Free UK Divorce Settlement Calculator
March 20th 2024
“What am I entitled to in a divorce settlement” is one of the most popular questions couples ask when considering divorce. Well, now we can assist you through our Online Divorce Calculator.
We have developed a quick and easy divorce asset calculator to offer insight into your financial standing before reaching a divorce settlement. It will assist you in cataloguing your assets, tallying your debts, and exploring the division of property and financial resources.
Use our free quiz to get a rough idea of what you can expect if you get divorced, along with a custom report on all the most important aspects of a divorce settlement, such as children, asset division, and maintenance.
Start Your Journey To a Fair Settlement
Divorce settlements can significantly impact your future. That’s why it’s essential to approach them with the right knowledge and tools.
Our divorce settlement calculator empowers you to take control of your settlement, ensuring you’re well-equipped to negotiate terms that protect your interests.
If you’re going through a separation or divorce and wish to learn more about entitlements and assets division, our free divorce settlement calculator will be useful. This calculator is for guidance purposes, it is not a substitute for professional legal advice.
To give you the best information, we’ll ask you questions about your assets, debts, income, children, earning potential, and length of marriage.
Here is what you’ll learn from completing the questions below:
- Explanation of how assets are typically divided (e.g., equitable distribution or equal sharing).
- Information on how the court considers the welfare of children in financial settlements.
- The potential impact of prenuptial agreements or postnuptial agreements.
Divorce Settlement Calculator
Fill out the short questionnaire below, and we’ll create a custom divorce settlement report for you, outlining what your divorce entitlements are and what your financial settlement could look like.
Your Customised Report...
You told us you've been married 1-5 years
There may be fewer marital assets to divide if the marriage is relatively short. However, each party’s non-marital assets (What they brought into the marriage) will often be taken into account.
Spousal maintenance may be less likely or may be granted for a short duration, depending on the circumstances. For example, if there is a significant discrepancy in income or if one spouse sacrificed career advancements to support the other spouse or care for any children.
Debts incurred during the marriage will need to be divided. The responsibility for debts may be assigned based on who incurred them or who is better able to pay them off.
The concept of a 'clean break' is encouraged in UK divorces, where possible. This means that the parties sever all financial ties with one another. However, a clean break is only possible if ongoing maintenance is not required.
You told us you've been married 5-10 years
The division of assets may become more complex as the couple may have acquired more property together. The increase in shared assets and possibly in each spouse's individual wealth can complicate the division process.
Assets and liabilities that are typically considered include property, pensions, savings, and debts. This is not an exhaustive list - the division of assets will depend on your specific circumstances.
Spousal support is more likely to be considered, and the duration may be longer compared to a shorter marriage, especially if one spouse has become financially dependent on the other during the marriage.
The same considerations apply as in short-term marriages, with the best interests of the child being paramount.
You told us you've been married for over 10 years
After a long marriage, it is more likely that the court will aim for an equal division of all marital assets, which include property, savings, investments, and business interests acquired during the marriage. Equal does not mean 50/50 in most cases.
Maintenance is more common in long-term marriages, especially if there is a significant disparity in income.
The court will consider factors such as the age of the parties, the standard of living during the marriage, the earning capacity of each spouse, and the contributions made by each spouse to the family welfare, including looking after the home or caring for the family.
Pensions are often one of the most significant assets. Pension sharing is a common feature of divorce settlements, and the court will consider the value of the pensions accrued by both parties during the marriage.
Decisions will need to be made about whether the family home should be sold or whether one party should remain in it. This is particularly important if there are children, as their need for stability will be a significant factor.
Future potential inheritance is not usually considered a matrimonial asset. However, if one party is likely to receive an inheritance imminently, it may be taken into account, particularly if it is relevant to meeting the needs of either party.
You told us you have children under 18 and/or still in education
Decisions will need to be made regarding whom the children will live with (residence) and how much time they will spend with the non-resident parent (contact). The court's primary consideration is the children's best interests, and it will seek to minimise disruption to their lives.
The non-resident parent is usually required to pay child maintenance to the resident parent to contribute to the children's everyday living costs.
