Anonymous wrote:Anonymous wrote:Why does the one spouse have to agree to buy out the other one? Why would one spouse not agree?
You have to be kidding. Whoever gets the house is in a better position usually. I let my ex keep it without fully buying me out but most people would never do that. If I wanted it, he told me he would refuse to let me keep it. There is also an emotional component of who keeps the house.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I was in this situation pretty much exactly with my family money used for downpayment among other things. We split everything 50/50, including retirement. He pays me child support though since he makes more- that's the only difference.
NP and curiosity question: once the retirement accounts are essentially marital (even if each party brought different amounts in pre-marriage), is it even worth doing the tracing if there's a substantial difference in total amount? I can't tell if this will just make an already contentious and acrimonious situation - with one very unreasonable party - even worse.
Not sure what you mean by doing the tracing. But we got married very early in our careers so we didn't come into the marriage with big retirement accounts.
Anonymous wrote:Why does the one spouse have to agree to buy out the other one? Why would one spouse not agree?
Anonymous wrote:Anonymous wrote:I was in this situation pretty much exactly with my family money used for downpayment among other things. We split everything 50/50, including retirement. He pays me child support though since he makes more- that's the only difference.
NP and curiosity question: once the retirement accounts are essentially marital (even if each party brought different amounts in pre-marriage), is it even worth doing the tracing if there's a substantial difference in total amount? I can't tell if this will just make an already contentious and acrimonious situation - with one very unreasonable party - even worse.
Anonymous wrote:Anonymous wrote:I was in this situation pretty much exactly with my family money used for downpayment among other things. We split everything 50/50, including retirement. He pays me child support though since he makes more- that's the only difference.
NP and curiosity question: once the retirement accounts are essentially marital (even if each party brought different amounts in pre-marriage), is it even worth doing the tracing if there's a substantial difference in total amount? I can't tell if this will just make an already contentious and acrimonious situation - with one very unreasonable party - even worse.
Anonymous wrote:Most likely legally 50% split on all assets.
Kid supported by both 50% each.
No alimony payments.
Anonymous wrote:Anonymous wrote:I was in this situation pretty much exactly with my family money used for downpayment among other things. We split everything 50/50, including retirement. He pays me child support though since he makes more- that's the only difference.
NP and curiosity question: once the retirement accounts are essentially marital (even if each party brought different amounts in pre-marriage), is it even worth doing the tracing if there's a substantial difference in total amount? I can't tell if this will just make an already contentious and acrimonious situation - with one very unreasonable party - even worse.
Anonymous wrote:Anonymous wrote:I was in this situation pretty much exactly with my family money used for downpayment among other things. We split everything 50/50, including retirement. He pays me child support though since he makes more- that's the only difference.
NP and curiosity question: once the retirement accounts are essentially marital (even if each party brought different amounts in pre-marriage), is it even worth doing the tracing if there's a substantial difference in total amount? I can't tell if this will just make an already contentious and acrimonious situation - with one very unreasonable party - even worse.
Anonymous wrote:I was in this situation pretty much exactly with my family money used for downpayment among other things. We split everything 50/50, including retirement. He pays me child support though since he makes more- that's the only difference.
Anonymous wrote:I want to remind you that what's fair does not always equal what's legal. The origins of your downpayment will be considered differently in different states and you should ask a lawyer what laws apply in DC. I know you want to keep this amicable, but it's always wise to know what you could get if you were to go to court.