PLEASE CAN YOU ADDRESS THIS QUESTION. URGENTY . THKS
all our capital assets were sorted out 4 years ago .
what is at stake is all teh following that is contained in the the divorce settlement ( 26/1/2011) . he earns nore than he did in 2011
he saids he cant afford the school fees . he has not given details of clean brak prosposal on retirement or spousal reduction or
a)order states i get 50% ( 500K) of his life cover , my 2 kids 25% each.
b) if he dies before 2023 I get £250,000 ( he 54 )ok health but waiting result from biospy - he shd be ok .?
C)if dies pre 2023 dependant policy £50k p annum
D) part of critical illness if reguired ..
e) med insurance for kids ( 14 ,16)
f ).to use an IRAP scheme to pay school fees ( however tax man got more of this that was intended - really due to husband inefficiency and loss tax break that was there in 2010. -- that is one reason he wants to reduce spousal maintenance., alos he may want to rteire early .
what questions should i be asking about his corporate retirement package .. in the (London) city there are all sorts of shemes that i am not privy too.
f ) this is the one he has breached ... he will set aside 15K out of his bonus to add to provision of school fees until such time as there is sufficient by way of the provision .
he shall provide documentry evdience of such provision to me .
g) he will pay 25% of the net cash bonus received to him during each year in money or moneys worth to me , as and when its recieved . payment made within 14 days of receiving bonus -- and will provide documentary evidence . the net bonus shall be defined as the gross bonus received during the year in money or moneys worth including and not limited to shares less tax NI and 15 K setaside for school fees.
he is also to pay £27,786 pa ( rpi index linked ) joint lives untill I remarry ,
he is to pay 10,797 per annum per child but he reduced this to cms rate swhich are about 4000 less each child .
( this what i need help on .. he is allowed )
the final wordings of the order is .
The app claims v res for all forms of ancillary refief do stand dismissed and he shall not be entitled to make any further claim in respect of the marriage under section 23 (1)(a) and (b) matrimonal clause act 1973 and he shall be not be entitled to amke any vlaim agianst her estate section 2 .....
I the respondant in that order claims against teh appliancant for secured periodiacl payments , lump sum and property adjustment in cluding pension sharing do stand dismissed ( a liitle un clear here )
there will be prrmission to the parties to apply as to the implematation of this order ( a liitle un clear here )what does this mean
i am a painter . I earn about 3000 a year , i have have worked in proryerty development ir built home which unfornuntaly turned out to be a disaster as builder were dishnest and left me with a half finished house - so after ayear of ligation with him , i cant get anything . so that was my means of gaining more income .. -. I suffer from anxirty and dyslexia so i not that good at being in office. any way i am a proffessional artist and that is what i do .
please let me know what i should be f looking out for when i make my questionairee and statement of issues .
i am in debt cos of teh building mess so i cant afford direct legal conusel .
surely it must be illegal of his lawyer to advise him not to make the 25% of hos bonus .
if you can get back asap ... thank you