What is the name of your state? Tennessee
I am soon to enter into a divorce after 24 years of marriage. One child is 15 (child support is fine) and the other is 18 (I'll help with college and support, of course). She has a Masters Degree and teaches as a tenured teacher earning about $47000. I sell and average an income of $75000. I want her to have the house if at all possible to continue to raise my son and the house is nearly paid for...worth $208000 and only owe $17500 (I'll pay it). Am I being too generous? Will there likey be spousal support? Any idea how much the judges have been awarding in cases like this since there isn't a formula?
I am soon to enter into a divorce after 24 years of marriage. One child is 15 (child support is fine) and the other is 18 (I'll help with college and support, of course). She has a Masters Degree and teaches as a tenured teacher earning about $47000. I sell and average an income of $75000. I want her to have the house if at all possible to continue to raise my son and the house is nearly paid for...worth $208000 and only owe $17500 (I'll pay it). Am I being too generous? Will there likey be spousal support? Any idea how much the judges have been awarding in cases like this since there isn't a formula?