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Reply to "How much alimony do you get if you were married for less than 2 years?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Friends of mine got divorced a few years ago. They had been married 10 years, no kids. She had no significant assets when they married. He already owned a small house. She was underemployed for the first 8 years of the marriage and unemployed for the last 2 years. She left with 1/2 of all their assets (including their house and his small side business), 4 years of alimony (enough to live on), and a cut of his retirement savings and future pension. She did her homework and got a great lawyer. A shorter marriage will result in a smaller alimony payout, but her having moved and being unemployed will likely result in some sort of alimony, even if only for a few months. [/quote] Sounds like he had perhaps the worst divorce lawyer to ever pass the bar. No kids? She worked at least part time for 8 of the 10 years? I get splitting the assets and a few years of alimony. But how the hell did his lawyer give up a huge cut of his client's 401k and pension?!?[/quote] It doesn’t say he gave up a [b]huge[/b] cut of his retirement. It says she got a cut of his retirement. [b]That’s fair. [/b]A portion of it was earned during the marriage, was marital, and should have been divided. [/quote] No. Fck off. If you split now, the idea that you get each other's money in 30 years is absurd.[/quote] If you are married greater than 10 years and don't remarry you get his Social Security. Greater than 10 years is considered a long term marriage. I have been married 20 years. My wife has not worked the vast majority of marriage. I have a seven figure 401k. I would assume I would have to give half of that to her and it would be rolled into an IRA in her name. I also have a cash balance pension that pays out later on from a company I started working at after we were married and no longer work at. I assume she would get half that pension check. She had no opportunity to save for retirement or contribute to SS in last 20 years. Why would I get to take her retirement money in a divorce? A ten year threshold is a huge bar to pass. Some rich folk married to poor folk have been know to file for divorce sometimes at year 9 years and 11 months sometimes without telling spouse. Past ten years is a long term marriage. [/quote] Divorce lawyer again: a 10 year marriage is generally considered a medium length marriage. [/quote]
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