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Separation Agreement

  • Bowser
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23 Sep 10 #226224 by Bowser
Topic started by Bowser
Hi,

Looking to see if someone could give me some advice on my situation....

Wife and I separated early this summer....she moved out after i discovered she was having an affair. As far as i know, she is currenty staying with her parents, rent free.

We have been married for seven years...We both paid 50/50 into an account to pay for all family bills/mortgage and she has continued to pay this in the time she has been away from home.

We had an initial discussion about selling the house and came to a verbal agreement on splitting the equity profit 50/50. She has, however, now sought legal advice and they are asking for full disclosure of all matrimonial assets.

We have no children and have both worked full time for the entire time we have been together....we earn very similar salaries.

I have paid into a company share scheme for the past 10 years...this scheme has closed in the past couple of weeks and I will be getting a cheque through for the full value of these shares next week....I also have a small holding of other shares....I have consistently sold some of these shares over the past seven years, to pay for various holidays we have taken....I have no other savings.

I have also paid into my company pension scheme for the entire time i have worked for my present employer.

Wife has never paid into any pension scheme and has, as far as i know, no savings either.

Initially she told me she was not interested in my shares/pension but i now believe this to be a lie.

Can anyone give me an idication of what i can expect to have to give her in our seperation agreement, over and above what we have already agreed regarding the sale of the house ?

  • Fiona
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23 Sep 10 #226227 by Fiona
Reply from Fiona
In Scotland all the assets (including pensions, excepting gifts and inheritances which have been kept separate from family finances) accrued solely or jointly between the dates of marriage and separation minus any liabilities form the net value of the matrimonial property to be shared. This is shared "fairly," usually equally.

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