Divorce & Finances
Discussion
Tried to google this.... but confused as hell so wondering if some here can provide some info before i go to solicitors who will probably confuse me further.
In short me/wife separated (i moved out) In November 2014 back to a flat i had pre us being married. Bought a new place in March this yr as was a 1 bed and wanted to give my son his own room.
Anyway - were totally amicable etc, well til last night when she informed me that she was 'entitled to' 60/70% of all my assets!
She has no assets - everything she earns (pharmacist) she pisses away on whatever crap she can buy, and if she is short her dad (very well off) pays for it.
Ive been paying mortgage since i left.
Need to go get some guidance as she wants to sell our marital home (about £400k of equity) to buy a new place and pretty much wants all of it!
Thoughts???
In short me/wife separated (i moved out) In November 2014 back to a flat i had pre us being married. Bought a new place in March this yr as was a 1 bed and wanted to give my son his own room.
Anyway - were totally amicable etc, well til last night when she informed me that she was 'entitled to' 60/70% of all my assets!
She has no assets - everything she earns (pharmacist) she pisses away on whatever crap she can buy, and if she is short her dad (very well off) pays for it.
Ive been paying mortgage since i left.
Need to go get some guidance as she wants to sell our marital home (about £400k of equity) to buy a new place and pretty much wants all of it!
Thoughts???
Erm... rich id guess is a 50bed nursing home in richmond, an 8 bed house in richmond and a 5 bed house in richmond and a few houses abroad - he can afford to go large at Maccy D shall we say 
Ive agreed to pay half my little boys' school fee - he def isnt going to miss out on anything as thats the main priority for us both. He does live with her, but lives with me for 50% of the time as well - which is why i sold the flat for a house so he could do that.
Were married for 9 yrs.
Def need to speak to someone - so any recommendations local to Kent / Central would be appreciated!
Ive agreed to pay half my little boys' school fee - he def isnt going to miss out on anything as thats the main priority for us both. He does live with her, but lives with me for 50% of the time as well - which is why i sold the flat for a house so he could do that.
Were married for 9 yrs.
Def need to speak to someone - so any recommendations local to Kent / Central would be appreciated!
Yep ... i think she even wants my green shield stamps!!
Id prefer to sort it out way out of court etc, but she seems hell bent on this 'entitlement' she has... even tho she has contributed sod all to the purchasing of the house.
I did offer her 60/40 on sale of the house... she said not enough - she wants more, hence money from my flat is needed for her to buy a place near her parents - even though my son will be doing to school in dulwich, which is nowhere near her parents and means an hours bus ride for him every morning!
Id prefer to sort it out way out of court etc, but she seems hell bent on this 'entitlement' she has... even tho she has contributed sod all to the purchasing of the house.
I did offer her 60/40 on sale of the house... she said not enough - she wants more, hence money from my flat is needed for her to buy a place near her parents - even though my son will be doing to school in dulwich, which is nowhere near her parents and means an hours bus ride for him every morning!
In this case nothing!!
I was spending £3k a month on everything trying to stay afloat on £100 a week ... she was spending £2500 a month on crap for herself on her credit card, knowing full well i was on the breadline!
Found Stowe Family Law online... looks quite good, so dropped them a line.
I was spending £3k a month on everything trying to stay afloat on £100 a week ... she was spending £2500 a month on crap for herself on her credit card, knowing full well i was on the breadline!
Found Stowe Family Law online... looks quite good, so dropped them a line.
Part of me thinks i just scupper the whole thing.... dont agree to a divorce and let it drag on til 2019 when it will have been 5 yrs and she can divorce me without my consent.
Win here is my son will be local to me so lots more time together, and i have time to sort my current place out and sell it on, equity into a new business venture which if it fails, ive really lost nothing!
Main issue is - which superhero to dress up as for my Father for Justice inauguration??
Win here is my son will be local to me so lots more time together, and i have time to sort my current place out and sell it on, equity into a new business venture which if it fails, ive really lost nothing!
Main issue is - which superhero to dress up as for my Father for Justice inauguration??
Yep - her dad pays his fees currently, but she said that he is going to help her pay for her new place in future, so we (as in me and her) are going to have to go halves on his school fees.
To be fair to him, he is incredibly bright and did bloody well to get into Dulwich, so happy to pay for him to give him a great start in life.
To be fair to him, he is incredibly bright and did bloody well to get into Dulwich, so happy to pay for him to give him a great start in life.
I did say that..... but im lucky that i earn enough monthly for his school fees to not be an issue. All the 'ongoing' expenses im fine about.
Its just the sale of my flat and her 'right' to any of that which annoys me. Giving her 60% of marital home i can live with, but why should she benefit from something i worked hard to buy when i was younger way before she was a nuisance on the horizon??
Its just the sale of my flat and her 'right' to any of that which annoys me. Giving her 60% of marital home i can live with, but why should she benefit from something i worked hard to buy when i was younger way before she was a nuisance on the horizon??
singlecoil said:
because she likes money, and because the legal system is loaded in her favour.
And thats really the crux of it.... she loves money.... loves to shop and waste it.... im going to the house on sat(to get my son) and taking pics of all the shoes (an entire wall floor to ceiling with shoe boxes) etc etc to show the courts how much money she wastes and why she wants a large settlement.PurpleMoonlight said:
As you are married you both automatically have custody until one of you applies to court for a sole residence order. Do you mean equal care/contact?
I think so.... probably!Have an appt with these guys next week, so will know more then.
http://www.stowefamilylaw.co.uk/
Sadly no gym monkey involved here - well not that i know of!!
The stowe firm is well thought of, and first 30 min consultation is free, after that... er.. £300 an hour! But if it means i save £30k, ill pay a couple of £k as needed!
Actually not heard from her since Wed ... and not planning to mention anything til she asks if i have sought advice, then ill tell!
Common theme seems to be woman puts £little in, has child and even though the father WANTS 50% custody of the child, the court sides with the mother (not saying she is a bad mother btw!) and gives her a s
t load of money for no real reason!!
Glad to see that im not the only one who is going/had gone through this with similar issues.
The stowe firm is well thought of, and first 30 min consultation is free, after that... er.. £300 an hour! But if it means i save £30k, ill pay a couple of £k as needed!
Actually not heard from her since Wed ... and not planning to mention anything til she asks if i have sought advice, then ill tell!
Common theme seems to be woman puts £little in, has child and even though the father WANTS 50% custody of the child, the court sides with the mother (not saying she is a bad mother btw!) and gives her a s
t load of money for no real reason!!Glad to see that im not the only one who is going/had gone through this with similar issues.
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