Any thoughts of what I should do??

My wife wants to keep the house (£155K), equity (£95K), half my pension £15K
She wants me to keep paying the endowment £110 per month, and give her £800 maintance?
CSA calcultor says I should be paying her £444?
all she wants is to pay me £17K and thats it
also want to force me out of the house

Hi Gareth

I can't help I am afraid - I just wanted to say that she really does want it all doesn't she.

You know, I wish some of these exes would stop and think how they would feel if someone was treating them like they are treating the other person.

I am a great believer in Karma - what goes around comes around.

I was divorced many years ago and my feeling has always been that we were both entitled to build a new life for ourselves. You cannot punish someone for no longer loving you - you could always find yourself in a similar situation in the future.

Hope I made some sense - even tho I didn't help!

Ness

thanks for that. at the end of the day i would be have with about £30K and let her have the house which when you think she would still only have a mortgage of £90K with 60K equity and I would be startin out with another mortgage, so much for finishing work early in life

Gareth

Need a bit more info

Yours and her income (nett of tx, NI and pension)
Length of marriage
Age and number of children
Yours and her pension
Any other significant assets over £500
Any debts (personal or joint)

On the surface, the words 'cake' and 'eat it' spring to mind. If you post some more info, someone will hopefully be able to give you a reasonable idea of a fair outcome

Mike

my income 46K
her 0K she could work but hasn't for nearly 3 years
married nearly 4 years together nearly 12
2 aged 2 & 7
my pension £31K
her minimum as she didn't want to pay into it
endowment policy approx £12K
house about 95 - 100K equity
no debts, I have paid off the two cars and credit cards

any help would be great

Gareth
OK, married for 4 years, together 12. Counts as a long marriage. Starting point is 50:50

Guessing at your age as being 41 - still quite young, 24 working years left. Assume wife to be similar age. Children quite young - 2 and 7. Will require care for another 16 years min. Would not be reasonable to expect wife to return to work until youngest of school age. 3 years

You earn £46K - Straight away, child maintenance of 20% - £9,200 - £766 per month (assuming 46K nett of tax ni and pension)

Asset pot:
House £95K
Endowment £12K
Pension £7.75K

Total £114.75K

(Pension - for asset splitting purposes take 25% of CETV - £31K)

Starting point 50:50

She has children's housing needs to consider. Also unable to work full time.

Maximum I would expect would be 75:25 in her favour, to include an element for spousal maintenance for her until youngest starts school.

£86K : £28K

That doesn't even equate to house equity. She would have to buy you out to the tune of 9k. THat assumes that you kept the endowment and your pension intact.

So yes - she is having a bit of a laugh.

Only my viewpoint - others may see it differently. Hope it helps gareth. Best of luck

Mike

Thanks Mike, has anyone else got a view?