This is spousal maintenance - no children involved.
The redundancy payment is likely to be about £7,000-£8,000. No amount has been specified yet. Current periodic payments are £375 pcm.
My ex-wife is over 60, so presumably receives the state pension. I don't know if she works or not. She owns her house outright (she was given sole ownership of the matrimonial home in the settlement).
My salary at the moment is £46,000, but that will of course cease very shortly (31st March). I am also in the TA, which generates about £3,000 of net income per year. I have no savings and own do not own property. i have debts of roughly £20,000 which I pay roughly £700 per month towards - these were debts accrued during the marriage on joint expenditure (car, overdrafts run up on living expenses etc).
Thank you very much. If my ex-wife's circumstances changed significantly (she found a job, moved in with a new partner etc) is she obliged to tell me? The basis for the payments was that she had no realistic prospect of finding work.
That's great, thank you very much!