
Divorce after Twenty years together Community Group
I want to start something for those of us that were married for a long long time. I think that we face a little different issues than those who were dating for a few years or even married for shorter period of time. Being married for so long we have older children some have grandkids dealing with teenagers and their reaction to the divorice empty nesters dating after 40...
As for settlement..hold out for your fair share...DON'T sign anything without your attorney discussing it with you and you understanding it.....your X/stbx most likely knows you are strapped for cash and may take advantage of you....SEE your attorney....Good Luck....
had some complications in March/April 08
Settlement 6/30/08
Finalized 12/16/08
I filed the end of July and I thought we were going to try to work things out, but apparently that did not work. I just had my support hearing, so I am not very far along.
Good luck to you!
If you had a first hearing, that is when the court orders that the assets be evauluated, such as an appraisal for the house, your investents, 401ks pensions etc. Good news is that is is paid for, you do not have to agree to sell him the house, unless he is willing to pay to you your share of the appraised value or other agreement that you come to.
As far as a temporary order of support, you are not going to get one if you have an income and are getting by on your own, but as your income is less than his, and the length of the marriage, you could get an equalization of marital support as your income is less, for a length of time after divorce. Talk to your lawyer, he is living in a paid for marital asset while your income is going to pay rent. HE can not decide to take the house on his own, this is negotiable. How is he going to buy you out? He may have to re-mortgage the house to buy you out. If you do not agree on a price, you could agree to sell it and split it.. that may be your bargaining point, not to mention that you are now living in lesser means, with out equity and an investment.
I bought my ex out of the house by trading off investment monie(s) and did come out quite well. Everyones divorce is different, listen to your attorney. Nothing is settled until you have a settlement agreement in place, which is involved.
If he has a lawyer, and you have a lawyer, all correspondence should go between the lawyers and then down to you. I got a copy of every letter sent to my lawyer from his, and of every letter that was sent to my stbx lawyer from mine. Anything I signed came from my lawyer, period. As always, I say, educate yourself on the divorce process in your state. In todays world the online legal information that is on the internet by your State and other good legal sites is invaluable. This will be one of the biggest deals you will ever broker, your future. Good luck with a hug!
I hope I don't lose my shirt in this whole deal. We live in a small town and I'm sure that my ex is telling everyone that I'm trying to take all his money away from him. My lawyer told me not to agree to anything about the house because it has to be part of the settlement agreement.