Reply to: How much do contractors' wives get in divorce?

[expat]

and I was curious how they reckoned income, is it a case of current contract earnings? Or salary? Or last year's dividends? Or theoretical post-tax maximum earnings?

And do you stop paying when you're on the bench?

Your ex's solicitor will reckon your income as (highest daily rate you ever said you might be able to get) plus 20%, times 5 days time 52 weeks. And no reason to let you off the hook for failing to find a contract.

[BrilloPad]

I'll fling a Thermos of tea up. Can you fix a couple of slates whilst you're there, Batman?

The get me to drink so a need a wee then have to come down routine eh!

I ripped up a few more slates to throw at the rossers!

Sorry about that.

[Chugnut]

<dresses in lycra and climbs on Chugnut's roof>

I'll fling a Thermos of tea up. Can you fix a couple of slates whilst you're there, Batman?

[DodgyAccountant]

oh dear

"say stay at home wife, two pre-school children."

You need to get her out to work full time and stay at home full time with the kids.

Get your girlfriend to move in and change the locks. When wifey attempts to break in, call the police and say you feel threatened. Get injunction to keep her away and file for divorce. Do not let her see the kids - she is just too threatening and out of control.

Do not work until divorce finalised. Then get call centre job for 16 hrs a week.
This will entitle you to lots of tax credits and help with childcare (you will also get lots of tax free maintenance (if ex has salary, CSA will take it out at source). Make sure live in girlfriend has separate address so she can claim benefits if necessary and your claim not affected.

You will now have the kids, nice income and the house and live in girlfriend. If still not satisfied, force ex through the courts for access to children and make things as difficult as possible.

HTH

Dodgy

[BrilloPad]

Just reading this, the (according to the Daily Mail) 'Senior executive' at JP Morgan http://www.dailymail.co.uk/femail/ar...l-Tufnell.html

was made to pay £2750/month to the Mrs. then lied about his circumstances, and it was uprated to £3250. Claims he lives in a £1m Singapore flat, and kids go to a school which costs US$ $13-$16k depending on age. So obviously pretty loaded.

Doesn't seem that much, but then the £500,000 house ain't that much these days, so perhaps not as senioras implied?

How much would a contractor on say £500/day going through an Ltd. be made to pay?

Is this a serious question or hyperthetical?

[BrilloPad]

I doubt BrilloPad has an opinion on this.

<Ducks for cover>

<dresses in lycra and climbs on Chugnut's roof>

[Board Game Geek]

How much would a contractor on say £500/day going through an Ltd. be made to pay?

WGAS?

Divorce this, matrimony that, who get the kids, house possession....gak...this board is worse than the modern day equivalent of a Claire Rayner column.

[Peoplesoft bloke]

.......

And do you stop paying when you're on the bench?

If my sis's ex is anything to go by, you can just pay when you feel like it.

After several years and many "investigations" by the CSA he has paid a fraction of what he's supposed to, even on his declared income. Before they got divorced he once showed me how he evades tax - he is self employed in a business that mostly deals in cash.

[dude69]

and I was curious how they reckoned income, is it a case of current contract earnings? Or salary? Or last year's dividends? Or theoretical post-tax maximum earnings?

And do you stop paying when you're on the bench?

[dude69]

Go and see a solicitor.

This is not for me, I was just curious.

[Pondlife]

'
' Insert Brillopad's comment here
'
'


Dammit Chugnut!

[Chugnut]

I doubt BrilloPad has an opinion on this.

<Ducks for cover>

[Churchill]

say stay at home wife, two pre-school children.

Go and see a solicitor.

[Peoplesoft bloke]

say stay at home wife, two pre-school children.

As I said there's only one way to find out.

There is a formula for child maintenance but not for spousal maintenance (if she chooses to claim that)

Then there's the question of assets like house, cars, etc.

Even a lawyer can't tell you with any degree of certainty.

One thing to bear in mind that O/H can opt to have case heard in a place that suits them - in my case she chose London, even though neither of us has any connection with the place. This can up the costs (both of the process and the settlement) considerably.

A lot depends on how reasonable she's going to be about it, too.

[expat]

say stay at home wife, two pre-school children.

Didn't see that when I was typing previous answer.

You need good advice. Be prepared for the idae that the children's interests (as interpreted by the court) are paramount. Not "important", but "paramount". They override all other considerations.

So if the court decides that the children's interests are best served by the mother having custody, she will get it. She will then need a house for the family. Not help with a house, not a contribution, not the use of a house. Lock, stock, and barrel. It's not for her, it's for them.

Then money for the family, too.

None of this is a deal. It's not in return for access or anything. The divorce is not about the parents, if there are children: it's about the children. If there are children, everything is allocated for them, as the court sees it.