£25,000 cash sum and 24 shares in his business to each of his 2 children
(Company 300 shares=100 ex on divorce - His 200 =48 to his children and 152 to his sister in his will. I did not want any shares or money in his business.
Wife and children received approx £25,000 between them in dividend last year.
I believe £ 625,000 approx.(£500,000 business, £125,000 cash in his name)
Plus our home and money in joint names £600,000.
Ex wife has home £600,000 approx + 3 or 4 other properties - is not destitute.
It varied according to what dividend he took.But £10,000 as a general rule.
My husband died 2014 aged 58, one month after his daughter's 18th birthday.
Ex wants 23,000 for the years14-15/15-16.
Executor said that he felt £17,000 was a fairer figure.
I have no objection to some payment, but feel as they now receive a dividend from the company that should be taken into account.
I after all have no income other than pension.
around £4000 each (the older child 21 has lived in france for last 3 years)
Yes,that is correct as she is now a shareholder. She received a dividend for the year 14-15.
No dividend declared as yet for 15-16 as far as I am aware