dmichaels078
Junior Member
trying to get a better understanding of what would be a "Fair" spousal support. Trying to jointly decide seperation of wealth.
Divorcing after 25 years.
Wife suggestion: I keep current house (worth aprox $300K and fully paid off but 20 years old and needing repairs). She takes another house I just refurbished plus I buy $15K appliances/furniture. (aprox value $215k).. In her words - that we would consider that an even trade. (this house also fully paid off)
I've agreed to give her 1/2 of my 401k.. (110K to her)
Youngest son (18) has moved into "Her house" with her.
She claims to have no interest in my "toys" (harley, tools, old car in restoration stages, guns, etc.. total value aprox $25K to $30K) She says those are mine - that I worked hard for them and should keep them.
I make on average $140k per year pre-tax (commission). She makes aprox $15k working part time (about 20 hrs per week).
This was a mutually decided divorce, love gone from marriage, we stuck it out for the kids for the past several years.. her thing was that she wanted to be on her own, make her own decisions, make her own way. but now she wants $2,000 (after taxes) for spousal support on top of 1/2 the 401K and the paid off house I agreed to give her. and she wants it for "life" (she claims to have no interest in EVER getting remarried.
any Ideas what the courts would decide for spousal support $$ and for how long? I'm trying to be fair and so she is trying as well - but she has a tendency to get angry and start wanting more. Just want to make sure I'm making good financial decisions.
Thanks
Divorcing after 25 years.
Wife suggestion: I keep current house (worth aprox $300K and fully paid off but 20 years old and needing repairs). She takes another house I just refurbished plus I buy $15K appliances/furniture. (aprox value $215k).. In her words - that we would consider that an even trade. (this house also fully paid off)
I've agreed to give her 1/2 of my 401k.. (110K to her)
Youngest son (18) has moved into "Her house" with her.
She claims to have no interest in my "toys" (harley, tools, old car in restoration stages, guns, etc.. total value aprox $25K to $30K) She says those are mine - that I worked hard for them and should keep them.
I make on average $140k per year pre-tax (commission). She makes aprox $15k working part time (about 20 hrs per week).
This was a mutually decided divorce, love gone from marriage, we stuck it out for the kids for the past several years.. her thing was that she wanted to be on her own, make her own decisions, make her own way. but now she wants $2,000 (after taxes) for spousal support on top of 1/2 the 401K and the paid off house I agreed to give her. and she wants it for "life" (she claims to have no interest in EVER getting remarried.
any Ideas what the courts would decide for spousal support $$ and for how long? I'm trying to be fair and so she is trying as well - but she has a tendency to get angry and start wanting more. Just want to make sure I'm making good financial decisions.
Thanks