Wednesday 1 October 2014

Divorce Calculator

divorce

Wikivorce is a well respected, award winning social enterprise


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Divorce Calculator

When you get divorced in England and Wales you need to agree on a fair financial settlement:
  • What happens to the home? Who will stay in it? Will it be sold? How will the equity be divided?
  • How will pensions be treated? Will they be shared?
  • How will savings and investments be divided?
  • Will there be any child or spousal maintenance payable? How much and for how long?
The area of family law that defines what is fair is known as Section 25 of the Matrimonial Causes Act 1973. For more information read our article How to calculate a fair financial settlement on divorce. The law is not prescriptive, it provides some guiding principals but leaves a lot of room for interpretation. This makes it very difficult for divorcing couples to get clear information on what they are entitled to.

We offer two ways for you to get an indication of what a fair settlement should be:

(to use the divorce calculator you have to register with Wikivorce)

Free Divorce Settlement Calculator

Legal Advice on Financial Settlements

calculator.jpgThis tool will provide a very rough estimate of a fair financial settlement based on a limited set of criteria.
solicitor-suit.jpgFor a more accurate indication of a fair settlement we offer a fixed price consultation with a family solicitor.
Register Now Find Out More
To use the divorce calculator you need to register (its free and takes 2 minutes). Once you have registered, log on and make your way back here.
A "Start Calculator" button will appear on this page.
Disclaimer: You should take legal advice on your financial position before you make any decisions about a financial settlement. Do not rely on the results of the divorce calculator.The calculator provides only a very rough indication and the ambiguity of the law plus the limited data it uses as input means that the results may not be accurate and should be treated with caution.

For example: if the wife has disabilities or serious health issues then that may significantly affect the settlement and that would not be factored in to the calculators results.

Source:- http://www.wikivorce.com/divorce/Divorce-Calculator.html
Local solicitors tend to be reluctant to provide an indication of a fair settlement wihout going through a lengthy full financial disclosure process that takes months and costs thousands of pounds. We know how important it is for you to have some idea of what is fair before you start negotiations with your spouse or go along to mediation service to discuss finances. So we have come up with a comprehensive consultation service that cuts out all of the unnecessary bureaucracy and gets straight down to working out what is fair, based on the financial information that you provide to us.

This service can be completed in just a few weeks, can be done with or without the co-operation of your spouse and costs just £199.

More on
Legal Advice on Financial Settlement.

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