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Thank you for your reply. I know the house was financed by his business but as we got a sitting tenants discount from the local authority I am not convinced that it will be in the business name. Any correspondence I can find from the firm that handled the sale is addressed to us as a couple. I was hoping that I could get him to just sign the house over to me ( its estimated value is only £60,000 - £70,000) and then I would not need to touch his business or pensions etc as my Son also works with his Dad and I have no wish to damage his future employment. Do you think this is reasonable? There is no mortgage on the house it has been paid in full.
Thank you, ***** ***** most helpful! There are no assets to speak of from the marriage as he has been in a business partnership and everything has been ploughed into that over the years. We know the rough value of the house and the car is paid off and worth practically nothing now. For comparison purposes If I did decide to go the legal route and ask for a share of his business interests, what percentage is that likely to be? this will allow me to work out if asking for the house is going to be reasonable and not asking too much. I have no wish to cause him any financial hardship I just need my independence.
Thank You ! Now I can make a comparison between 50% of his business interests and the estimated value of the house and see If it seems a reasonable settlement that does not adversely affect his future or my Sons. You have been most helpful.