How to Plan Financially for a Divorce

re: How to Plan Financially for a Divorce

mgw@abmac.com — Mon, 28 Jul 2008 15:13:17 GMT

Pre-Nup! Alimony is an archaic form of support that has no place in a time where men and women are able to pursue equal opportunities.

re: How to Plan Financially for a Divorce

hansonka — Tue, 29 Jul 2008 03:37:52 GMT

Can't people support themselves? I am recently divorced and we have managed (so far) to survive together until the house sells. I'm NOT willing to give up my investment in my home. People learn how to support yourself and don't ever depend on someone else to take care of you!

re: How to Plan Financially for a Divorce

flawedexistence — Tue, 29 Jul 2008 04:22:23 GMT

The article talks about alimony, but never mentions the one non-negotiable item: CHILD SUPPORT. Children shouldn't suffer economically after divorce, though all too often they do...

re: How to Plan Financially for a Divorce

Genez — Tue, 29 Jul 2008 17:35:11 GMT

In this new era, it is about time that divorce settlements become more equal in regards to financial responsibility. Divorce laws are terribly skewed to see that the man is left in a state of financial ruin, unless he is a Parul McCarthy or Michael Jordan. Wjy do I owe her just because she married me? Divorce law is one of the most bias branches of the judicial department, and still in an age of unparalell feminine advancement seems to be immutable to change. Visitation rights, alimony, child support payments, you name it, men are treated as if they committed some crime in even consenting to be married. In the gaining of ground in some other important areas, women have yet to concede ground that came into being during a time when it was deem to be necessary, when women were incapable of providing for their own support, or the support of their children after divorce. Those times are now extinct. True, divorce is painful, and in many cases unavoidable, but, the pain should be equally shared seeing that it was equally earned. Just an opinion. AJJ.

re: How to Plan Financially for a Divorce

wasawife — Tue, 29 Jul 2008 18:43:43 GMT

Well, guess what - divorce settlements are more equal. I'm a female breadwinner who has supported my husband for 10 years. He ran his own business which never made enough to pay him a real salary, so in the spirit of supporting my spouse, I covered all the bills including the mortgage, which is in my name only. Finally I had enough due to various reasons, including being sick of supporting someone who refused to accept reality, close the business, and get a paying job, and I left. According to my attorney, because of the disparity in our incomes, he may actually be entitled to more than half of the equity of a house he never paid into, more than half of my 401k, future payments from my social security, etc. Not only that, he still lives in our house, has changed the locks so I can't get in, and in the meantime, I have to pay for him to live there as well as rent on my apartment. Is that fair enough? Luckily, there are no children involved or I'm sure I'd be paying child support too! Boy did he luck out marrying me or what? The bonus kicker is that he's going to inherit 500K when his mom dies - which isn't on the table because it's an inheritance!

I've learned a big lesson here. People, insist on equal partnerships financially. Otherwise one of you will be ruined in the event of divorce. I'm 45 and everything I worked so hard for has to be split with someone who never lifted a finger to help out. Sucks!

re: How to Plan Financially for a Divorce

Johnnybickle — Thu, 05 Mar 2009 20:55:08 GMT

wasawife,

I'm not sure of the details of your situation but you are almost painting your husband out to be a bum. Marriage is a two way street that should be based on love. You resent your husband because YOU were able to get a higher paying job. Guess what, if YOU were a stay at home Mom with no job YOU would be going after your husband's equity, 401k etc, etc. but see in society today women like to paint men out to be deadbeats if they don't make a certain amount, and honestly your remarks here make you sound materialistic. If he changed the locks I'm willing to bet you had an affair. He wouldn't have locked you out for no reason.

Here's an idea, you don't want to split your stuff? Roll up your sleeves and get together and save your marriage. For better or worse, welcome to worse.