Im happy with the splits etc. If it keeps it amicable then it's the best outcome
Would asking for a 50/50 split not keep things amicable?
Im happy with the splits etc. If it keeps it amicable then it's the best outcome
If its amicable and that's what you've agreed, get those terms 'legalised' by a solicitor and signed by both of you. Get access for your kids sorted asap whatever you do. It's only a matter of time until she decides she wants more and then you're screwed.I'm going above and beyond already really.
On paper I'm giving more than my fair share in financial terms.
60/40 equity split in her favour
Also paying back our loan myself
We wouldn't want each others pensions etc (not a lot in them anyways)
We don't have savings
I'm also not going to take any possessions from the house
We have our own cars
And I'd pay the recommended child maintenance sum.
If its amicable and that's what you've agreed, get those terms 'legalised' by a solicitor and signed by both of you. Get access for your kids sorted asap whatever you do. It's only a matter of time until she decides she wants more and then you're screwed.
Do you enjoy being taken advantage of? There are plenty of cheaper ways to satisfy such a fetish. Plus you always try to low-ball to be in a better position for when she asks for more.I'm going above and beyond already really.
On paper I'm giving more than my fair share in financial terms.
60/40 equity split in her favour
Also paying back our loan myself
We wouldn't want each others pensions etc (not a lot in them anyways)
We don't have savings
I'm also not going to take any possessions from the house
We have our own cars
And I'd pay the recommended child maintenance sum.
If its amicable and that's what you've agreed, get those terms 'legalised' by a solicitor and signed by both of you. Get access for your kids sorted asap whatever you do. It's only a matter of time until she decides she wants more and then you're screwed.
Yup - once she starts seeing a new guy, in your house, in your bed etc. What if she wants to up and move later? Or sell to buy a new home and a fresh start? She wants more money, pension?
Personally, i think you need a solicitor to get this all legalised - finances and kids.
Do you enjoy being taken advantage of? There are plenty of cheaper ways to satisfy such a fetish.
How come? How old are you?I don't pay into a pension
Ouch, I would definitely sort that out going forward. I left it a bit late to look into seriously and have been putting a putting a large chunk of my income into private pension and other investments since.35. Just never have. I paid into one around 17 years ago at previous employment but then never did after.
Ouch, I would definitely sort that out going forward. I left it a bit late to look into seriously and have been putting a putting a large chunk of my income into private pension and other investments since.
It sucks and I wish I had been a bit more savvy in my 20's rather than spunking so much money up the wall. I'm quite lucky in that I do have company pensions too. At least anything you accumulate now can be kept out of the frame!
Yes, I believe it's called a "full and final settlement". Someone more versed on these things might be able to confirm but I know someone who got shafted by not doing exactly this.Only if there's a legally binding financial consent order in place otherwise a claim could be made years later. All the more reason for @joelk2 to get this sorted by a professional.
I'm going to give a solicitor a call in the week.
@joelk2 I think the important thing is to make it clear that getting agreements drawn up legally in this fashion provides certainty, protection and peace of mind for both parties. No challenges to house equity outside agreement from you, no challenges on pension or whatever from her. Everyone knows where they stand, job done.Good call. It may not be what she wants to hear and things may get ugly, but it is for the best for all concerned. Maybe bring it up in conversation and see how she feels/reacts?
"full and final settlement" - this is what you want your solicitors to draw up.
I'd definitely look to sorting this out. You're about the same age as me so you have time, but with a split and you then looking after yourself and starting again, you have to look out for your future interests.35. Just never have. I paid into one around 17 years ago at previous employment but then never did after.
@joelk2 I think the important thing is to make it clear that getting agreements drawn up legally in this fashion provides certainty, protection and peace of mind for both parties. No challenges to house equity outside agreement from you, no challenges on pension or whatever from her. Everyone knows where they stand, job done.![]()
I'd definitely look to sorting this out. You're about the same age as me so you have time, but with a split and you then looking after yourself and starting again, you have to look out for your future interests.
I'm going to give a solicitor a call in the week.