Im hoping to get some advice, guidance, opinions on what a likely outcome is based on my circumstances below.
Currently going through a separation. I moved out of the family home 2 years ago and currently trying to agree finances. Specifics are:
Married 10 years, together for 19
Two children, 10 and 8
STBX is 44, I am 38
Family home worth £415, approx. The house is above what she needs (large and extended 4 bed detached) but wants to stay there for the kids
£200k equity
£45k savings
I earn approx £220k
She earns £26k working part time 22 hours a week. Worked full time previously and works in healthcare so opportunities to move to full time are high. She refuses to work anymore hours, she works 10-3 and drops / collects kids from school (I do drop off 2 times per week).
£450k in my pension
£200k in her pension
We share the kids, 3 nights with me, 4 with her.
What is the likely settlement?
I've offered all equity in the house (so £200k) and £100k
pension share + chid maintenance at £1,500 per month. Her salary, plus CM and universal credit is more than enough to cover all monthly expenses. She'd have even more disposable cash if she worked more hours.
I thought this offer was quite generous tbh, but she and her solicitor want the above, plus £25k of the savings. I want to use it for a deposit on a house... I need to house me and my children.
She also wants to wrap the
child maintenance up in a global maintenance payment and add spousal maintenance into this too paid until the youngest turns 21 at the earliest. I want a
Clean Break and thought I'd achieve it with that offer.
Is she likely to get all of this if this goes to court?