much maintenance is payable.

What steps can we take to reach a fair agreement?

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

What is a Consent Order and why do we need one?

A Consent Order is a legally binding document that finalises a divorcing couple's agreement on property, pensions and other assets.

 

Divorce options, just agreed to 50/50 split from house sale not savings help?

  • Wilkesy
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22 Dec 24 #524790 by Wilkesy
Topic started by Wilkesy
Hi me and my wife have agreed to split up after been married for a two years. We’ve lived in our own home for 6 years. We have agreed to live in house together whilst we sell it. There’s is zero animosity and we’ve broken up an amicable way. We’ve just agreed to split the house sale 50/50 and this no savings involved from either is us so a financial order isn’t necessary. Iv noticed you can do everything directly through .gov website for £600 and you don’t solicitors to be involved and again we don’t feel the need at the moment as again we’re getting on.


We can’t afford a divorce until we sell the house. So as soon as we get the money we’re splitting it down the middle from what we’ve made then we can go through with the divorce. Is there any forms or letters that we can to sign to agree that we are only splitting the house sale and that’s it so not including saving accounts ect… as a financial order seems to want everything or is a financial order based around what we’ve discussed if we get a solicitor involved to do everything ? I received a bonus from work and she’s already said she doesn’t want a penny of it but if we did a financial order won’t she get 50% of that or again can we tailor a financial order ?

no children involved. Also just a thought after selling the house to be able to go half's on the divorce they'll be no assets to split but is there any orders or drafts we can agree to put in place so we can't reach out later down the line in the future to get money like from savings ect...

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