Is it possible to have a "good" divorce and remain friends/amicable?

[ataloss]

TIC - Tenants in common, thats what enabled us to have shares as opposed to joint tenants. I thought my inherited 25% would become part of the marital assets sadly (now anyway).

No way mum can move - she's not well enough (and the annex is tailor made for her needs) and this is having a huge effect on her health, and I don't think I will be able to mortgage with her owning 25%.

 

[Ash]

Sorry, I didn't realise she actually lived at the house with you. Well that is a good enough argument not to sell the house then!. Can you afford to remortgage and borrow the 37.5% of equity?

What about pensions? Do you both have pensions? If they are more or less equal then pension sharing can be left out of the equation. Sometimes people do a deal for more house equity in lieu of not having pension sharing, or vice versa.

Eg you could see if ex would accept just her 25% of the equity, but share your pension with her instead? She must know she won't be eligible for spousal maintenance, so I suspect she is wanting Child Maintenance. Have you worked out how much that would be? Based on your income? You can check here. Assuming child lives with ex more time than with you.

I would also get some legal advice about the Tenants in Common situation - I might be wrong that the marital assets would be 75%. You can get a free half hour's advice from a solicitor on the phone and just ask about this one issue mainly.

Calculate your child maintenance

Use this calculator to work out an amount of child maintenance for your children.

www.gov.uk

 

[Busydad1985]

By TIC I’m assuming Tenants In Common - although from everything I’ve read on it, this has zero bearing on a divorce. I’ve been curious as my house is 70% mine and 30% the wife, despite the fact I’ve co tributes 100% of the deposit, mortgage repayments and bills throughout the marriage. Still ends up starting at a 50/50 split and changes based on the needs of the other party