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jessi
Posted by
New Member

06 Jan 13 #373031 by jessi

Topic started by jessi

I''m making agreement with my husband to get the divorce based on two years and he is the one who left home with someone else. We have a 3 years old child. We are renting a house without having our own home. We have the following agreement, can anyone give me some idea of what do you think if this is reasonble?

1. He earns 50k but he only pays 15% child maintenance. Is that OK? He has no other child to support.

2. I have to buy a house and pay the mortgage which I think it would cost 1000 per months including bills etc.

3. We have an oversea property which we split half half and he has it.

4. I dont have car and he took his. So i have to buy a car and the insurance is 3000 for the first year!

5. I want him to sign that he will pay half of the tuition fees for my child which he refused. All he said is that he would make an effort to support.

Does this sound fair to me? I earn around 30k per year, but when considering the mortgage and child nursery fees etc, my monthly salary gone. So I am a bit worried..

Any comments would be appreciated..

WYSPECIAL
Moderator

06 Jan 13 #373043 by WYSPECIAL

Reply from WYSPECIAL

15% child maintenance is CSA rate for one child so is normal.

That would put you on similar incomes by the time you add in child benefit but someone may be able to advise if spousal maintenance is a possibilty for a while.

You need to post more details of assets for an opinion on possible splits.

meatavermurderer
Premium Member

06 Jan 13 #373046 by meatavermurderer

Reply from meatavermurderer

Jessi,
There are plenty people who would love to earn £30k and be in your postion. Why do you "have" to buy a house you''ve been renting before have you tried registering with a housing assiocation, Also do you really need a car?

Lostboy67
Moderator

06 Jan 13 #373070 by Lostboy67

Reply from Lostboy67

Hi
If you post the following details a knowledgable wikipeep may be able to offer some thoughts on a fair split.

Your respective ages;

The number of children you have and their ages;

How many nights the children spend with each parent;

The length of your marriage and any period of pre marriage cohabitation;

Your respective incomes;

Your respective outgoings;

Your assets - both soley held and joint;

Your liabilities.

The 15% figure is the standard CSA figure (may have changed a little now but its about right).
If you are buying a property you do appear to be ''reasonably'' able to raise a mortgage although you would also need a deposit up-front so that would appear to be your priority in the settlment. There is absolutly nothing wrong with wanting to own a property or for that matter earning 30k. You need to sit down and work out your budget and if your income can meet your aspirations. Sadly divorce is never great financially and usually ends up with both sides being worse off.

LB

Child Maintenance Options
Moderator

08 Jan 13 #373343 by Child Maintenance Options

Reply from Child Maintenance Options

Hi Jessi,

I''m Sarah the Child Maintenance Options consultant. In answer to your question about child maintenance, 15% is the correct liability amount to be paid for 1 child. There are allowances for your husband if he has your child to stay overnight (for a minimum of 52 nights a year). However, if you can both reach an agreement, then you can decide between yourselves how much child maintenance he would pay, and even what would count as child maintenance. For example, you could agree that a contribution towards your child''s tuition fees counts as maintenance. This is called a family-based arrangement, and many separated parents find that this type of arrangement is the easiest and most flexible way to sort out child maintenance.

In terms of monetary amounts, you can use the Child Maintenance Options calculator to get an idea of how much your husband might pay through the Child Support Agency (CSA), and then use this amount as a starting point for a conversation about working it out between yourselves. You can the calculator on the following link: www.cmoptions.org/en/calculator/calculator.asp

I know it can sometimes be really hard to talk to about money, but there is help available from the Child Maintenance Options Service. You can find tips and support at www.cmoptions.org, or you can speak to someone in confidence by calling 0800 988 0988.We also have a web application that you may find useful, it offers help and support to separating families. The link is: www.cmoptions.org/en/sortingoutseparation/index.asp

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

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