Hi ATP, I would certainly have a L in the mix and run past them what is being proposed. It may be fine, or there may be tweaks that need to be made in order to protect yourself. But if you have a L overview on things, this should protect you from falling into any potholes in your settlement arrangements.
To give an example from my sitch, my H proposed selling one of our two properties and we each take 50/50 (roughly what we put in anyway.) It sounded OK to me and would allow me to buy the flat I'm renting now. But it isn't 50% of our assets and I would have 'given up' the only asset (or leverage) in my name, without dealing with the rest. Worst case scenario, he spends everything else or gambles it all away - just too big a risk. So, I said yes to the house sale, as part of full settlement - ie: pothole avoided. However, I would never have worked through all of that without L input.
Do proceed wisely and with a suitably qualified adviser. Remember, this isn't just about you, it's about securing the best possible future for your family too.
Take care xx
T 13 M 7 Me 48 H 46 SS 15 BD 7.14 PA D final 5.16 (H filed)
We receive & we lose, and must try to achieve gratitude & embrace with whole hearts whatever of life that remains after the losses - Dubus
