Technology2 mins ago
Divorce Help
Friend, married for nearly 32 years. Husband has left for another woman. Mortgage-free home owned as tenants in common. Plenty of savings plus other assets. Both are retired and H also has an occupational pension, albeit in effect as a single man.
I guess an initial visit to a solicitor is needed. But any ideas of friend's minimum financial expectations, including going forward after divorce?
I guess an initial visit to a solicitor is needed. But any ideas of friend's minimum financial expectations, including going forward after divorce?
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For more on marking an answer as the "Best Answer", please visit our FAQ.No problem Torax3. I wouldn't dream of suggesting going to a lawyer and simply handing everything over to them. (I had enough problems (own family fall out) when I suggested avoiding using a solicitor to sort out a will. It cost the family nearly £6k for a simple form filling exercise.)
My concern is that the friend will be coerced into accepting something totally unfair - hence the need for some indication of minimum entitlement.
My concern is that the friend will be coerced into accepting something totally unfair - hence the need for some indication of minimum entitlement.
Not sure if anyone will pick this up at this stage, but it looks like this is going to get messy. One party has engaged a lawyer and is seeking all sorts of financial 'compensation'. The other hasn't done so and hoped that it could be sorted out reasonably. OK, one party has left for someone else but is it fair to say the most the 'innocent' party will get at the end of the day is 50% of the assets plus 50% of the other's pension? Thanks.