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Relationship Discussion (non-explicit)
Reply to "Divorce - who gets what? How should it be split?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I divorced over two years ago and consulted with two local law firms. Both highly experienced. This is what we did. 1. I wanted a clean and simple separation (in VA so we needed to be separated for 12 months first). No haggling over items, money, etc. 2. I had my attorney draft the documents and my wife initially agreed she would not get her own attorney because we didn't want to waste money. The more you send on attorneys the left you get. We laid it out like this (in general terms) 1. We have been married for 12 years and have one kid. VA law states I pay six years of alimony based on her own income. 2. She has one rental property with her parents. She keeps it. 3. I have one rental property with my parents. I keep it. 4. All cash in all accounts we had DURING our marriage is split 50/50. I had two 401k accounts prior to us getting married. I kept those. I also had a stock market account well prior to marriage. I kept that. 5. I rented a house nearby and she stayed in our primary residence with our kid. We sold her home a year after separating and we split the profits 50/50. 6. We share custody with our kid 50/50. There are many schedules you can select from. We choose one where she would see us both each week. The only outlier was our weekend home. We bought a small house on the water nearby I wanted to keep. She did not want it. So, after we sold our primary residence I gave her in cash 50% of the value of the weekend home. Done. I'm out. My kid is with me 50% of the time and some weeks longer. I'm happy. I've been dating and very very very happy with my life. Even people at work told me they can tell. But, the best part is coming home is no longer a dread of stress and tension. I come home, even to an empty house, and I feel peace. And I love time with my kid. [/quote] [b]this worked because you are low-drama and fair. not everyone is![/b] [/quote] That is correct. My ex can be high drama. But, I told her the facts. [b]If we fight we both lose money. [/b] She knows I can earn more money. Her, she doesn't have the drive like I do. So, she knows it's better to gain more from the separation. Plus, her parents would never approve of her trying to take more than 50% of what was ours (her parents love me still, even begged me not to divorce her). In the end, I had to prove to my ex that if we just used one attorney and followed Virginia law and split everything 50/50 we'd be better off than dealing two attorneys and fighting over things. 50/50 is fair and I was fine with it. She was also fine with it considering she got $400,000 cash and after we sold our primary she got an additional $600,000 cash.[/quote] Truth in bold[/quote]
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