Cryptic crossword clue
Dividing up in two, distressed after wife leaves one during split 12

The most common and most likely answer to this crossword clue is the 12 letter word PARTITIONING

I've seen this crossword clue in Financial Times
P
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Buddy explains!

The straight part
We know that "Dividing up" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case dividing up = partitioning.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does PARTITIONING mean?

PARTITIONING verb
  1. To divide something into parts, sections or shares
  2. To divide a region or country into two or more territories with separate political status
  3. To separate or divide a room by a partition (ex. a wall), often use with off
PARTITIONING noun
  1. The act or result of dividing into partitions; an arrangement of partitions.

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