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Tom-the-eagle ![]() |
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Thankfully not for me (honestly) If anyone can help I would be much appreciated. Friend of mine getting divorced, most of which has been agreed however they cannot agree re pensions. My friend now wants to go to court however it is expensive and as the petitioners she has to pay. My question is can she insist that her ex pays/cover half of these costs? Thanks guys
"It feels much better than it ever did, much more sensitive." John Wayne Bobbit |
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Originally posted by Tom-the-eagle
Thankfully not for me (honestly) If anyone can help I would be much appreciated. Friend of mine getting divorced, most of which has been agreed however they cannot agree re pensions. My friend now wants to go to court however it is expensive and as the petitioners she has to pay. My question is can she insist that her ex pays/cover half of these costs? I'm not sure but a couple I know are going through a less than amicable divorce and this involves pensions. They went to arbitration which seems to have done the trick (so no need for court) I assume it is much cheaper. May be worth exploring this avenue.
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Tom-the-eagle ![]() |
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Originally posted by Spiderman
I'm not sure but a couple I know are going through a less than amicable divorce and this involves pensions. They went to arbitration which seems to have done the trick (so no need for court) I assume it is much cheaper. May be worth exploring this avenue. Thank you Spider
"It feels much better than it ever did, much more sensitive." John Wayne Bobbit |
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Originally posted by Toby um-the-eagle
Thankfully not for me (honestly) If anyone can help I would be much appreciated. Friend of mine getting divorced, most of which has been agreed however they cannot agree re pensions. My friend now wants to go to court however it is expensive and as the petitioners she has to pay. My question is can she insist that her ex pays/cover half of these costs? Thanks guys In my experience,most solicitors should be able to ascertain value of any pension fund which generally is split 50/50 in line with other assets or adjusted if one of the parties wishes to retain any matrimonial home.
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The numbers will depend on relevant ages and whether the pension(s) is final salary or not.
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Originally posted by Jacey
In my experience,most solicitors should be able to ascertain value of any pension fund which generally is split 50/50 in line with other assets or adjusted if one of the parties wishes to retain any matrimonial home. My experience was that, when my then wife wanted a share of my pension fund, my solicitor required me to get a valuation from the pension fund administrator, who in turn charged me an admin fee of £1025 for the privilege! As my pension was somewhat important to me being already in payment, I was able to negotiate a financial settlement with my then wife in which I was able to retain my entire pension in return for a slightly different split of other assets. My position was helped by pointed remarks by the judge during the preliminary hearing in respect of my wife's greed, laziness (the judge effectively told her to go and get a job based on her previous work experience) and misrepresentation of our respective financial positions which was rumbled by the judge. Plenty of scope for negotiation in my view. In response to the original question, I did cover all court and legal costs for both of us as part of the deal.
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I used other assets and kept my pension in full. The way I looked at it was that it was me who had worked for it. My ex-wife actually paid costs as she was the one to gain more assets. Your own solicitor should give you a written estimate of legal fees - I believe it's legally required.
Red and Blue Army! |
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As a counsellor I help many people with divorces If you do go down the legal route please get in writing the fees charged and ‘ballpark costs involved’ some firms provide a first consultation for free or reduced cost. I really hope it goes well for your friend as it’s a very harrowing time Coyp
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So this 'friend' is recently divorced; and hot presumably?
Red and Blue Army! |
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Divorce advice ? Never get married.
Kayla did Anfield & Old Trafford |
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Originally posted by IMilburn
my solicitor required me to get a valuation from the pension fund administrator, who in turn charged me an admin fee of £1025 for the privilege! Wow. Surely in this day and age that's just a press of a button on a computer
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Originally posted by Midlands Eagle
Wow. Surely in this day and age that's just a press of a button on a computer Yes, it certainly arrived quickly enough once the fee was received!
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