We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Divorce - Pension
Comments
-
In theory (subject to negotiation and a court intervening if necessary) all the assets are debts are split 50/50 so basically all you want to do is add up all the assets (pensions, houses, cars, expensive diamond bracelets, savings, investments etc) and then deduct all the debts (credit cards, mortgages, loans, etc) to get a value of the marital pot. Then you each should get assets to 50% of that value.Arsenal2019 said:Also, what would happen if we both have debts such as credit card debts? For example, my cc debt is bigger than hers.. would that be taken into consideration because the debts were accumulated during the relationship!?
Breaking it down to each individual thing one at a time just makes it more complicated.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.1K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards