In our weekly series, readers can email any questions about their finances to be answered by our expert, Rosie Hooper. Rosie is a chartered financial planner at Quilter Cheviot and has worked in financial services for 25 years. If you have a question for her, email us at money@inews.co.uk.
Question: I am going through a divorce with my husband and although I feel he would give me a fair split I am not sure how to evaluate it. How do you know if the money being offered is enough and will last my lifetime?
Answer: It’s encouraging that you and your husband are able to approach this constructively. Reaching an agreement without a lengthy dispute can make an already difficult period much easier to navigate.
Shorts
However, one of the challenges with any divorce settlement is that agreement and understanding are not necessarily the same thing. Two people can genuinely believe a proposal is fair without fully appreciating what it could mean for each of them years down the line.
