Unemployed Husband

[JsFedUp]

What is the name of your state? CA
Married over 20 years. My husband has been chronically unemployed during our marriage (~50% of the time). I have always worked except for a few years when I had our only daughter. Because of his unemployment, we are in debt (periodically borrowing against our HECL). The majority of saving that we have is due to my stock options and grants from various employers. Will he automatically get 50% of the estate even though he has not been a contributor to anything other than our debt?What is the name of your state?

 

[Silverplum]

What is the name of your state? CA
Married over 20 years. My husband has been chronically unemployed during our marriage (~50% of the time). I have always worked except for a few years when I had our only daughter. Because of his unemployment, we are in debt (periodically borrowing against our HECL). The majority of saving that we have is due to my stock options and grants from various employers. Will he automatically get 50% of the estate even though he has not been a contributor to anything other than our debt?What is the name of your state?

Yes, it's quite likely.

 

[Bali Hai]

What is the name of your state? CA
Married over 20 years. My husband has been chronically unemployed during our marriage (~50% of the time). I have always worked except for a few years when I had our only daughter. Because of his unemployment, we are in debt (periodically borrowing against our HECL). The majority of saving that we have is due to my stock options and grants from various employers. Will he automatically get 50% of the estate even though he has not been a contributor to anything other than our debt?What is the name of your state?

Are you going to divorce or die?

Assuming divorce, why shouldn't he get 50%?? If the role were reversed, you would expect 50% wouldn't you??

 

[mommyof4]

It's no different than if he had worked full time and you had been a stay at home mother.

 

[mommyof4]

Bali, for once I agree with you and you beat me to posting.

 

[fairisfair]

What is the name of your state? CA
Married over 20 years. My husband has been chronically unemployed during our marriage (~50% of the time). I have always worked except for a few years when I had our only daughter. Because of his unemployment, we are in debt (periodically borrowing against our HECL). The majority of saving that we have is due to my stock options and grants from various employers. Will he automatically get 50% of the estate even though he has not been a contributor to anything other than our debt?What is the name of your state?

he will also get his fair share of the marital debt, if that is any consolation.

 

[fairisfair]

Bali, for once I agree with you and you beat me to posting.

nobody can beat Bali to a settlement or an althemoney thread.

nobody. . . . .

 

[Silverplum]

he will also get his fair share of the marital debt, if that is any consolation.

I was just coming back to post that forgotten nugget of consolation.

 

[VeronicaLodge]

no one has even mentioned that she will probably have to pay him alimony as well.

 

[tuffbrk]

No - no one has mentioned that! Then again, it's Friday - why ruin her weekend?!

Hey VL - Enjoy yours Sweetie!!

 

[fairisfair]

no one has even mentioned that she will probably have to pay him alimony as well.

Dang it Veronica, Don't you think maybe BALI wanted to say that??? Bahahahahhaha

 

[mistoffolees]

no one has even mentioned that she will probably have to pay him alimony as well.

So as not to ruin her weekend, 'probably' is too strong. 'may' would probably be more accurate.

What the court will look at:
- How much were their relative earnings when he was working.
- Is there any valid reason that he CAN'T work rather than WON'T work.

If their earnings were similar and he simply chooses not to work, she may not owe anything. A lot depends on the judge and the culture in that area. Of course, depending on the custody determination, someone is likely to end up paying child support, as well.

 

[Silverplum]

So as not to ruin her weekend, 'probably' is too strong. 'may' would probably be more accurate.

What the court will look at:
- How much were their relative earnings when he was working.
- Is there any valid reason that he CAN'T work rather than WON'T work.

If their earnings were similar and he simply chooses not to work, she may not owe anything. A lot depends on the judge and the culture in that area. Of course, depending on the custody determination, someone is likely to end up paying child support, as well.

You forgot one:
Twenty Years Of Marriage.

 

[CourtClerk]

Not only will he get half...

He's likely to get lifetime support. You'll like that one Bali.

 

[Silverplum]

Not only will he get half...

He's likely to get lifetime support. You'll like that one Bali.

Poor Bali -- finally, a thread that would amuse and please him, and he's not here.