Division of property, Am I getting a decent deal?

mayihaveatomato · 2017-10-24T17:40:15+00:00

Just a heads up OP but the money side of things is the easy part. It stings now but the agreement you reach re: the kids is the part that you'll have to live with until at the very least, they're 18. Make sure to have an attorney at least look over the agreement to make sure most if not all of your bases are covered. Don't assume that just because you and your soon-to-be ex are cool with each other now that it will continue on this way forever. Things happen, differences of opinion, etc. You want to make sure you have a good document that covers all the bases, who pays for what, what times you each have the kids, right of first refusal for baby sitting, and all that stuff. My ex and my agreement says "on even years, the father shall have the children for Christmas starting on Christmas eve." Or something similar. EVERY year we battle on what time Christmas eve starts and I have a decent relationship with my ex!

btgarner · 2017-10-24T10:06:08+00:00

Hard to say without knowing the value of the things on your end. Do keep in mind that it sounds like your savings are the only liquid asset (that is, ready usable cash), where as the car, house and 401K are all frozen to some extent (in increasingly solid order; she'd have to sell the car or house to get funds). Is she keeping everything in house that is not "yours?" Does that have any value? Keep in mind that anything your brought into the marriage is yours and usually non-negotiable for asset distribution.

iamaredditboy · 2017-10-26T00:16:25+00:00

Get everything agreed on paper even if it means footing some $ for the lawyers bill.

If you are a community state unfortunately you will need to shell out half your 401k/savings/house. You can work out the balances and make it work with some you keeping/some she but make sure everything is on paper.

SkeptiCynical · 2017-11-15T03:12:17+00:00

Still need a lawyer. This can be a mediator who works for both of you. Good on both of you for going about it so sensibly.

In the end, the separation or divorce agreement is the legal outline for both your responsibilities. Do not half-ass this. You need it in writing and you need it done properly by an attorney. You are at serious risk for either hanging yourself for 20 years or leaving your balls on the table.

Imagine that she is far more clever than you think she is. Get a lawyer.

Title	Division of property, Am I getting a decent deal?
Author	nmyers23
Upvotes	4
Comments	10
Date	October 24, 2017 8:58 AM UTC (8 years ago)
Subreddit	Posted in /r/Divorce_Men
Original Link	https://old.reddit.com/r/Divorce_Men/comments/78eibx/division_of_property_am_i_getting_a_decent_deal/
Archive Link	https://theredarchive.com/r/Divorce_Men/division-of-property-am-i-getting-a-decent-deal.820367 https://theredarchive.com/post/820367

Comments