When the joint property was sold we recieved 85K and my wife requested 55K from this. The endowment policies are expected to make 40K and 10k approximately and we had agreed to split these 50/50, but my ex-wife disagrees with this "verbal" agreement and believe we agreed she could have the larger of the two and I have the lesser. If I do not agree to this she will make a claim against my service pension. I do not have a complete valuation for the pension but estimate it will be around 12k/year and the tax free lump sum of ~65K went into the joint property long ago.
I am not clear how the law views the division of asset and whether this would be considered reasonable, or not.
My ex has not remarried and has been primarily living of the money she received from the sale of the house until she is entitled to her small Civil Service pension at age 60, next year, and has recently taken a part-time job in an art gallery; I do not know her exact income.
I remarried in 2012, currently live abroad and gross just over 44K.
We have received a letter a solicitor spelling her her memory of the agreement and claiming that I have "sought to resile from the agreement" by offering her 50% and not the whole of the larger endowment. This is stated as "unacceptable" and if I do not agree to and honour her version of our verbal agreement, she will "bring an action against you for a share in your pension".
Hope this makes sense.
We were married 6 years after my adult Army service started. I joined as an Army Apprentice at age 16 (Jan 4th 1979); my adult service started at 18 (Dec 7th 1980). We were married in Dec 1986 and still married when I left the service on 6th Dec 2002 after 22 years adult service; therefore we were married for 16 years of my adult service. We separated in April 2004 and I moved out of the family home. I agreed to maintain the home until my youngest daughter reached 18 (May 2010) but actually continued until Nov 2011 when the house was sold.