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[Solved] Savings

 
(@daz110264)
New Member Registered

Hi

I need advice please on how safe my savings are?

I got divorced to my first wife in 2007 and later re married. I paid my CSA payments through my wages at work. I became ill and had to give up work and ended up becoming a carer for my second wife as she became critically ill and sadly passed away last Spring. I get a widows pension from the government for a year and pay £5 a week to my first wife from that. This will end in April and I am worried that my ex wife may be able to get her hands on my savings or my new partners savings. I cannot find employment but am trying. My new partner is retiring at the end of the month and worried that she may have to hand over money from her pension? I am worried that my ex may be able to get access to my private widows pension

Quote
Topic starter Posted : 01/03/2016 4:14 pm
 Mojo
(@Mojo)
Illustrious Member Registered

Himthere

I'm sorry I don't know a great deal about the financial side of things, but far as I am aware, if you didn't make a clean break order when you were divorced from your first wife, she may have claim on your pension. I don't think your new partners pension would come into this, it I think it's important to get some proper advice.

The CAB may be able to help you with this and some solicitors offer a free initial consultation, where you would be able to get confirmation of your legal standing.

There is also a very good website called Wikivorce.com where you may be able to get further information about where you stand.

Best of luck

ReplyQuote
Posted : 01/03/2016 5:34 pm
(@dadmod4)
Illustrious Member

I assume the financial side of the marriage was sorted out in the divorce, so you're just talking child maintenance now?

If your savings are less than £65,000 (that was the figure the CSA used anyway), then they don't take that into account. Equally, your new partner's income/pension is kept completely out of the equation, I'm not too sure about your pension - a standard pension would be counted as income and assessed, but a widow's pension might not be included in that.

ReplyQuote
Posted : 03/03/2016 2:05 am
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