Hi, thanks for your question. Just a bit more information required to fully assist you:
-Are they in England or Wales?
-How old are they both?
-How ling were they married?
-What other assets do they both have (together with values?)
-What are their respective incomes?
Thank you.The Court's starting point is a 50-50 split of all matrimonial assets and ensuring that both your needs are met in relation to both assets and income. Given the long marriage, no children and the limited assets and their relatively young ages, a 50-50 split is likely something a court would think is appropriate, despite his higher contributions. In relation to spousal maintenance , she will need to disclose her reasonable needs and she has grounds to apply for him to pay maintenance if there is a shortfall between her income and reasonable needs but he has ro to put a time limit on this and seek her to maximise her earning potential.
Initially this should be attempted through mediation - you can find independent mediators here: http://www.familymediationcouncil.org.uk If a settlement is agreed this can be submitted to court under a consent order (together with a D81 form outlining their respective financial positions).
If mediation does not progress he should then proceed with an application to court under Form A for financial relief.
If you have any further questions regarding this please let me know. In the meantime if you found this information helpful please provide a positive rating using the stars at the top of this page. I will not be credited for answering your question without a positive rating. Thank you
My name is ***** ***** I have been a solicitor for more than 30 year.
Given the age of the couple and the lack of children there is no reason why the capital assets should not be divided on a straight 50/50 basis - she is not enetitled to an 80/20 split.
Given that she could earn a further £5,000 per annum if she wished to do so then there is no basis on which spouse maintenance will be payable.
This assumes that the income figures you give are correct and she does not have any medical problems