UK Family Law
UK Family Law Questions Answered by Verified Experts
Thank you for your question
My name is Clare
I shall do my best to help you but I need some further information first.
What type of businesses are they?
But your income will be £21,000 a year?
What about the capital assets?
Sorry - no Matrimonial home?
Sorry there is no attachment
Where is your wife moving to?
Will you transfer the property to her?
My apologies for the delay - it was a very long court day yesterday.
The value of the Company (if it has any which is hard to assess but seems unlikely) certainly forms part of the matrimonial assets and as such could potentially help her secure a large part of the equity in the matrimonial.
Spouse maintenance if your income (including that from dividends) remains the same is unlikely as the difference between your earned income and hers is not that great.
However if you wish to protect yourself for the future it would be wise to negotiate a Clean Break settlement now - even if that requires agreeing a 60/40 split in her favour
I hope that this is of assistance - please ask if you need further details