The UK's largest and most visited divorce site.
Modern, convenient and affordable services.
We've helped over 1 million people since 2007.

Click this button for details of our

email, phone nbr and free consultations.

How To Contact Us

CETV - it's actual worth when offsetting?

Start
Prev
1
Next
End

12345678987654321
Posted by
New Member

23 Aug 17 #495786 by 12345678987654321

Topic started by 12345678987654321

Hi,

A few posts on this forum have mentioned about CETV valuations being 'reduced' to 25% when pensions are being offset against material assets, such as a house or car or other savings.

Can I ask, is this correct?

If a CETV valuation is £100k, do you use the £100k value to offset, or is it reduced to a 'cash value'????

Any advice would be welcome.

Thanks.

.Charles
Platinum Member

23 Aug 17 #495791 by .Charles

Reply from .Charles

It is true that a pension fund is not as valuable as cash as it is not 'spendable'.

However, the 25% benchmark comes from a case of Maskell v Maskell and not considered as a good rule of thumb.

The percentage will vary depending upon how old the parties are and the type of pension.

A rather helpful old post from a regular contributor is still valid and might assist www.wikivorce.com/divorce/Divorce-Advice...nd/Page-3.html#60871

Charles

12345678987654321
Posted by
New Member

23 Aug 17 #495792 by 12345678987654321

Reply from 12345678987654321

Thank you, Charles.

That's very helpful.

Start
Prev
1
Next
End

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

Do you need help sorting out a fair financial settlement?

Our consultant service offers expert advice and support to help you reach agreement on a fair financial settlement quickly, and for less than a quarter of the cost of using a traditional high street solicitor.