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[quote=Anonymous][quote=Anonymous]Wife makes $200K/year.  Husband makes 145K/year.  Wife paid 100% of a 500K deposit on their $1.2 million house, using family money.  Except for mortgage the couple is debt-free.  They have one kid in elementary school in DC.

Wife's family has money and their support has allowed her to max out 401K, so her retirement savings are about twice husband's.

Wife is just starting to think about separation and hasn't contacted an attorney yet.  She's just looking for a general sense of what would be a reasonable distribution of assets.

She wants to keep the home and buy H out, but what's fair in this case, where wife put down 100% of the deposit?  They have split all costs (house, family, etc.) in proportion to their salaries, so the house is the only instance in which she's paid for something very big.  She put down $500K when they purchased home for 1.1 mil.  Now it's worth 1.25-1.3.

They will have 50-50 custody.  What will child support for their 4th grader look like in this case?

They have been married for 9 years.  Will alimony be required?

Wife's parents have already fully funded the kid's 529 (amazing), so no worries about educational expenses.

Both W & H want to keep things relatively amicable for the kid.

Thoughts on the questions above?[/quote]

The child support and alimony will be determined by formula. That's not THAT huge of a delta. There will be some child support, probably not a huge amount. There may or may not be alimony, depending on the state.

The $500,000 down payment depends on when it was made, but if it was during the marriage, he's going to get half of that in the asset split. He'll also get half of her 401K (and she half of his). The family money stuff is irrelevant, unless there's some prenuptial agreement in place.

She will likely not be permitted to keep the home and buy out the husband, unless he consents to it. He should not consent to it.

The wife's family money might allow her to spend on a bulldog of an attorney if things get acrimonious. And I predict they will, as couples almost always start out saying they want to be amicable for the kid, but when push comes to shove they'll fight.  Since she has more resources, she might be able to bully her way to a more favorable settlement. But if he sticks to his guns and fights for what he's owed, he'll probably get it.

Stop talking about the family money in terms of what was procured during the marriage, however. That's completely irrelevant to anything.[/quote]

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