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Net effect schedule advice

Posted by SWiZ 
Net effect schedule advice
July 27, 2022 01:29AM
Can anyone please give me some advice on how to draw up a Net effect Schedule.

The court has asked me to provide one but I have no idea how to format it or even what it is exactly!!

I can find little information on the internet about them and I don’t want to pay for a solicitor to draw one up!

Should it include just the division of assets ie. House/shares etc or monthly outgoing as well?

Any advice would be gratefully received as this divorce should have been simple but is dragging on and on and on!!!


Thanks
Re: Net effect schedule advice
July 27, 2022 11:59AM
It is basically a schedule setting out the income, capital and pension each spouse would have if the proposal being put forward was to be implemented.

Frankly it is better to ask a solicitor familiar with that court to prepare it. Without knowing what these things look like it is all too easy for a litigant in person to present the court with an incomprehensible spread sheet. Explaining something non standard often takes a lot of time and risks trying the patience of the judge.
Re: Net effect schedule advice
July 27, 2022 07:27PM
David Terry Wrote:
-------------------------------------------------------
> It is basically a schedule setting out the income,
> capital and pension each spouse would have if the
> proposal being put forward was to be implemented.
>
> Frankly it is better to ask a solicitor familiar
> with that court to prepare it. Without knowing
> what these things look like it is all too easy for
> a litigant in person to present the court with an
> incomprehensible spread sheet. Explaining
> something non standard often takes a lot of time
> and risks trying the patience of the judge.

Thank you David. Unfortunately I’m no longer in a financial position to use a solicitor.
However I really appreciate your info.
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