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How can I make ends meet?

  • Miracle
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13 May 14 #433238 by Miracle
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Little Mr Mike,

You have given me a great amount of advice and I want to thank you for this.
We are at the early stages of divorce, haven''t received yet the acknowledgement letter from Court.
As soon as I get that I have been advised by my solicitor to get in touch urgently.

I also have used the HMRC calculator to see how much tax credits I can get.
At the moment we are dealing with the mediation office as well but I am worried I might be put in a corner and made to accept his proposals. I will not accept it if is not reasonable.He already bullied me via txt messages into agreeing a split that he considers to be fair and I told him to sod off as couldn''t agree with something until I have proper advice from solicitor.
I have just about have finished collating the info for financial disclosure and this should make the situation more clear.

I will also have a read through the articles you mentioned. Thank you for these.

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13 May 14 #433245 by Miracle
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Little Mr Mike,

I found this on one of the articles you mentioned about."There is a possibility ( especially if there is a significant financial inbalance between the spouses ) that the weaker party could make a claim on the other’s estate even after divorce, under the Inheritance ( Family Provision ) Acts. If this applies to you, then tell your solicitor, as there are certain practical steps that can be taken to minimise the risk."
My husbands mum and dad have a house that is worth 250K or something like that and I believe they want to pass on some of the value of the house to their children whilst they are still alive. In one of our arguments he said he wants a Clean Break and he would be pissed off if I was to go for the above... I didn''t understand much of it. Thanks

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13 May 14 #433255 by LittleMrMike
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Miracle

No, you have got it wrong.

What I was talking about is this. I used to pay spousal maintenance to my ex wife.

If, for argument''s sake, I were to die when she is still alive, and I make no provision for her in my will, then she would have the right to claim from my estate.

Your in laws are hardly likely to give their son £250K while he is in the middle of a divorce because it would form part of the total marital assets available for distribution.

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13 May 14 #433269 by Miracle
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Hi LittleMrMike,

Sorry I might have misunderstood then.
I think that''s what my husband is thinking as well that in the eventuality of him dying earlier than me I should not have any further claim on his estate after divorce.

Thank you for clarifying.

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