Capital needs

[Oneofmany]

Hi all, about to get into finances and hoping to get a financial consent order agreed and just wondered if the system is as corrupted as the CAO process? Or is it conducted fairly and based on fact rather than bias towards the mother? (obviously I want to do the right thing by the children).

Is there anyway you and ensure the settlement monies be directed to the children> i.e stipulate a portion on the settlement be put aside for further education in some kind of trust fund. Or is this simply not a thing??

Tia

 

[Jumper85]

I've not heard of such thing and I'd only ever expect the courts wouldn't award money to be directed to the children unless it was mutually agreed and finances allowed, ie there was surplus beyond needs. I'd expect the courts to say if each parent wants to put money in a trust from their proportion of settlement, then it's the prerogative to do so. You'd have to question yourself as to why you'd expect money out of the ex's settlement proportion to be reduced in order to be awarded directly to the children at her disadvantage.

And to answer your question, I felt there was no bias towards the mother in financial settlement.

 

[Oneofmany]

thanks @Jumper85 I guess I might hope she would see a proportion of the settlement for the childrens future needs. But I know I'm being naive. Thanks for the response,