The document discusses several factors that affect the cost of divorce, including: 1) Assets will likely be split 50/50, though contributions during the marriage are considered, so a stay-at-home parent may not necessarily get less. 2) The shorter the marriage, the less assets will be split evenly and contributions will matter more. 3) Housing and child maintenance for children under 16 are prioritized, so the spouse who is not the primary caregiver may have to move out and still pay costs. 4) Pensions can be considered depending on age and health, though the final agreement depends on court decisions. 5) Seeking legal and financial advice is recommended to plan

1. T H E C O S T
O F
D . I . V . O . R . C . E .

2. B e p r e p a r e d t o s h a r e
e v e r y t h i n g 5 0 / 5 0
The division of assets can also be affected by the following...

3. The law will prioritise housing and child
maintenance for children under 16.
If you are not going to be their primary
caregiver, make sure you factor in the cost of
child maintenance
Children

4. Earnings & Contributions
If one party has stayed at home to care for children, this is taken into
consideration as their overall earning potential has been reduced.
If you have been paying private school fees whilst the other has been
the homemaker, it does not automatically mean that they will get less!

5. Length of marriage
The shorter the marriage, the less likely the assets will be split
50/50 and will be based more on contributions made by each party

6. Priority is given to ensure both parties have housing.
This could mean selling the family home to cover both parties.
But if there are children under 16 and you are not the primary caregiver,
you may have to move out and still pay costs...
Financial needs

7. Your age and health can affect whether or not your
pension is considered too.
This will depend on what is agreed on in court
Pension

8. Planning for life after divorce can be
tricky so you may wish to consider
seeking legal and financial advice

9. Thoughts?
Comments?
Let us know...