There was a split of all financial assets 50:50, including the family house (which was sold), shares, savings etc. My daughter (born April, 1997) chose to live with my ex-wife; my son (born May, 1995) with me. I agreed to pay maintenance to my wife for her and our daughter, because my income was greater than hers. She remarried in January, 2013, since when I have been paying maintenance for our daughter, at 15% of my net salary. My ex-wife was not required to contribute towards the support of my son. This agreement, relating to the payment of these dividends, was not mentioned in the settlement.
During the divorce proceedings, I was very constrained in what I could do financially, all of my assets being effectively frozen until the financial agreement was completed. I do not know if my wife did try to change the arrangement for the payment of dividends on these shares during this period, as she claims. However, given the circumstances prevailing, I would not have agreed to such a change at the time.
As I mentioned, I did not notice that the payments continued after the divorce for some time, as I had shares in the same company. More recently, since I sold those shares, I have noticed some payments but assumed that she had chosen to continue the arrangement for the benefit of our son.
Since the divorce, the shares have been hers.
As part of the settlement, a number of the shares which I held in the company were to be transferred to her. I therefore sold the bulk of my own direct holding, in March 2012, and subsequently (in May or June, 2012) sent her the share certificate for these, and a signed transfer form. I do not know when or if she completed this transfer, so was not surprised at the time to receive a dividend in August, 2012.
Since I also held some of the same company shares in an ISA, it was not until late 2013 that it occurred to me that she appeared to wish to continue making these payments.
Thank you for your answer. I wonder if you would just clarify two points for me:
1. Does it make any difference, as to my liability, when I discovered the situation of the payments, after August, 2012?
2. How much time can I reasonably take a) to respond to her demand and b) to make the payments?