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Relationship Discussion (non-explicit)
Reply to "Predicting spousal support"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I don’t understand why 50/50 on assets plus child support isn’t what you should expect. Alimony is an injustice to any person. The marriage is over, but then financially everyone pretends like it isn’t? [/quote] Except that one spouse is forced to absorb all the downside of supporting and sacrificing for the other’s career opportunities while the other harvests all the upside. You can’t make it be over unless you have a magical time machine that resets the spouse’s age and opportunities to where they were before they had to stop working. Alimony recognizes the impossibility of that.[/quote] How does Dad get compensated for the time and relationship he gave up with his children? I think of my own DH who did give up career opportunities when our kids were young to coach their sports teams by limiting travel and work dinners. He had to manage his schedule to do take on his share of pick ups/drop offs/ doc appts. All of this has made him an equal parent to me and the kids turn to both of us when they need stuff as college kids. I think he would have lost a lot if he didn’t put in the work to build this relationship with them (which didn’t actually come naturally to him). I am not unsympathetic to the argument that women who stayed home gave up opportunities for the family and should be acknowledged in a divorce. But how do you calculate the effect on the other spouse? [/quote] Why do you assume they aren’t? Working has nothing to do with that as it depends on the job and person. If they choose not to, that was their choice. [/quote] Well most of the arguments for alimony are based on the spouse giving up her job prospects to do all the parenting and household tasks that frees the Dad up to focus exclusively on career. Yes, it’s a choice both parties make and it isn’t without risks to either. Moms lose their earning power and Dads don’t build the relationships they could have. I actually think the latter is a bigger tragedy. I believe that 50/50 custody split, 50% of marital property and retirement accounts, child support, funding college plans at the same rate as prior to divorce, agreement on protecting children’s inheritance through trusts, and some time limited spousal support should be markers of high net worth couple divorces. I have a hard time getting to indefinite alimony, absent a post nup agreement. Both adults know the risks they took. [/quote] Kids aren't entitled to inhertances. [/quote] No of course they are not. But if divorcing spouses can agree on inheritances for their joint kids, I think it’s a great time to get the agreement on paper. [/quote] You choose who you want your inheritance to go to and he do his. We are married and that’s what we did after each other. [/quote]
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