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Relationship Discussion (non-explicit)
Reply to "Retroactive child support in MD?"
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[quote=Anonymous][quote=Anonymous]OP here. Thanks for all the advice, everyone! He moved out a year ago and the mortgage is fairly high, so that 1/2 of that is over $10k and potentially worth going to court over. If I could win it.... Similarly, $1,500 in child support for the past 6 months, plus something less for the first 6 months when DS was tentatively trying to live with him, is also potentially worth over $10k. Again, if I could win it.... The pension thing.... Yes, he has one, but he wants to retire at 56, which means a huge cut to his monthly pension amount. He wants a pension-sharing arrangement where I give him 1/2 of my much larger pension because I'm planning to continue working. So I said no, I'm not going to finance your early retirement. We're at an impasse here. So that's why I'm here! My lawyers can't offer certainty in the child support, mortgage, and pension issues if we go to court. I realize certainty doesn't exist! But I'm interested in others' experiences. [/quote] SInce you have a child about to turn 18, I am assuming you have been married at least 20 years? So you each have a stake in each of your pensions. Don't you have to quit for your pension to start paying out now? Otherwise, he gets half of the value of your pension at the time of divorce AND you get half of his at the time of divorce. The value of your pension will increase at a rapid pace from here to your retirement and the increase should be all yours, so he will not get half of what starts coming when you retire. This is where you figure out how much his is worth now and how much yours is worth now and split the difference through other assets like 401k type vehicles or house value. If they are roughly equal today- it will be a wash and you will walk away with your and he will walk away with his cause that is easier all around. [/quote]
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