I posted this in my other recent thread, but thought it probably needed it's own space.
Do you contact a lawyer before you break the news to them? I anticipate a totally amicable, although very sad, separation of estates. I plan to give her the house, but sign something stating that she pays me half of the value of the house's equity on the day the agreement was signed. Basically she would buy me out, buy that payment is deferred until she sells it. This way she can keep it with the current payment, I can transfer the mortgage to her and sign a quit deed.
I also plan to assume the payment on the new car we bought. I will pay it down as quickly as possible and then trade it for something much lower than 650 a month. Like flippin half that.
We would split the funds in our bank accounts. I would leave her my car which is worth about 600 as a trade, but functions fine and is paid off. It's just old and not fun at all.
My goal is to leave her as stable as possible because she makes significantly less than I do, while not putting myself so far behind that I take 5 years to start recovering financially.
We would do 50/50 custody with her taking christmas break (her fav holiday) and me taking Thanksgiving, with the rest negotiated on the fly.
Does this sound reasonable? Is there something I am not thinking about?
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