Ask a Family Law Question, Get an Answer ASAP!
Hello, my name is***** hope you are well today. I am a qualified Solicitor, and I will be able to help you by providing you with an answer to your question today. I specialise in UK and Irish Law. I am not always online but rest assured if I do not respond immediately I will respond when I return.
Is there anything else you feel is relevant to your question or anything else you would like to add before we continue?
To give you an answer, the starting point for dividing the assets in divorce is 50/50. However, the financial settlement will usually be different in every case as it depends on the parties’ circumstances and their needs. Some factors that will be considered in the division of your assets are:
(a) the income of each party;
(b) the financial needs of each party;
(c) the conduct of the party prior to the marriage (i.e. is one guilty of adultery)
(e) contributions made to the property.
In your case, if it was jointly acquired, both of you may need to agree on how to divide it. Usually, parties agree on buying out one's interest or have the property sold and its proceeds are divided.
Is there anything else I can help with today?
If that is the circumstances. I can see no justifiable case.
Thank you for your question on JustAnswer. I am always available to help and please do let me know if you have any other questions I can answer for you.