I am going throu significant marital difficulties, the reasons for which I do not wish to detail. I have 4 kids aged 1-9, and my wife works full time at home. House worth approx 600K (???), with 100K left on mortgage, joint savings 120K + some small additional savings wife is unaware of.
I'm aware of the distinction between seperation & divorce, that family law case settlements are not reported on, rights to family home etc and that settlements are reviewable....
In very rough terms, what level of child maintenance/ spousal support / impact on pension (accumulated to date in marriage only or in future also?) that is likely to have to be paid, and is it a fixed amount or a % of ones overall after tax income? If wife stays in family home and I can't access any of the equity in the home at present, does this lower the amount of maintenance? Wife is adamant she will not work outside the home.
My after tax income is approx 80K and dropping...
Any general pointers would be helpful
I'm aware of the distinction between seperation & divorce, that family law case settlements are not reported on, rights to family home etc and that settlements are reviewable....
In very rough terms, what level of child maintenance/ spousal support / impact on pension (accumulated to date in marriage only or in future also?) that is likely to have to be paid, and is it a fixed amount or a % of ones overall after tax income? If wife stays in family home and I can't access any of the equity in the home at present, does this lower the amount of maintenance? Wife is adamant she will not work outside the home.
My after tax income is approx 80K and dropping...
Any general pointers would be helpful