The amount can be agreed upon between the parents or, if no agreement can be reached, determined by the Child Maintenance Service. The level of maintenance is generally based on the non-resident parent's income and the number of children they need to support.
The need for suitable housing for the children will be a priority. This may affect decisions about the family home, with the court potentially awarding the resident parent the right to stay in the home with the children until they reach a certain age or complete their education.
You told us you don't have children under 18 and/or still in education
You told us you don't have children but your spouse/civil partner does
Generally, step-parents are not legally obliged to pay child maintenance for stepchildren after a divorce unless they have legally adopted them.
However, the courts can consider the welfare of any child who has been treated as a 'child of the family' and, in some cases, may order a step-parent to make child maintenance payments if they consider that the step-parent has assumed financial responsibility for them during the marriage.
It's important to note that each divorce case is unique, and the court will take into account the specific circumstances of the family when making decisions. The best interests of all children involved will be a primary consideration. Legal advice from a family law solicitor can help clarify how stepchildren might impact a divorce settlement in your particular situation.
You told us you have reached a financial settlement with your spouse/partner
Obtaining a consent order is crucial after reaching a financial settlement in a divorce, even if you have agreed on the terms without the help of solicitors.
A consent order makes the agreement legally binding. Without it, the agreement is a private arrangement that cannot be enforced by the courts. This means that if one party does not comply with the terms, the other party has limited recourse.
A consent order can include orders for the sale or transfer of property and the division of pensions, which are not possible without a court order.
Finally, a consent order can include a 'clean break' clause, which means that both parties agree to have no further financial claims against each other, now or in the future.
This is especially important for protecting inheritances, future earnings, lottery wins, or other windfalls.
You told us you haven't reached a financial settlement with your spouse/partner
If you don’t have any children, you can focus on reaching a fair divorce settlement that caters to your current and future needs.
You told us you don’t need to do anything as you have limited assets
Even if you and your ex-spouse have limited assets to split, it is still a mistake to forego obtaining a consent order after a divorce.
Without a consent order, your ex-spouse could potentially make a financial claim against you in the future, regardless of the current size of your assets. As your financial situation may change over time, you could be at risk of future claims if you come into money or assets later on.
A consent order can include a 'clean break' clause, which means that both parties agree to have no further financial claims against each other. Without this, there could be ongoing financial ties and potential for disputes.
Although there is a cost associated with obtaining a consent order, it can be more cost-effective in the long run compared to the potential costs of future legal proceedings if disputes arise.
You told us you have a pre or post-nuptial agreement
While prenuptial agreements are not automatically legally binding in England and Wales, the Supreme Court's landmark decision in the case of Radmacher v Granatino (2010) established that such agreements should be given decisive weight if entered into freely by both parties and with a full understanding of the implications, unless it would be unfair to hold the parties to their agreement.The court will take into account the circumstances at the time of the divorce, which may have changed significantly since the prenuptial agreement was signed.
Changes in circumstances, such as the birth of children, a change in financial situations, or health issues, can influence how the court views the agreement.
If you are facing a divorce and there is a prenuptial or post-nuptial agreement in place, it is highly advisable to seek legal advice.
A solicitor can help you understand how the agreement might impact your divorce settlement and represent your interests throughout the process. The court's approach to prenuptial agreements can be complex, and legal guidance is key in navigating the potential outcomes.
You told us you don't have a pre or post-nuptial agreement
When a couple gets divorced without a pre or postnuptial agreement in place, it is down to the couple to negotiate a divorce settlement. This can be done with the support of solicitors, or through mediation. It can also be done between you if you can agree to a fair and equitable solution.
If there is no agreement, you may need to ask the court for help, which could see a Judge determine what happens to your money and assets, and ultimately, who gets what.
You told us you aren't sure if you have a pre or post-nuptial agreement
It's important to get a full and transparent view of your respective financial situations when reaching a financial settlement.
During the divorce process, both parties are required to provide full financial disclosure through a document called 'Form E' in the UK. This form details all assets, including property, pensions, savings, and other investments. Both parties must complete this form truthfully and accurately.
