Starting divorce proceedings but want to know how finances are agreed when one of us (me) is much older but earning more than the other. Not very much to split and definitely not enough to enable both to purchase houses, H would not be able to buy me out or get a mortgage due to his credit history.
If I had to sell marital home (in my name) there wouldn't be enough to get H a home so what would happen to the money? I assume that it would be up to him how to spend it and given his track record it would be blown very quickly with nothing to show for it let alone paying rent on somewhere suitable for dd to visit.
Marriage very short (couple of years) and H brought no assets to the marriage or made much in the way of contributions- I was contributing 75% of my earnings to providing for the family, he was providing 15% of his.
My concern is that I will be forced into selling the house to give him his share which would mean huge upheaval in dd's life and leave her worse off.
Does anyone have any advice about the situation so I know what to ask the solicitor? Can't afford lots of sessions.
Please or to access all these features
Please
or
to access all these features
Here you'll find divorce help and support from other Mners. For legal advice, you may find Advice Now guides useful.
Divorce/separation
Advice on financial settlements before I see solicitor
10 replies
duffybeatmetoit · 23/02/2013 23:37
OP posts:
Please create an account
To comment on this thread you need to create a Mumsnet account.