help with financial settlement as part of divorce

[dadof2]

Hi,

I have been separated from my eldest daughters mother since beginning of Dec 08 and I remain in the family home. After the split my eldest stayed with me 100% for several months, then over the years it slowly moved to a 50% arrangement.

The mother and I have always remained amicable and for one reason or the other divorce proceedings have only started in anger in the last 6 months or time.

There is no issue over child care or my desire to remain in the family home in order to provide consistency and stability for my daughter.

We just need to divy up the equity in the house, we have come to an agreement between us of around which sees me getting slightly more than 50%.. but the agreement is 'complicated' as I have agreed to transfer 5% ownership of house into my daughters name (who is only 8).. this effectively makes the split 50/50.

We both just want to get things sorted and formalised... feels like we are so close that we just want to get things done.

But thats the question.. what is the best way to get things formalised? Solicitors just want to sling mud and cause friction between us, visited a mediator this morning.. and it sounds like they can only do so much.. they can write up an outline agreement... but will need to go back to the solicitors for legal write up anyway.

Does anyone have any advice/experience of transferring % ownership to a child as part of a divorce agreement? I am not sure how common it is?

Thanks in advance!

Matt

[strangewayofsavin]

Re: help with financial settlement as part of divorce

what you have discribed is the best split, being amicable is the best way, do not forget, you employe your solicitor, they should act upon your command and wishes, forget the mud slinging, it only causes more trouble, tell your solicitor get it done without the crap, or you will get one who does.

[Hurricane Puffrose]

Re: help with financial settlement as part of divorce

you are being incredible you know its nice to read of a person thinking of the childs welfare

As savin says go to a solicitor and say what you want to happen, if you think its gonna get confusing why not write your agreement down and both sign it, that way the solicitor will know theres no point in even trying!

[SpringerSpaniel]

Re: help with financial settlement as part of divorce

There are some solicitors who do what is called 'collaborative family law' this is supposed to focus more on agreement and finding solutions than on conflict - perhaps this might be suitable ?