Hate to say but its looking as though divorce may be about to happen, like everyone I am emotionally gutted and now face the cruel realities of finance. I have used the calculator and done a couple of scenarios and it appears that I may be better off not working when the assets are divided out? If anyone can give me a ball park % that I could expect (both if working and if not) I would be very grateful details as follows.
Male - 45 years old
Married 10 years - no children.
For what its worth I have added our earnings up over the marriage and I have earned (and currently do) about 75% of our total combined. Income. I sold house prior to marriage and put the 30k equity into the new marital home (cost 100k) now worth approx 250 k with a 40 mortgage. Other assets approx 40k. I have been forced to work away from home for a reasonable salary. With hindsight I think my wife encouraged me to do this hoping it would help with a divorce settlement. With divorce pending I will need to relocate back home to help look after parents, 112 miles each way is to far to commute.

Any estimates of what you feel I could expect would be appreciated, I feel after bringing in 3 times more than my wife plus a house to the marriage that 50/50 would be unfair? Help !!!! Thanks

Hi there
as no one has ventured a go at this I will add something , but I find all this financial stuff difficult myself so hopefully someone will step in .

10 years would be considered a long marriage so a starting point for division would probably be 50/50 of all assets including savings / pensions / equity etc

The fact that you earned more during the marriage is largely irrelevant , you were a partnership and how you earned or spent money was between you .

The fact that you earn more now may be relevant depending on your wifes income . If there are no children , the courts would expect you both to earn what you can , if there is a big difference then maintenance may be payable .
If you gave up work , I believe the courts would just look at what your potential earning capacity is , they would realise that once you had assets you could go back to work. My guess is it wouldnt be a good idea to do that just now.Sorry I cant help more but am sure someone will .



good luck
shiny

Thanks Shiny, your time is appreciated. I guess its not going to be easy at all, I would rather just try and patch things up to something like the good old days. Its just that we seem unable to talk, I know there's always two sides to a story but as I am away from home working during the week, coming home to a patronising sarcastic wife its not easy to have a civil conversation to try and discuss whats gone wrong, even if just for peace of mind, I dont think there is any one else involved, I wish there was it would make it easier to understand!
Thanks again for your message - much appreciated. I guess if I were to put all assets on the 2.10 at Haydock and it lost I would probably be no worse off!?

Hi
Youre welcome but as I say someone will probably give you clearer advice! Wouldnt put it all on the horses though! where would you live then?

If you can patch things up that would definately be best , horrid business this , I too would have preferred to know if there was someone else , at least it gives you a reason doesnt it? I wanted to try and work out what had gone wrong for him but he just refused and left !!

If you cant work things out , there is a number at the top of the page where you can book a 30 minute phone call with a solicitor ( for free) , they should be able to give you some advice on what to do next and about finances

good luck
shiny