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Relationship Discussion (non-explicit)
Reply to "Headed for divorce, need practical advice"
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[quote=Anonymous]What's your larger financial picture--what is the mortgage and what is your salary, what cushion in savings, what kind of medical or other costs might you have besides the usual life costs, what are your salaries, and does your spouse want to move out of state for a new job? how much equity in the home already? could you trade other shared assets for equity in the home, refi etc/ a friend in similar situation gave up all other interests (retirement accounts, investment) to buy out her spouse, and stayed in the home. after kids grew up and left, she sold at a very tidy profit. I think she borrowed money from parents to buy out her spouse and child support was moderately helpful. it was helpful because he recognized that one of them needed to live in a good school district and he was able to buy something for a lot less in a transitional area with not such great schools but that was poised to go up in value (as it did). [/quote]
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