Remember that both parties have a legal obligation to disclose all assets fully and honestly in divorce proceedings. Intentionally hiding assets can have serious legal consequences.
It's crucial to seek legal advice to ensure that you receive a fair settlement and that all assets are accounted for in the divorce.
A family law solicitor can help you understand your rights and guide you through the process, including taking steps to uncover any undisclosed assets.
You told us you or your spouse owns a property or properties
Dividing a property in a divorce can come in various forms. Selling and splitting the proceeds, buying the other out, transfer of ownership, and deferring the sale to name a few.
Property owned before the marriage, inherited property, and gifts are often treated differently from property acquired during the marriage.
However, all assets can be taken into account, and in some cases, non-marital assets may still be divided if the court deems it necessary to achieve fairness.
The court has wide discretion to achieve what it considers to be a fair division of assets, which could include ordering the sale of property, transferring ownership from one party to another, or awarding a greater share of other assets to one party if the other retains property.
Before doing anything, ensure you have an accurate valuation carried out for your property.
You told us neither party owns a property or properties
You told us you aren't sure if a party owns a property or properties
It's important to get a full and transparent view of your respective financial situations when reaching a financial settlement.
During the divorce process, both parties are required to provide full financial disclosure through a document called 'Form E' in the UK. This form details all assets, including property, pensions, savings, and other investments. Both parties must complete this form truthfully and accurately.
Remember that both parties have a legal obligation to disclose all assets fully and honestly in divorce proceedings. Intentionally hiding assets can have serious legal consequences.
It's crucial to seek legal advice to ensure that you receive a fair settlement and that all assets are accounted for in the divorce.
A family law solicitor can help you understand your rights and guide you through the process, including taking steps to uncover any undisclosed assets.
You told us you or your partner have savings or investments
You need to determine the current value of all savings and investment accounts. This includes bank accounts, stocks, bonds, mutual funds, ISAs, cryptocurrency, and any other investment vehicles.
The court will consider the origin of the savings and investments. Money inherited or received as a gift may be treated differently from money earned during the marriage. However, all assets can be considered for division if necessary to achieve a fair settlement.
Be aware of any potential tax implications when dealing with the division of investments. It's often beneficial to consult with a financial advisor or tax specialist to understand the consequences of transferring or liquidating assets.
Ultimately, savings and investments will form a part of the overall settlement, depending on their value and the other assets you hold within the marriage.
You told us you or your partner don't have savings or investments
You told us you aren't sure if you or your partner have savings or investments
It's important to get a full and transparent view of your respective financial situations when reaching a financial settlement.
During the divorce process, both parties are required to provide full financial disclosure through a document called 'Form E' in the UK. This form details all assets, including property, pensions, savings, and other investments. Both parties must complete this form truthfully and accurately.
Remember that both parties have a legal obligation to disclose all assets fully and honestly in divorce proceedings. Intentionally hiding assets can have serious legal consequences.
It's crucial to seek legal advice to ensure that you receive a fair settlement and that all assets are accounted for in the divorce.
A family law solicitor can help you understand your rights and guide you through the process, including taking steps to uncover any undisclosed assets.
You told us you or your partner own a business
Dealing with a business during a divorce can be one of the more complex aspects of the financial settlement process. The business may represent a significant portion of the marital assets and can be a source of income for one or both parties.
Obtain an accurate valuation of the business. This can be complex and may require the services of a professional business valuator or forensic accountant. The valuation should consider not just the current value but also the business's future potential, its liabilities, and any other relevant factors.
The nature of the business (e.g., sole trader, partnership, limited company) will affect how it can be dealt with in a divorce. Different structures have different implications for division and transfer of ownership.
Some of the options available to you could involve selling the business, transferring shares, buying the other party out, or deferring the sale or transfer, for example.
You told us neither of you own a business
You told us you aren't sure if either of you own a business
It's important to get a full and transparent view of your respective financial situations when reaching a financial settlement.
