Update
I'm still in a daze. The panel advised that they had not ever had a case like mine in their 30 years of participation. They decided to treat STBX as if (this is their words) he had been hit by a bus and was a quadropalegic (sp?). Thus, they decided without any documentation whatsoever that he is permanently disabled, will obtain $25k from Social Security (he won't - never paid payroll taxes for the past 20 yrs) & that I should pay $50k a year as it is "now your turn to support him." I've worked my entire marriage!
They insisted on including bonus as part of my overall compensation as they claimed it was to my advantage for claiming changed circumstances in the future as my base salary hasn't changed much. They didn't find it odd that he had nothing to show for himself despite running 2 businesses for 20 yrs. I am allowed to to petition for changed circumstances in the future.
My attorney got it down to $25k and they further reduced it to $20k until such time as my 14 yo is emancipated giving me $5k credit for child support.
So he walks away with 1/2 marital assets I earned fr retirement, stock, etc. Will receive his 1/2 equity in the marital home, alimony monthly from me and no responsibility for our children other than the $5k credit.
I, on the other hand, walk away with my self respect, the 2 greatest assets of our marriage - our boys - and their love and respect for me. I might have to eat P, B & J sandwiches and struggle to pay for anything but there's something to be said for closure.
As my 14 yo said when told the news - Thank God! Can we move into separate places now?! LOL! I told him that money was going to be really tight and that he can't expect much in the way of extras for a time. He said -hey, we should have a yard sale.
I smile every time I think about it - and that's something money can't buy.
I'm still in a daze. The panel advised that they had not ever had a case like mine in their 30 years of participation. They decided to treat STBX as if (this is their words) he had been hit by a bus and was a quadropalegic (sp?). Thus, they decided without any documentation whatsoever that he is permanently disabled, will obtain $25k from Social Security (he won't - never paid payroll taxes for the past 20 yrs) & that I should pay $50k a year as it is "now your turn to support him." I've worked my entire marriage!
They insisted on including bonus as part of my overall compensation as they claimed it was to my advantage for claiming changed circumstances in the future as my base salary hasn't changed much. They didn't find it odd that he had nothing to show for himself despite running 2 businesses for 20 yrs. I am allowed to to petition for changed circumstances in the future.
My attorney got it down to $25k and they further reduced it to $20k until such time as my 14 yo is emancipated giving me $5k credit for child support.
So he walks away with 1/2 marital assets I earned fr retirement, stock, etc. Will receive his 1/2 equity in the marital home, alimony monthly from me and no responsibility for our children other than the $5k credit.
I, on the other hand, walk away with my self respect, the 2 greatest assets of our marriage - our boys - and their love and respect for me. I might have to eat P, B & J sandwiches and struggle to pay for anything but there's something to be said for closure.
As my 14 yo said when told the news - Thank God! Can we move into separate places now?! LOL! I told him that money was going to be really tight and that he can't expect much in the way of extras for a time. He said -hey, we should have a yard sale.
I smile every time I think about it - and that's something money can't buy.