Re:divorse

we live in a 500 thousand pound house we have been married for 28yrs and this is the secound time he has cheated on me what am i entitled to

Hi rowcar,
Welcome to the site, sorry you find yourself here.
You will need to provide some additional information for the more knowledgable wikipeeps to answer you question

Your respective ages;

The number of children you have and their ages;

How many nights the children spend with each parent;

The length of your marriage and any period of pre marriage cohabitation;

Your respective incomes;

Your respective outgoings;

Your assets - both soley held and joint;

Your liabilities.





Take care
LB

It's not a straight forward what is anyone entitled to, basically you tell him what you want he tells you what he wants and then you try to agree the settlement between you. You can do it yourselves or through lawyers the main difference being you will spend a big chunk of equity in legal fees £15 to £20k each and then if you still can't decide the court will do it for you. It will probably be what neither of you want and will cost another £10k each.

rowcar

After such a long marriage, the start point will be a 50:50 split of all assets - that includes equity and pension provision. The percentage you actually get will be varied according to your needs and your ability to meet them from the pot and from future income etc.

The way the settlement works is set out in section 25 of the 1973 Matrimonial Causes Act which you can find in the wiki library. It is always better to agree a settlement between you and save the financial and emotional costs of dragging through the courts. You can use mediation to help with this.

To work out what may be fair you each need to make full financial disclosure ... details of all your assets, needs, bank accounts etc. If there is more than enough money to meet your needs then contributions may be taken into account. YOu can agree a settlement between you and go for a simple legally bidning consent order which will be stamped by the court providing the judge considers it is fair and you uinderstand the implications of what you have agreed.

We have a calculator on site that can give some guidance - or wikipeeps can help if you provide the information asked for above. Bear in mind that if a judge makes the decision for you, there is a wide spectrum of what is considered fairness so it is important to look at both best and worst case scenarios.

Hadenoughnow