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Relationship Discussion (non-explicit)
Reply to "How would you divide the money in this divorce scenario?"
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[quote=Anonymous][quote=Anonymous][b]What should you get? Half of all funds accrued during marriage -- it doesn't matter how they are held (yours, his, joint, and retirement/non-retirement).[/b] Plus an adjustment in your favor for the 18 months you weren't working to care for family. The fact that you might get an inheritance is irrelevant. You never know if the money will come - the holder could get sick, need expensive elder care or the market could go down or the will could be changed. You also mention that you have a child together, and I notice that you have saved very little comparatively. Why do you have such little savings? Did you downshift a career to be the primary parent to your DC? If so, more adjustment in your favor for having a less demanding career that would allow you to do that. You will have to save more if you divorce. You have nowhere near what you need for retirement, nor do you have what you need to raise a kid by yourself, and pay for college. [b]Note: half of every thing accrued since marriage is not the same as half of all funds and it is consistent with a prenup that says "take out what you brought in". [/b] [/quote] Exactly! This is the law. That is it.[/quote]
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