Trust in Divorce settlement

sweetilemon

As previously suggested, a quick chat with a lawyer would determine if she would have a case or not. If not, it may be an idea to ask him directly. The opinions on how fair it would be are irrelavent if the case can be fought. However, it is my personal opinion that she had oppertunity to pay into her own pension so shouldnt have a claim on his. However, I do know a woman who after 15 years won a share of their ex's pension although the divorce was put on hold until the final settlement.

Seanymph

I just read it again - he's still giving her money! Even though the children have left, and she's just worried this cash will dry up once she retires.

I'd say she's done rather well out of him myself.

VestanPance

I have to agree with most on here, after 15 years she really should be financially independent. The fact the guy she was married to a good number of years ago now is now wealthy does not mean he should be supporting her retirement.

olias

God, if my ex wife came out of the woodwork after 15 years asking for more cash, I think I know what my response would be.....:mad:

Olias

Seanymph

It doesn't say how long they were married - but as he has supported her for 15 years and the youngest has just turned 18 he may have been paying her money for longer than they were married anyway already.

I wish I'd married him.

LannieDuck

Catbells wrote: »

She got something from the sale of the house but no pension or savings. She has worked part time during this time but didnt pay into a pension because she thought the sale of the house would be enough but it isn't. I believe she also had several years out of work when she was sole carer for a close family member who was sick.

I really don't think she's being reasonable. She had the choice to pay into a pension and didn't - that was her mistake. She also chose to care for a close family member - very good of her, and also her choice.

I don't see why her income is her ex-husband's responsibility at this point.

Catbells

Thanks to all. After reading here I think she should have sorted it out at the outset and gone through the courts when they divorced which she said would have killed her to do. Divorcing wives - take note!! She told me she cared for her son when he was ill and out of school for 4 years. She had to give up work for 2 years of that time.

Catbells

floss2 wrote: »

However, 15 years ago there was no obligation to share pension provision, which perhaps would have "satisfied" her somewhat if she knew that the years she had put in whilst married were recognised in that respect.

I wonder whether she would be better seeking independent financial advice as to the best way to securely maximise her income from the sale of the family home, perhaps from an annuity or similar?

I will tell her this. Am not sure what the divorce financial arrangement was and I dont think she does either. She did everyone on trust - yes its a bit stupid and thats why she's in the position she's in now.