How JustAnswer Works:

  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.

Ask Clare Your Own Question

Clare
Clare, Family Solicitor
Category: Family Law
Satisfied Customers: 33281
Experience:  I have been a solicitor in High Street Practise since 1985 and have specialised in Family Law for the last 10 years
13262538
Type Your Family Law Question Here...
Clare is online now

How do I work out if I will need to pay spousal maintenance

Customer Question

How do I work out if I will need to pay spousal maintenance to my wife.
Submitted: 3 months ago.
Category: Family Law
Expert:  Clare replied 3 months ago.

Thank you for your question

My name is Clare

I shall do my best to help you but I need some further information first.

Which country is the divorce taking place in and where do you both live?

Customer: replied 3 months ago.
United Kingdom. North dean, Buckinghamshire. In the family home.
Expert:  Clare replied 3 months ago.

How long have you lived together and are there any children involved?

What is the value of the house and how much is outstanding on the mortgage?

What other assets are there and what income do you each have?

Customer: replied 3 months ago.
It's ok. Email will do for now. Lived together for 14 years. Married since November 2004. One daughter of seven years old born January 2009. House is worth £700k. Outstanding mortgage is circa £300k. No other assets other than some shared savings, but also more than that in car loans etc.I'm the only salary earner. £120k basic with £40k bonus each January. I also have £65k worth of current shares in the business I work for. Plus significant options that will crystallise in November worth £600k.
Expert:  Clare replied 3 months ago.

How much will a two bedroom property in the same school area cost to buy?

Customer: replied 3 months ago.
The share options that will crystallise in November 2017 will not be eligible to be paid out until November 2020. They are also subject to me staying with the business.A two bedroom house in the same school area will cost £250k to £300k.
Expert:  Clare replied 3 months ago.

What employment options does your spouse have?

Customer: replied 3 months ago.
She is set up as a sole trader and is planning on doing consultancy for catering organisations. She charges £250 per day although hasn't done much so far. She could easily get a part time or full time job as has been a very successful Operations Manager. When she last finished work, 3 years ago, she earns £45,000 per annum. Although I think it most likely that she will probably work during school times and term times so her earning capacity now will be half that I would imagine.
Expert:  Clare replied 3 months ago.

I am afraid that spousal maintenance is very real possibility - although if she has sufficient from the sale of the house to purchase a mortgage free property then that may well be sufficient for a Clean Break bearing in mind her earning capacity.

Child maintenance will be 12% of your gross income at most!

I hope that this is of assistance - please ask if you need further details

What Customers are Saying:

 
 
 
  • Thank you so much for your help. Your answers were really useful and came back so quickly. Great! Maggie
< Previous | Next >
  • Thank you so much for your help. Your answers were really useful and came back so quickly. Great! Maggie
  • A quick response, a succinct and helpful answer in simple English. I believe I can now confront the counter party with confidence -- worth the 30 bucks! Rick
  • Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help. Mary C.
  • This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!! Alex
  • Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult. GP
  • I couldn't be more satisfied! This is the site I will always come to when I need a second opinion. Justin
  • Just let me say that this encounter has been entirely professional and most helpful. I liked that I could ask additional questions and get answered in a very short turn around. Esther
 
 
 

Meet The Experts:

 
 
 
  • Kasare

    Kasare

    Solicitor

    Satisfied Customers:

    204
    Solicitor, 10 yrs plus experience in civil litigation, employment and family law
< Last | Next >
  • http://ww2.justanswer.com/uploads/KA/Kasare/kasare.64x64.jpg Kasare's Avatar

    Kasare

    Solicitor

    Satisfied Customers:

    204
    Solicitor, 10 yrs plus experience in civil litigation, employment and family law
  • http://ww2.justanswer.com/uploads/TG/TGraham12/2012-7-17_81212_bigstockBusinessHandshake508163.64x64.jpg Thomas's Avatar

    Thomas

    Solicitor

    Satisfied Customers:

    133
    UK solicitor
  • http://ww2.justanswer.com/uploads/JO/jojobi/2013-3-19_0265_maxlowryphoto.64x64.jpg Max Lowry's Avatar

    Max Lowry

    Solicitor

    Satisfied Customers:

    7
    LLB, 10 years post qualification experience
  • http://ww2.justanswer.com/uploads/OS/osh/2015-7-7_19268_gettyimagesb.64x64.jpg Joshua's Avatar

    Joshua

    Lawyer

    Satisfied Customers:

    340
    LL.B (Hons), Higher Prof. Dip. Law & Practice
  • http://ww2.justanswer.com/uploads/GL/Glossolicitor/2013-5-14_214834_TWMParkinsonWright.64x64.jpg Glos solicitor's Avatar

    Glos solicitor

    Family Solicitor

    Satisfied Customers:

    2
    10 years experience in all areas of family law, now specialising in cases involving social services and children
  • http://ww2.justanswer.com/uploads/UK/UKfamsol/My face July 2011.64x64.jpg UKfamsol's Avatar

    UKfamsol

    Family Solicitor

    Satisfied Customers:

    240
    Very experienced specialist family law solicitor, qualifed in 1994
  • http://ww2.justanswer.com/uploads/CH/chathamchamber/2011-4-24_191833_1.64x64.jpg chatham-chamber's Avatar

    chatham-chamber

    Solicitor

    Satisfied Customers:

    182
    LL.B, Pg.Dip, LL.M, M.B.A (Pending), Solicitor-Advocate. UK Practising Certificate issued by SRA., DIFC Courts Registered (Dubai)