Advice on likely outcome

Hi all,

I'm looking for advice on likley outcome of split of assests and child/global maintence please:

Your respective ages; Man 52, Women 46

The number of children you have and their ages; 16 (at 6th form) and 19 (at uni)

How many nights the children spend with each parent; 4/5 with wife 2/3 husband

The length of your marriage and any period of pre marriage cohabitation; 22 years. Women was mainy sahm has recntly gone back to work FT.

Your respective incomes; man: £220k pa, Women: £30kpa


Your respective outgoings; man: £7k per month, Women: 4k per month (estimated future income needs)

Your assets - both soley held and joint; proceeds from House sale:£518k. Man's pension: £300k. Women's pension: £15k. Man's shares: £50k after tax. (won't vest for 3 years)

Your liabilities. Man's debts: £72k. womens debts: £13k.

What do you think is a fair split of assest and potential global maintence payments please?

Thanks

Try to avoid global maintenance at all costs especially given the age of the children.

Only one child to pay child maintenance for and their already 16.

How much will a three bed house cost in your area? Where are you all living now as it looks like FMH is sold?

Why are outgoings so high? Long term how will female afford £4K per month outgoings when income is only around £1800?

Hi,
Thanks for the reply.
The fmh is under offer both still living together.
We live in a very expensive area and living costs are high.
The minimum a reasonable 3 bedroom house will cost is £450k.

You have a very high income so you’ll be able to get a large mortgage and be able to rebuild pension pots to increase tax efficiency so you would be better to give up the majority of the assets to minimise maintenance.

Have you spoken to any local solicitors who know the area and local courts?

Has your stbx given any indication os what they want?

How long are income needs expected to be £4K per month and why so high?

Thanks, The Divorce Calculator is suggesting a 70/30 split of all assets plus maintenance. Jus wondered if this is likely.
My solicitor and my ex's solicitor are miles apart on what they think is fair.

The 4k a month is because of the cost of a mortgage to bridge the gap as a small mortgage will be needed.(assuming that the equity in the house is split and all debts cleared) Plus travel costs, normal bills, pet care, costs for teenager etc.

I wouldn’t take any notice of the divorce calculator.
Obviously your respective solicitors will each be advising you of where negotiations should start. What is yours saying, as that is the reality check? What does your ex want?