During the divorce process, both parties are required to provide full financial disclosure through a document called 'Form E' in the UK. This form details all assets, including property, pensions, savings, and other investments. Both parties must complete this form truthfully and accurately.
Remember that both parties have a legal obligation to disclose all assets fully and honestly in divorce proceedings. Intentionally hiding assets can have serious legal consequences.
It's crucial to seek legal advice to ensure that you receive a fair settlement and that all assets are accounted for in the divorce.
A family law solicitor can help you understand your rights and guide you through the process, including taking steps to uncover any undisclosed assets.
You told us you or your partner have a pension
In a divorce, pensions are often one of the most significant assets, and there are several ways in which they can be shared between the parties in the UK.
Here are the main methods:
- A Pension Sharing Order provides for a percentage of one party's pension to be transferred into a pension in the other party's name. This creates a clean break between the parties in terms of pension provision, as the recipient will have their own pension pot to manage independently.
- Pension Offsetting: Instead of splitting the pension itself, the value of the pension is offset against other assets. For example, one party may keep their entire pension, while the other receives a larger share of the family home or other investments.
- Pension Attachment Order (or Pension Earmarking): This is where the court orders that when the pension becomes payable, a portion of it (either a lump sum or ongoing payments) is paid to the ex-spouse.
When deciding on how to share pensions, courts will consider various factors such as the length of the marriage, the age and health of each party, their future earning capacity, and other financial resources.
You told us neither of you have a pension
You told us you aren't sure if either of you have a pension
It's important to get a full and transparent view of your respective financial situations when reaching a financial settlement.
During the divorce process, both parties are required to provide full financial disclosure through a document called 'Form E' in the UK. This form details all assets, including property, pensions, savings, and other investments. Both parties must complete this form truthfully and accurately.
Remember that both parties have a legal obligation to disclose all assets fully and honestly in divorce proceedings. Intentionally hiding assets can have serious legal consequences.
It's crucial to seek legal advice to ensure that you receive a fair settlement and that all assets are accounted for in the divorce.
A family law solicitor can help you understand your rights and guide you through the process, including taking steps to uncover any undisclosed assets.
You told us you or your partner have any debts or outstanding liabilities
When dealing with debts in a divorce, it's crucial to approach the matter carefully as it can significantly impact both parties' financial futures.
Both parties must fully disclose all debts, just as they must disclose all assets. This includes mortgages, loans, credit card debts, overdrafts, and any other financial liabilities.
Understand whether debts are in joint names or in the name of one individual. Joint debts are the shared responsibility of both parties, whereas individual debts are generally the responsibility of the person who incurred them. However, if individual debts were incurred for the family's benefit, they might be considered joint liabilities.
Debts will affect the financial settlement. The division of assets may need to account for the repayment of joint debts, or one party may be required to take responsibility for certain debts in exchange for a greater share of the assets.
You told us neither of you have any debts or outstanding liabilities
You told us you aren't sure if either of you have any debts or outstanding liabilities
It's important to get a full and transparent view of your respective financial situations when reaching a financial settlement.
During the divorce process, both parties are required to provide full financial disclosure through a document called 'Form E' in the UK. This form details all assets, including property, pensions, savings, and other investments. Both parties must complete this form truthfully and accurately.
Remember that both parties have a legal obligation to disclose all assets fully and honestly in divorce proceedings. Intentionally hiding assets can have serious legal consequences.
It's crucial to seek legal advice to ensure that you receive a fair settlement and that all assets are accounted for in the divorce.
A family law solicitor can help you understand your rights and guide you through the process, including taking steps to uncover any undisclosed assets.
You told us you have a similar earning capacity to your spouse
When both parties have similar incomes, the division of assets might be more straightforward. The court may be more inclined to divide assets equally, as both parties will likely be able to sustain their lifestyles post-divorce without additional support.
Similar current earning capacities can also indicate similar future earning potential, which can influence the court's approach to dividing future assets such as pensions or investments.
If both parties have a similar earning capacity, it may reduce or eliminate the need for spousal maintenance payments. Maintenance is often awarded to support a lower-earning spouse until they can adjust financially post-divorce, but if incomes are comparable, the court may determine there is no need for ongoing support.
