How do you think this asset split will work?

WartimeDad · 2024-03-23T20:40:12+00:00

Pre marriage, things are split. So, if entire home was paid off before marriage then great. BUT- any value gained since marriage is split. So when you got married will matter. The increase since you got married is going to be split. The debt since you got married is split. Everything since marriage is thrown into a pool and split. You will need to document everything that is not split. That means that you need to be able to document what the finances looked like at marriage… that can be a beast in some cases. There is only one exception to this that I’m aware: inheritance. If something is inherited during the marriage then that is not split.

If you don’t have kids then this doesn’t sound too complicated. Your lawyer will know what to do.

Given your financial superiority, be ready to take a hit on some bull shit. This is because your legal expenses in fighting said bull shit may not be worth simply paying and moving on. Her 30k of debt is nothing compared to the 100k you can spend on attorneys lol. Be as unemotional as you can. Recognize the truth of 50% everything since marriage, and accept that into your heart. Then, stick to it. Be honest about numbers. Move on. That’s my advice!

RevolutionaryLaw8854 · 2024-03-22T19:18:56+00:00

The increase in your homes value is a marital asset. Everything accumulated in the marriage is a marital assets.

So - it all goes into a big pile and gets divided.

You (we) have $30k in cash and $30k in debt. So that’s taken care of. The house increased in value $160k. If you want to stay - she needs $80k from you. You can remortgage or pay from somewhere else - say your 401k

Sorry bro it sucks but this is the way it’s going to go down.

RideATX · 2024-03-22T14:01:17+00:00

Your premarital assets are yours. anything made or accrued during marriage is split, this includes assets and debts. Good Luck Brother.

Title	How do you think this asset split will work?
Author	PhotographOk1707
Upvotes	2
Comments	6
Date	March 22, 2024 10:36 AM UTC (2 years ago)
Subreddit	Posted in /r/Divorce_Men
Original Link	https://old.reddit.com/r/Divorce_Men/comments/1bkw62d/how_do_you_think_this_asset_split_will_work/
Archive Link	https://theredarchive.com/r/Divorce_Men/how-do-you-think-this-asset-split-will-work.1513220 https://theredarchive.com/post/1513220

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