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Financial agreements.... after divorce / any help

Are there any basic formula's out "there" which the law uses to asses and agree the financial settlement when a couple seperate, then divorce??

I have been seperated almost a year, she/I are now looking to get divorced the easiest way. However, neither of us has a clue as to what is right and fair in terms of a financial agreement.

I intend to seek legal advice and assume she/he will too but any basic advice information could be money well saved????

Thanks
Oh how I dream............
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