It's important to note that while similar earning capacities can simplify some aspects of a divorce settlement, many other factors are also considered, including the length of the marriage, contributions to the marriage (both financial and non-financial), the needs of each party, and any children's needs.
You told us you don't have a similar earning capacity to your spouse
If you and your partner have different earning capacities, it can significantly affect the divorce settlement.
The lower-earning spouse may be entitled to spousal maintenance to help them maintain a reasonable standard of living after the divorce.
You told us you aren't sure if you have a similar earning capacity to your spouse
It's important to get a full and transparent view of your respective financial situations when reaching a financial settlement.
During the divorce process, both parties are required to provide full financial disclosure through a document called 'Form E' in the UK. This form details all assets, including property, pensions, savings, and other investments. Both parties must complete this form truthfully and accurately.
Remember that both parties have a legal obligation to disclose all assets fully and honestly in divorce proceedings. Intentionally hiding assets can have serious legal consequences.
It's crucial to seek legal advice to ensure that you receive a fair settlement and that all assets are accounted for in the divorce.
A family law solicitor can help you understand your rights and guide you through the process, including taking steps to uncover any undisclosed assets.
You told us you are financially dependent on your spouse
If you are financially dependent on your spouse and facing a divorce, the financial settlement process will take your dependency into account to ensure that you are treated fairly and that your needs are met.
You may be entitled to spousal maintenance payments from your ex-spouse. These payments are designed to support you financially after the divorce until you can become self-sufficient.
The amount and duration of maintenance payments depend on various factors, including the length of the marriage, your age, your health, your ability to earn, and the standard of living during the marriage.
The division of assets may be adjusted to favour the financially dependent spouse to ensure they have the resources needed to live independently. This could mean a greater share of the marital home, savings, or other assets.
You told us you aren't financially dependent on your spouse
If both parties can live financially independent of each other and assets can be divided without on-going maintenance, a clean break order should be considered.
You told us you're not sure if you are financially dependent on your spouse
It's important to get a full and transparent view of your respective financial situations when reaching a financial settlement.
During the divorce process, both parties are required to provide full financial disclosure through a document called 'Form E' in the UK. This form details all assets, including property, pensions, savings, and other investments. Both parties must complete this form truthfully and accurately.
Remember that both parties have a legal obligation to disclose all assets fully and honestly in divorce proceedings. Intentionally hiding assets can have serious legal consequences.
It's crucial to seek legal advice to ensure that you receive a fair settlement and that all assets are accounted for in the divorce.
A family law solicitor can help you understand your rights and guide you through the process, including taking steps to uncover any undisclosed assets.
Based on the answers to the questions, reaching a financial settlement should be straightforward. If you can agree to a financial settlement, our online consent order service can help save you thousands in legal fees.
Our solicitors will take your verbal or written agreement and draft a legally binding court order to ensure your agreement stands up and can be enforced by the family courts.
Online Consent Order Service - £449 Fixed FeeBased on your answers to the above questions, you should be able to reach a financial settlement without needing to attend mediation or instruct solicitors.
Our solicitors can review your proposed financial agreement and provide you with a detailed report and phone call to discuss their findings.
If you are happy to proceed with your informal agreement without legal advice, our solicitors can draft you a legally binding financial consent order.
Online Consent Order Service - £449 Fixed FeeSeeking legal advice is advised based on your answers to the above questions. Reaching a financial settlement without advice on your rights could see you agreeing to a settlement that isn’t fair or equitable.
Get professional legal advice today for £200 fixed fee. Do you want to talk through the results with our team? For quick and reliable answers, speak with us on Live Chat or Request a Free Callback.
Solicitor Consent Order Service - £649Information on Financial Settlements
Related Information
- Does the length of marriage affect a divorce settlement?
- Can you appeal a divorce settlement if you think it’s unfair?
- Can financial settlements be reopened once they are approved?
- The dangers of getting a divorce without a financial settlement
- Typical UK divorce settlement examples
- What effect do second marriages have on divorce settlements?