Pages

Search blog and web

Alimony

I know that in MN the court will ultimately make this decision, but just a few questions about assets/finances as I embark on this process.

For a little background, we have been married for 14 years, are very financially secure, and both middle aged. We live well below our means. I bring home $240-280k per year. We don't have car payments, credit card balances, etc. Probably around $150k in retirement account and $250k invested in the market. Wife has worked part time here and there (even after our daughter was in school full time)... has a bachelor degree, but hasn't wanted to work outside the home.

So, the questions/facts are:

- Assuming the assets get split up evenly, she will walk away with a new car that's fully paid off, $150k in cash and half of the retirement account ($75k). Will the court take that into consideration when determining alimony payments? She will have quite a buffer to live on.

- Based on the experience of others, what kind of high and low ranges of alimony could I be looking at here?

- I plan to pay for our daughters private school and any other expenses that come up (sports, trips, etc).

- There has been no infidelity. She does have a diagnosed medical history of depression, anxiety, etc.

- Assuming around $1500/month in child support, but just a guess based on some research....




ifttt
Put the internet to work for you. via Personal Recipe 2629979

No comments:

Post a Comment