divorce360.com provides help, advice and community for people
contemplating, going through or recovering from divorce and the issues around it,
including separation, divorce laws, spousal support and emotional issues.

Details



Read more posts in group: Money matters

 Tags

ADVERTISING PARTNERS



Is this possible?

Wife got mad and drafted this "division of property" letter. Would this type of settlement even be possible in AL? All totaled the "support" would be well over 75% of my salary, not counting the "4 years of college" thrown in. HELP!

  • Wife will continue to live in house, Husband will make said mortgage until paid in full. ($1300/mo.)
  • Husband will continue making car payments until paid in full. ($450/mo.)
  • All furniture and household belongings will remain in house.
  • Husband will have visitation rights to visit Child every other week-end.
  • Husband will pay Wife child support and alimony in the amount of 1/3 of his salary after taxes.  ($1700/mo.)
  • Husband will continue paying for Child until the age of 21.
  • Husband will be responsible for paying for Child’s college tuition, books and living expenses for 4 years.
  • Husband will maintain insurance on Wife for 3 years under Cobra Act.  He will maintain insurance on Child until the age of 21. (approx $700/mo.)

by roan008   2 Posts
Posted on 4/17/2009 12:55 PM

Get AlertsGet Alerts!
Sent to Friendsend to friend
0



Comments for "divorce360.com | Is this possible?"  (7) (You must be logged in to answer)




It's not even close to 75% of your salary. It's just over half.

$90,000 is $7500 a month. She's asking for $4150. Half would be $3750.

Isn't your son covered by your health insurance under your employer? It shouldn't cost you anything. Ditto for her until you are divorced.

That lowers the bill to $3450, less than half.

You don't pay tax on alimony, she does. That increases your take home pay by about $600 a month.

Paying for the house sounds reasonable. You do want your child to have a roof over his head, don't you? You both bought the house based on your salary and she doesn't have one. She's not going to be able to buy another one.

You can't go back in time. She hasn't been working because you agreed as a couple to have a child. She gave up time in a career to raise your child which was a direct benefit to you. Now you need to accept that there are consequences for your decisions. 

Why wouldn't you want to pay for your child's college education? You're his father and this should be a given.

If the car is close to being paid off, it might be cheaper just to do it. If it's nearer the beginning you might be able to trade it in for a cheaper one.

Everyone loses in divorce. When you first look at it everyone reacts badly. On closer inspection it isn't as bad as it sounds. Still, it's a starting point, so you can negotiate. The car would be the place to start.

In my state she could go to court within 10 days and have you pay Post Separatoin support starting immediately. That could keep you in limbo for years and the courts only consider two things: how much does it cost for her to live and can you pay. They don't care if you have to camp out on a friend's couch.

I don't think she's being at all unreasonable. It's going to take her some time to get through the emotional stuff before she can even consider getting a job. Divorce is hard.
by bluebird   1157 Posts
Posted on 9/10/2009 8:29 AM
0





I think that seems very unreasonable and alot to ask for.  
As a divorced woman she needs to pay for her own living expenses as well as her own transportational needs.  She is asking to live like a married woman, but not be married. She cant have it both ways. 
However, you do need to pay child support for your child. The courts will usually set a certain percentage.  Then usually other agreements are settled if there are any unusual expenses above and beyond that.
One thing I often notice on these boards is people saying things like "she's been sitting around for 5 years as a SAHM" - well as a former SAHM, I can assure you she has not been 'sitting around'.  Being a SAHM is probably significantly more difficult than your job, and obviously she gets no respect or recognition from you for what she does. Perhaps she isnt really good at it.. even doing it badly is still work.  And that doesnt even figure in the fact that she's given up vital time to advance her career.  She just doesnt have the earning power you have now because she's just given up those years. 
You really need to take that into consideration. It's not just 'sitting around' - it's work.. and sadly there is no respect for it...

by SadSarah   2 Posts
Posted on 9/10/2009 7:34 AM
0





Don't sign anything and go consult with a lawyer.
 
I talked to one for 3 hours and it cost $150.00..........may be the smartest thing I did in the entire 11 year relationship with the stbx.
by jay322   103 Posts
Posted on 9/5/2009 2:18 AM
0





She has worked but not in the past 5 years. I've supported her as a 'stay at home mom' during that time though she hasn't held up her end.

I haven't signed anything. This was her attempt to scare me (which worked) but the more I thought about it the more illogical it seemed, so I wanted to check with others.

I make 90k and she's made 0 in five years. She likes to claim she helped support me through grad school but was still making 70k during that time..

Honestly I could probably prove her as mentally disabled based on her prescription history but technically, no..

Child is about to be 5 - married for almost 9..

How does 50/50 work? 2 weeks per month with me/2 with her? Sorry to be a dumbass but I don't know much about this - and her father is in the legal arena - so I'm disadvantaged..
by roan008   2 Posts
Posted on 4/18/2009 12:19 AM
0





If you signed and had it notorized it can hold up in court. I did the same thing only reasonable so that we did not have to have a mediator. We also did a divorce by default which means that we are divorced but he has 6 months to appeal with a lawyer any property settlements.
by lori1   15 Posts
Posted on 4/17/2009 5:02 PM
0





holy moly!
by delia_M   2861 Posts
Posted on 4/17/2009 1:22 PM
0





*cough* *gag* *choke*

She's dellusional. Even if she is an at home mom, she is dellusional.

Has she ever worked in her life? Or does she now? If she does work, how much more do you make than her?

Is she disabled at all?

How old is the child?

How long have you been married?

On custody, sorry, you aren't a weekend daddy, you are going to go for 50/50 joint physical and legal I'd assume, correct?

Answer the above questions and I can give you a bit more input.
by spaznskitz   7745 Posts
Posted on 4/17/2009 1:21 PM
0







Divorce360.com is not a substitute for advice from a lawyer, accountant, financial planner, therapist or other professional to obtain advice. Divorce360.com is not intended to, and should not, take the place of professional advice. The opinions expressed in the divorce360.com message boards are those of the author and the author alone. Divorce360.com does not endorse any specific product or service.

 
expand information center
divorce360.com's ecards
divorce focused content ::
divorce most popular ::
1. When Is a Marriage Worth Saving?
10 Things to Think About When Considering Whether to Stick with a Relationship

2. 8 Things No One Ever Tells You about Divorce
Number Three May Surprise You

3. Divorcing? 15 Costly Financial Mistakes
Settlements: 15 Critical Financial Mistakes Often Made in the Heat of Divorce

4. Beginning Checklist: Planning to File for Divorce
12 Steps to Consider if You or Your Partner Have Decided to File for Divorce

5. Are You Ready For Divorce?
Three Key Questions You Must Ask Yourself