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Hello and hope you can help

  • TizzI
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08 Jun 09 #122407 by TizzI
Topic started by TizzI
I was 60 last September and hubby dropped a bombshell on me 3 weeks later and subsequently left the marital home on the pretext of a 'trial separation' which has subsequently resulted in me petitioning for a divorce.

He is 52 and in full time employment whilst I only work part-time and am obviously of an age where retirement looms.

My question concerns the division of assets. My solicitor has advised me that I am entitled to a 60/40 split on the house as well as a 50% share in his pension (I didn't work until about 10 years ago since I was bringing up the children and so have very little pension provision of my own.)

Also, he is an only child of very elderly parent (87) and so will inherit their home in time. My solicitor has asked that he give me 25% of this inheritance which was supposed to be our pension although he has refused.

Because he has not agreed to my solicitor's terms it looks likely that this will now end up going to court which will cost us both plenty!

Recently he has said that he is only willing to pay 50% of the mortgage and endowments. I am unable to pay the remaining 50% and would like to know what the likely outcome of this will be. Will the building society send in the bailiffs?

Has anyone else had experience of either of the above circumstances and what has been the outcome.

Your response would be very much appreciated.

Tizzi

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08 Jun 09 #122425 by Tets
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Hello Tizzi welcome to wikivorce. In order to answer your questions you need to read this post and then start a new thread with the answers here finances are resolved on a needs basis and I'm pretty sure that an inheritance wouldn't be considered unless it was imminent.
Tets

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