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Has anyone has this problem, My ex partner now is saying that she is entitled to half of my Limited Company. I set this up 9 yrs ago when we were together. We have children together and she left me last year to go and live with another man. This is not the 1st time she has cheated on me . I pay her CM which she set up with the CMO .
There are two separate issues here - firstly child maintenance that you pay is based on your income from the company. The separate issue is the ownership of the company, and that will depend on how the company was set up in the first place (since it's a limited company, I think it's a matter of who the shareholders are). You are best speaking to your accountant about this (may need to speak to a solicitor later on in the process) to decide who legally owns what in the company. If it is all yours, and your weren't married, then I don't think she has a valid claim, but I'm not expert in this by any means, and I would definitely say you need a professional opinion on this.
Thank you for that. No not married to her. We were together 10 years but officially only 3 as she would not come off benefits. The company is Ltd. just me as director and shareholder. I take a wage from the company though I do have sub contractors working with me when I have work.
She is also claiming her share of house though she did not any money into it to buy it. That came from me selling my own house. once we moved in she paid nothing towards the mortgage but we had to put mortgage in both names so she owns a percentage of house. She has told everyone she will break me
She will have a claim on the house as it's in joint name, she may not have paid directly, but she has contributed towards the household expenses in some ways. I would seriously consider paying for an hour with a professional family lawyer (you can try to get a free 30 minute consultation, but I think you need more than this) to go over the figures and get recommendations as to what your rights are. I think the cost of this will easily pay for what you could save.
know she is entitled to a percentage of the house. I have emailed my accountant over what she said about my company. just waiting for him to get back to me before I take stuff to solicitor.
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