Spousal Support in Wisconsin
What is the name of your state (only U.S. law)? Wisconsin
Facts:
- We have been married for 22 years. My wife had worked until 15 years ago. I make $155K per year. She has a part time job working two hours a day. She was a retail manager prior to quitting but has no formal schooling. My job is specialized and will no longer exist in the area therefore I am expecting to take a cut in pay by 50% in September 2014 to do something else. I want joint custody.
- We have 2 children ages 15 and 12. Will I have to pay child support if each share 50/50 time?
- We own our house outright with a value of $205K.
- I am proposing to offer her $2500/month for the next 8 years (1/2 the time she spent not working). Additionally I would pay her auto loan ($390/month) for the next 4 years.
- I am proposing a split of the assets in a manner of $390K to her (which includes the home) and $600K for me, which leaves me nothing in liquid assets (all retirement)
- We are both in our mid 40s.
We are trying to do this in a fair manner, is it a fair offer compared to what the court would issue (an affair occurred on her part)? Also, is there a way for me to get the support lowered if I am unable to obtain a job or take a significant pay cut? Could that be written into the agreement?
What is the name of your state (only U.S. law)? Wisconsin
Facts:
- We have been married for 22 years. My wife had worked until 15 years ago. I make $155K per year. She has a part time job working two hours a day. She was a retail manager prior to quitting but has no formal schooling. My job is specialized and will no longer exist in the area therefore I am expecting to take a cut in pay by 50% in September 2014 to do something else. I want joint custody.
- We have 2 children ages 15 and 12. Will I have to pay child support if each share 50/50 time?
- We own our house outright with a value of $205K.
- I am proposing to offer her $2500/month for the next 8 years (1/2 the time she spent not working). Additionally I would pay her auto loan ($390/month) for the next 4 years.
- I am proposing a split of the assets in a manner of $390K to her (which includes the home) and $600K for me, which leaves me nothing in liquid assets (all retirement)
- We are both in our mid 40s.
We are trying to do this in a fair manner, is it a fair offer compared to what the court would issue (an affair occurred on her part)? Also, is there a way for me to get the support lowered if I am unable to obtain a job or take a significant pay cut? Could that be written into the agreement?
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