Hi i tried the
divorce calculator but but despite me having less
income and me having the children 6 days a week i get no maintanence can
you tell me where i am going wrong? see calculation below
General:
The length of the marriage was 20 years.
Income:
The
wife's net monthly income is £1,300.
The husband's net monthly income
is £1,700.
Children:
The number of children from the
marriage is 2
Child 1 stays with wife for 6 nights per week and with
husband for 1 nights per week.
Child 2 stays with wife for 6 nights
per week and with husband for 1 nights per week.
Divorce
Calculator Output
Your Wikivorce estimate for ancillary relief is
based on the following parameters:
General:
The
length of the marriage was 20 years.
Income:
The wife's net
monthly income is £1,300.
The husband's net monthly income is
£1,700.
Children:
The number of children from the marriage
is 2
Child 1 stays with wife for 6 nights per week and with husband
for 1 nights per week.
Child 2 stays with wife for 6 nights per week
and with husband for 1 nights per week.
Wife's Monthly
Outgoings:
Essential outgoings: 1250
Childcare outgoings: 470
Lifestyle outgoings: 200
Husband's Monthly Outgoings:
Essential outgoings: 1100
Childcare outgoings: 0
Lifestyle
outgoings: 100
Assets:
Joint matrimonial property:
-
Former Matrimonial Home valued at £300000
- Shares valued at £10000
- Savings valued at £10500
- Savings valued at £20000
Total :
£340500
Wife's property:
- Former Matrimonial Home valued at
£20000 (value at marriage : £0)
- Car(s) valued at £3000 (value at
marriage : £0)
Total : £23000 (Total value at marriage : £0)
Husband's property:
- Former Matrimonial Home valued at £20000
(value at marriage : £0)
- Car(s) valued at £3000 (value at marriage :
£0)
Total : £23000 (Total value at marriage : £0)
Processing Assets:The total value of assets you entered as joint assets
was : £340500
We add to this joint pot the increase in wife's assets
since marriage : £23000
We add to this joint pot the increase in
husband's assets since marriage : £23000
We add 10% of wife's assets
(valued at marriage date) for each year of marriage, which is £0
We
add 10% of husband's assets (valued at marriage date) for each year of
marriage, which is £0
The joint asset pot is: 386500
The
wife's asset pot is: 0
The husband's asset pot is: 0
Liabilities:
Joint liabilities:
- Mortgage valued at
£-100000
Total : £-100000
Wife's liabilities:
Total :
£0 (Total debts at marriage : £0)
Husband's liabilities:
Total :
£0 (Total debts at marriage : £0)
The net joint assets are worth :
286500
The net wife's assets are worth : 0
The net husband's
assets are worth : 0
Splitting the assets:
Next we share
out the net joint assets based on factors such as:
length
of marriage, relative incomes, who cares for any children.
Wife's share: 70%
Husband's share: 30%
Wife's total share
of net assets is : £200550
Husband's total share of net assets is :
£85950
The Wikivorce estimate for ancillary relief
based on the above parameters:
Maintenance
calculation based on outgoings data:
The wife must
reduce her budget from £1720 to £1
The husband must reduce his budget
from £1100 to £1
The wife has been allocated the following:
-
basic (incl childcare) needs £1
A total budget allocated of £1
The husband has been allocated the following:
- basic (incl
childcare) needs £1
A total budget allocated of £1