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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think you've gotten some good math here, but I do agree that a consult with a lawyer might be good to give you a realistic idea of what the law would say.

So then you have a better idea, and you can go to him with a range of options.  Here's what the law says, but what if we did X, or shifted from X to Y, or balanced things this way or that way?

I'd also think through very carefully what you expect to need.  Depending on your state, college costs may be on or off the table (in terms of child suport).  Given expected inheritance, are you willing to forego some of his retirement for maybe a lump sum put into college costs?   Given his age, and you not working, how were those costs going to be covered?

It may be given his anxiety around retirement, that you could lay out scenarios that protect his retirement but give you other things of equal weight. Given his age, he must be concerned about being forced to work longer.  His retirement is not large and there are teenage costs looming - college for one but also maybe a car, or even the travel to visit college options, higher expenses for high school, etc.

What about the house or other marital property?  [/quote]

Do not, under any circumstances, make any life decisions based on an "expected inheritance"!  That inheritance can very quickly get eaten up in long-term care.  It is just straight-up dumb to live your life based on a contingency you don't control.  [/quote]
This is a good point. Taking less in a divorce because of an expected inheritance is idiotic. [/quote]

+1.

OP, this divorce is a financial disaster. You are both broke. How bad is the marriage? [/quote]

By what standards are we broke? We're not Rockefellers but I know people who are broke, and we have a lot more than they do.[/quote]

You have 2M in assets, most of which has not yet been taxed, no jobs in your 60s and 50s, and a kid who is not yet in college. Now you are about to have 2 households. Are both of you going to pay rent/mortgages? Or do you have paid off houses?

Don't count on the inheritance as a lot of things can change between now and when it materialized.

[/quote]

OP here. Our kid has a healthy 529 plan. I will be living with a family member, so no new living expenses for me, and I will be paid for the caregiving I provide to that relative. And I will go back to work at least part-time. [/quote]

Stop pretending like you have it handled and don’t need “his” money. It is YOUR SHARED assets. I need you to get tough and value yourself for what you are worth, op, and I don’t just mean in terms of money.[/quote]

I’m going thru this right now with my best friend and this is the exact conversation we keep having. She’s been conditioned to think all the money he earned and saved for the last twenty years is his, as if their marriage never happened. I have to say it repeatedly: it’s already YOUR shared money. [/quote]

Stop giving your best friend bad advice. All the money he earned before the marriage is his and only his it is not marital property..[/quote]

It’s not that straightforward and I have no doubt that in a marriage this long the commingling of assets would easily unwind this argument. [/quote]

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