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ray_of_sunshine

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Subject: Help please Posted: Thursday, December 5, 2013 - 12:54:15

In order to receive a reasonable opinion it will be necessary to post the value of the other assets being divided 50:50.

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ray_of_sunshine

Username: ray_of_sunshine
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Posted: Thursday, December 5, 2013 - 12:54:15

In order to receive a reasonable opinion it will be necessary to post the value of the other assets being divided 50:50.

sometimesitdoesn'twork

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Posted: Thursday, December 5, 2013 - 12:55:03

The marriage wasn\'t long so a period of cohabitation before marriage could make a difference. CM and tax credits help to cover childcare costs. SM depends on wife\'s income needs and husband\'s ability to pay. The more the capital settlement is in her favour the smaller mortgage she requires reducing her income needs, and the larger mortgage he will require decreasing his ability to pay. Share options are a consideration. See; http://www.familylawweek.co.uk/site.aspx?i=ed1609 Why are there no business accounts? Without disclosure it isn\'t possible to determine what a fair settlement is. Pensions - Sharing the CETVs 50/50 does not give 50/50 actual value to both parties, and definitely not 50/50 income. You need actuarial calculations to get the split needed to get meet these goals. However, with a discrepancy of only £25K the costs of valuation and pension sharing make the calculations not worthwhile. The process should include; 1. Identifying all the assets (and debts) owned jointly or individually by a couple 2. Determining any non matrimonial property by looking at the individual assets and seeing the circumstances in which they were acquired. 3. Valuing matrimonial assets. The liabilities are deducted from the assets to provide the net value of matrimonial property for sharing. Without a \'full and frank\' disclosure it\'s not possible to say whether a split is fair.
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