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Savings- Matrimonial or Non - matrimonial

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Blundered
Posted by
New Member

19 Feb 25 #525091 by Blundered

Topic started by Blundered

How will my savings be treated in financial remedy proceedings after a 13 year separation ?

WYSPECIAL
Moderator

20 Feb 25 #525093 by WYSPECIAL

Reply from WYSPECIAL

When were they built up?

If they are wholly from the period that you have been separated then you should be able to ring fence them.

But if it is all there is and your ex has a need then you may end up having to pay some of them over to them.

If they were built up in the time you were together then they’re a matrimonial asset and the starting point for division will be 50/50

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