When the adultery first took place I still loved my wife and would have reconciled so my concern at this stage was emotional and I wanted to keep my marraige and my family together (one son). I was also concerned about the financial ramifications, having had a reasonably sucessful career both before and since I married (18 year marraige), I have significant assets including a final salary pension and significant equity in the house (much of which was created before I married as I already owned the house).Regrettably my wife has continued to commit adultery and is on her third partner (that I have knowledge of)so reconciliation has become impossible. The fact that she has borderline personality disorder has meant she has attempted suicide on three occassions in the last two years. Her relationship with my son is non existant and I have no contact with her either and no longer know where she lives. My concern with a divorce now, is that whilst I feel I have done nothing wrong, my wife is claiming 50% of all assets which will probably mean I lose my home. I'm therefore seeking advice as to whether the fact she has a mental illness can help me protect my financial assets. Regrettably my wife has continued t
Regarding my house which is in my name only, I bought it with a previous partner. When this relationship ended, the house was valued and she was given her share of the property value in cash. This was all done through the proper legal process and I have the paperwork. I married my wife some two years after this. My view is that in my current circumstances, my wife should only be entitled to the equity that has accrued in the property since we married
So, pre marraige the house was worth £180k less a £60k mortgage (£120k equity). The house is valued at £360k now and I have a £100k mortgage (£260k equity). My view is that my wife is entitled to a share of £140k in equity. This seems very reasonable to me but how do you think the law will view it ? Also my wife owned a flat when we met. She subsequently sold it, making a small 'profit' of around £10k and she had an endowment policy worth circa £15k. She kept both these amounts. Plus she contributed no money at any time to any costs associated with the house during our 18 yr marraige (although I know she will say she was the main carer when my son was small).