Hello and thanks for your question.
I understand you to say that you have been living together for 19 years, you got married in 2010, and divorced in 2014, and you continue to live together. The house is mortgage-free and in the sole name of your ex-husband, but you sold your house in order to move in & contributed to renovations & bills & fmaily life etc during the years you were together.Your son will finish his A levels this year, at which point, it may be that your relationship will end.
I need a bit more info to be able to answer:
You refer to financial arrangments being made on divorce - were these agreed just between the two of you, verbally or in writing? Or was it an agreement reached viia solciitors?And if so, was a consent order made by the court?
What exactly was the agreement reached?
What is the house worth now (approximately)?
What is your annual salary?
What is your ex-husband's annual salary?
What would a small 3 bed or 2 bed hous or flat in the local area cost?
I forgot to ask if there are any other assets apart from the house, and if there are any debts?
Also, what arrangements for your son have been made if he intendsto go onto college or university rather than start working when he leaves school?
Hi. We got married end of 2009 and the decree absolute came through beginning of 2014.
Other assets are our two cars and house contents. There are no debts.
Financial agreement was made for our Son only and written into the divorce papers.
1. The house is approximately £200,000
(though I have not checked recent sales in the local area)
2. My annual salary is approximately £26,000
3. He does not have a salary. He only last month took redundancy.
It was a substantial amount, but I do not know how much.
4. Depending on property, possibly, £100,000 - £180,000
If our Son goes to university, he will apply for a loan for the course. My ex husband has verbally said whilst our Son is in full time education, he has to pay. It does appear, however, that our Son is leaning more towards an apprenticeship route.
Thanks - sorry but I need a bit more information. What exactly was the financial arrangement for your son, and what do you mean when you say it was written into the divorce papers? Could you possibly upload the document that sets out this financial arrangement? (The admin here will explain how to do this).
What is your ex's income? what is he living on?
Can you give even a ball-park figure for your ex's redundancy payment?
Did you have your own independent legal advice from your own solicitor?
(I will explain later why these qs ...)
The financial arrangement put into the Statement of Arrangements for Children (D8A) that the Respondent (my husband) shall pay £500 per calendar month.
He is living on his redundancy and I am sorry, I cannot even guess what it was, but he did say that if no work came his way, he would be okay for 12 months.
No legal advice was sought. I, with help from my husband, dealt with the divorce. As I said initially, it was amicable.
Thank you for all of your help. I will consider all the information you have provided. Fingers crossed now that the recent strains are only temporary and do not develop into a situation where we cannot be as amicable for a agreed financial settlement.