Preperations for ending of Relationship?

Arewethereyet?

Married with Children, Wheels are about to fall off the bus.

When we split, how will the finances work? Will i need to provide partner with an income each month, or will they go onto JobSeekers/Income Support etc?

CSA payments calculate to about £88 per week.

What about existing mortgages? I am happy to pay for the mortgage on the house, as i know the children will keep there home. Would this be a good idea?

masonsmum

I split with my ex husband 3 years ago and I wanted our son to stay in the family home so he agreed to pay half of the mortgage (£150 a month) instead of child maintenance. This worked fine until we started moving on with our lives, he met someone else and so did I, so my new partner moved in with me and we bought him out for an agreed lump sum.

It took me an age to get child maintenance from him and even at that he only gave me half of what I should be entitled to, he said my son would gain from this however that didnt work either and he never even bought our son as much as a pencil for starting school and after his 3rd holiday abroad this year without asking to take our son again I went to the CSA and now get £45 per week from him compared to the £20 he was originally giving me.

Dont know how benefits work as I have always worked so not sure about Job Seekers etc.

Arewethereyet?

Maisonsmum,

It appears that the only thing required from myself would be child maintenance payments. This is the minimum that has to be done. The remainder is made up of Income Support/Job Seekers Allowance's etc.

Rgds,

Awty?

geoffky

You need to pay enough to make your children's life's as comfortable as possible...Forget minimum amounts or forcing your family onto welfare..

Tiddlywinks

Arewethereyet? wrote: »

It appears that the only thing required from myself would be child maintenance payments. This is the minimum that has to be done. The remainder is made up of Income Support/Job Seekers Allowance's etc.

Nice sense of responsibility you're showing here - it's not what you can get away with... it's what's best for your family.

Do you want your children to struggle financially or to be comfortable - you need to put their needs before your own.

geoffky wrote: »

You need to pay enough to make your children's life's as comfortable as possible...Forget minimum amounts or forcing your family onto welfare..

^^^ This!

Hovel_lady

You might find this helpful...

http://www.wikivorce.com/divorce/

Mojisola

Tiddlywinks wrote: »

Nice sense of responsibility you're showing here - it's not what you can get away with... it's what's best for your family.

Do you want your children to struggle financially or to be comfortable - you need to put their needs before your own.

Most absent parents only just get by when paying CM and running their own homes. If the OP has plenty of money, of course he should think about how to improve his children's lives but his ex will still get all the benefits no matter how much CM he pays.

After paying the legal amount of CM, he needs to get his housing sorted out so that he has somewhere the children can come and stay with him and see what's left.

It might to better to think about paying directly for some of the children's clubs and hobbies and keeping the CM to the CSA levels.

Arewethereyet?

Thanks for the replies.

I was trying to establish what exactly the requirements were to be paid, to my partner upon them vacating the relationship. The minimum appears to be Child Maintenance and Mortgage Commitments (50% or if they fail to meet it, 100%).

Lunar_Eclipse

Arewethereyet? wrote: »

Will i need to provide partner with an income each month, or will they go onto JobSeekers/Income Support etc?

I think it depends on how your finances are currently divided. For example, if you currently subsidise your partner financially, you may be advised to continue to provide a spousal allowance, in addition to child maintenance. Don't think this is very common nowadays though, assuming both adults are fit for work.

I know several separated families where one adult (typically the mother) receives child maintenance and the right to remain in the family home until the youngest child turns 18. I appreciate this can be impossible for most people, financially speaking.

I'd seek legal advice.