brauny1
recently joined
Reged: 05/02/07
Posts: 3
Loc: Utah
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Hello, I appreciate the information I've received throughout this Forum. I though I'd ask you folks what your thoughts of my particular circumstance might be.
I've split from a 27 year marriage in Utah.
The last 3 years I made $77K avg.
She made $12K avg.
We've already split $288K home equity, personal property, cars, furniture, etc.
In the process of splitting another $555K assets (401, IRA, etc.).
Shes 53 and I'm 54.
No children involved, all above 20 and away from home.
So far we've negotiated alimony of $1200 a month for 27 years. Does this seem fair and equitable? and what should I look out for in the divorce decree???
Thanks in advance and again, great site.
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Susanf31
Carpal \'Tunnel
Reged: 06/02/05
Posts: 10630
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Nope. $1200 a month and I'm *assuming* the split of all other assets were 50/50???
So you make $77k a year. You'll be paying her $14,400. That leaves you with $62,600 a year and her with $26,400 a year. What seems fair about that?
I think she should get MORE alimony until you are of retirment age...about 62. Then $1200 a month for life after that.
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Miranda
Carpal \'Tunnel
Reged: 06/02/05
Posts: 20822
Loc: North of Mexico
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Don't listen to Susan she gives biased advice.
Alimony should be for half of the length of your marriage. 27 years for a 27 year marriage sounds strange. Your ex could go on to live to be 110. You do not owe her 50+ years of alimony...that is ridiculous.
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13.1...because I am only half crazy!
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nrvouswrk
Pooh-Bah
Reged: 04/13/06
Posts: 2362
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"So you make $77k a year. You'll be paying her $14,400. That leaves you with $62,600 a year and her with $26,400 a year. What seems fair about that?"
What seems fair about it is that HE is the one earning that money, while she is doing NOTHING for her cut of it.
On the same note, she would be getting a 50/50 split on assets that she didn't contribute 50/50 to. How is that fair? Why not split them according to the percentage the person contributed to them?
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Susanf31
Carpal \'Tunnel
Reged: 06/02/05
Posts: 10630
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Miranda just gives flat-out wrong advise.
Alimony, in the cases of older women with few skills is an ENTIRELY different thing than your typical 1/2 length of the marriage.
At 53, there isn't enough to be get completely reeducated and renter the working field with enough time left to secure years of promotions/raises that would be required for her to be self-sufficient.
It's cases like these where lifetime alimony is warranted and awared.
Leaving her to live near poverty while poster moves on to live very nicely isn't fair and equitable.
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nrvouswrk
Pooh-Bah
Reged: 04/13/06
Posts: 2362
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Susan, her kids are all in their 20s. The original poster stated her income for the last 3 years. Why didn't she use the previous time to obtain education/training so that she could earn more? Why should he have to fund her because she didn't bother to?
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rocketgirl
Carpal \'Tunnel
Reged: 06/24/04
Posts: 8562
Loc: On the beach in 14 years...
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LOL - if Susan says it isn't fair, then that is the deal you need to make!!!
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Lisa
Diplomacy - the art of telling someone to go to hell, and them looking forward to the trip.
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Susanf31
Carpal \'Tunnel
Reged: 06/02/05
Posts: 10630
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Susan, her kids are all in their 20s. The original poster stated her income for the last 3 years. Why didn't she use the previous time to obtain education/training so that she could earn more? Why should he have to fund her because she didn't bother to?
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They why's don't matter. The kids are in the 20's. She's made money for the past 3 years. Sounds clear to me that she was a SAHM raising the children and then returned to work once the kids were grown.
THERE'S NOTHING WRONG WITH DOING THAT!!! Geez, you make it sound like a CRIME to put your family first and decide to live on one income so a parent can be home with the kids.
That, in my opinion, is the "best case senario" for raising kids. But if you do, people want to know why. Well..b.ecause it was best for the family.
So now why should SHE only be the one to suffer for it financially, when I'm certain the ALL enjoyed the benefits of having a SAHM.
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Miranda
Carpal \'Tunnel
Reged: 06/02/05
Posts: 20822
Loc: North of Mexico
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Don't listen to anything Susan says. It is not legal advice it is her own personal advice advocating lifetime support to someone becuase of her gender. Plug your ears... or cover your eyes!!!
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13.1...because I am only half crazy!
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Gecko
Carpal \'Tunnel
Reged: 06/01/04
Posts: 19803
Loc: Third rock from the sun
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What seems fair about that?
---> Since you don't know what the property settlement figure is, how can you possibly determine whether or not the amount of alimony being negotiated is "fair" or not?
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If you air your dirty linen in public, expect people to comment on the skid marks!
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