Agreement Builder - Dividing stuff | Relate Separation Readiness

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Getting started with Agreement Builder

When answering the questions that follow, keep in mind the best interests of your children. You might not have fully formed answers to every question at this stage, that’s okay.
The process of answering the questions in each agreement builder should help you consider what outcomes are best for your children and both of you. They can form a useful starting point when discussing your situation with your ex-partner or a legal representative such as a solicitor.

The starting point in England and Wales with respect to your assets when divorcing is 50/50, however the actual overall financial settlement will depend on your current circumstances and needs. Check the information in the dividing stuff topic to understand your position and rights. Taking this information into account, you will then want to think about what outcomes you’d like to see with respect to your matrimonial or jointly owned assets.

Communication

What decisions regarding assets do we need to consult each other on?

What decisions regarding assets don’t we need to consult each other about?

Do we need regular meetings to sort out our assets?

If you want to, you can explain your reasons for your choice in the follow on question.

Yes

Not sure

Please provide details for your previous answer

How will we settle disputes about assets?

How will we talk to the children about the arrangements we have made?

Dividing possessions

What outcome have you agreed when it comes to possessions?

If you have children, what outcomes have you decided on with their higher value possessions?

For example, such as gaming devices, TVs and bicycles.

List out all of the possessions of a high value, over £500 that you own

For example cars, jewellery and savings.

List all of the possessions you would like to keep, along with their value

List out any items that you will need that you currently only have one of but will need two after you separate

For example, white goods and furniture, along with the cost of acquiring them.

Are there any other cultural aspects that we need to make sure are respected?

Yes

Please provide details for your previous answer

Do you have assets that you will need to sort out?

Find out more in the dividing stuff topic. Use our assets calculator tool work out what you individually and jointly own. You can document the details and your desired outcomes using the Agreement builder – Dividing stuff. This will give you an understanding of what needs to be organised as part of your separation process.

Yes

What is the total value of your assets?

This is the total of assets you solely own.

What is the total value of your ex-partners assets?

This is the total of assets that your ex-partner solely owns.

What is the total value of any joint assets?

This is the total of assets that you jointly own.

What is the total value of assets?

This is the total of joint, ex-partner and your assets.

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Check your situation with our assessment tools

Assets calculator

Use this tool to do help you calculate your financial situation. Add the information to your 'Agreement builder - Dividing stuff tool' along with your thoughts around what outcomes you'd like to see.

Agreement Builder - Dividing stuff