How would you divide the money in this divorce scenario?

[Anonymous]

Anonymous wrote:Split whatever money came into the house after marriage, including all of his retirement funds accumulated after marriage.
Child support INCLUDING college funds.

If you quit working to care for your nuclear family or someone in HIS family like his parent, then some short-term alimony might be fair. If you quit working to care for other family, like your parent, then no alimony.

What’s custody going to look like? Who gets the house?

If one stops working for any reason, they get allimony.

[Anonymous]

OP, did you cheat?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Half his retirement fund, half the joint account, plus alimony since you're not working and child support for your child. Did he not think he was going to split retirement with you when you got married? Without a pre-nup, you should assume he intended for you to have half of any money he came in with.

She's not entitled to half his retirement when they didn't even get married until he was past 50 and had already saved most of it. Get real.

Marriage is a merging of two poeple in ot one -- that includes assets according to the laws of the relevant state. If he didn't feel that way, he shouldn't have gotten married and had a child, or should have had a differnet prenup - he wasn't a child groom after all.

That’s not how the law works.

Money is earned before the marriage is not considered marital assets.

The law does not believe you are emerging two people.

The law believes that while you’re married, whatever happens financially during the marriage is half the responsibility of one spouse and half the responsibility of the other spells, even if it’s Debt.

If you come into a marriage with student loans and get divorced, your spouse is not responsible for your student loans.

If you come into the marriage with money and get divorced, your spouse is not entitled to that money

Again, this is not accurate and OP needs to really get an attorney now who understands how her jurisdiction handles premarital assets and commingling. It is NOT black and white and these kinds of comments are going to lead OP into a situation that causes her to not exert her legal rights.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Split whatever money came into the house after marriage, including all of his retirement funds accumulated after marriage.
Child support INCLUDING college funds.

If you quit working to care for your nuclear family or someone in HIS family like his parent, then some short-term alimony might be fair. If you quit working to care for other family, like your parent, then no alimony.

What’s custody going to look like? Who gets the house?

If one stops working for any reason, they get allimony.

For the love of god, Op, please get off this thread because people are posting absolutely inaccurate and frankly weird things that are in no way associated with the actual law.

[Anonymous]

"If one stops working for any reason, they get allimony."

This is hilarious. Do you argue this if it's the man who decides to quit his job?

[Anonymous]

OP - you should hire an actuary who will tell you the extract amount of marital portion of the retirement, brokerages and house equity. Don’t walk away with less than 50% as it’s very hard for a woman in her 50s to rebuild wealth. It’s also best for your child that you get half of all marital assets and then transfer that wealth. Your exH may remarry to a 30 years younger woman tomorrow and you’ll feel really stupid leaving him all joint assets. My friend did it she thoroughly regrets it till this day

[Anonymous]

"Don’t walk away with less than 50% as it’s very hard for a woman in her 50s to rebuild wealth."

The husband is significantly older than the wife here. She has many more working years ahead of her to build a retirement fund, whereas he has practically none. Plus, he's worked every year they've been married while she didn't.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Split whatever money came into the house after marriage, including all of his retirement funds accumulated after marriage.
Child support INCLUDING college funds.

If you quit working to care for your nuclear family or someone in HIS family like his parent, then some short-term alimony might be fair. If you quit working to care for other family, like your parent, then no alimony.

What’s custody going to look like? Who gets the house?

If one stops working for any reason, they get allimony.

For the love of god, Op, please get off this thread because people are posting absolutely inaccurate and frankly weird things that are in no way associated with the actual law.

If she was not working for a period, she should get it to get back on her feet and get a job.

[Anonymous]

Anonymous wrote:"Don’t walk away with less than 50% as it’s very hard for a woman in her 50s to rebuild wealth."

The husband is significantly older than the wife here. She has many more working years ahead of her to build a retirement fund, whereas he has practically none. Plus, he's worked every year they've been married while she didn't.

50-50 for anything earned in marriage. Including she share her retirement and savings.

[Anonymous]

Anonymous wrote:Split whatever money came into the house after marriage, including all of his retirement funds accumulated after marriage.
Child support INCLUDING college funds.

If you quit working to care for your nuclear family or someone in HIS family like his parent, then some short-term alimony might be fair. If you quit working to care for other family, like your parent, then no alimony.

What’s custody going to look like? Who gets the house?

In many states child support ends at 18, and there is no obligation to count college costs as part of child support.

OP, there are a lot of bitter dummies in this thread. Please stop crowdsourcing this.

[Anonymous]

Anonymous wrote:You need a lawyer. He should give you a portion of retirement, and alimony. Don’t be bullied. He owes you this.

Why? She's abandoning him now that he's old and his income is dramatically reduced.

"You can't eat the orange and throw away the peal"... except in today's US.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Split whatever money came into the house after marriage, including all of his retirement funds accumulated after marriage.
Child support INCLUDING college funds.

If you quit working to care for your nuclear family or someone in HIS family like his parent, then some short-term alimony might be fair. If you quit working to care for other family, like your parent, then no alimony.

What’s custody going to look like? Who gets the house?

If one stops working for any reason, they get allimony.

For the love of god, Op, please get off this thread because people are posting absolutely inaccurate and frankly weird things that are in no way associated with the actual law.

If she was not working for a period, she should get it to get back on her feet and get a job.

This. Didn’t she say she’s been out of the workforce for 18 months? Drop in the bucket. Go get a job

[Anonymous]

Anonymous wrote:"Don’t walk away with less than 50% as it’s very hard for a woman in her 50s to rebuild wealth."

The husband is significantly older than the wife here. She has many more working years ahead of her to build a retirement fund, whereas he has practically none. Plus, he's worked every year they've been married while she didn't.

Fair enough. She has some time for her funds from the split to double with a conservative allocation between stocks and bonds. But she does not seem to have a lot of room to earn more.

She seems to be about 13 years younger. How much extra would she save for retirement over 13 years making 20 an hour? Not sure what she did before she quit, but the job market is tough and she has been out of the market for 18 months already. Remember she does not own a house so she has to pay rent.

[Anonymous]

Anonymous wrote:

Anonymous wrote:You need a lawyer. He should give you a portion of retirement, and alimony. Don’t be bullied. He owes you this.

Why? She's abandoning him now that he's old and his income is dramatically reduced.

"You can't eat the orange and throw away the peal"... except in today's US.

DP.

It was never an orange... Ask him why he did not marry a 50 year old woman

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Half his retirement fund, half the joint account, plus alimony since you're not working and child support for your child. Did he not think he was going to split retirement with you when you got married? Without a pre-nup, you should assume he intended for you to have half of any money he came in with.

She's not entitled to half his retirement when they didn't even get married until he was past 50 and had already saved most of it. Get real.

To beat a dead horse: she is entitled to half his retirement. Legally.

Wrong. She is legally entitled to only half of the retirement saved during the marriage. Premarital assets are not divisible in a divorce.

Wrong. In DC, it's equitable distribution, not equal distribution.