CHAPTER
18: Make sure your documents considers
debts
and assets
If your young, you may have almost
nothing, but your future income on the table, but as your
relationship goes on and you gain many more “assets” and their
financial friend “liabilities” together this becomes more and
more important. You may have bought a car, a house, or even have a
business together. These are items that need negotiated and signed
off on in your Marital Separation Agreement.
You might not be an accountant, but it
might be good to at least understand there is stuff that is worth
something and stuff you have to replay. In fact in this process if
you don't consider these debts, you might find yourself with items
that your playing for but have no ability to take care of as it is
owned by your spouse.
Step on all money on the table and all
bills on the table. Money should pay off your bills and liabilities
before there even is a negotiation. This is all part of your strategy
that you discussed with the lawyer. Remember, know what you are
playing for and know what's important to you. Your lawyer or
negotiator should line up and work toward your goals.
Try to start with better than half if
you can. Never take less than half as this is the moral ideal of
fair. But as you know this whole process is not about fair its about
protecting yourself from a run away spouse. So get items you can
leverage for more. Get things that have sentimental value or hold
influence over them accomplishing their goals. Use these to reduce
what you give them.
You may run into issues with a stay at
home (no-income) spouse. A judge must sign off on this agreement as
well as your wife so always remember in an “equable” state that
judge is a third party that might look at you and say no your trying
to take advantage of that poor women. He has no knowledge of you or
her actions, he just must look at the facts. If you don't bring the
facts, you both are equal to start, then its up to the money you both
have and divide it in to. You 100% + your spouse 0% = 50% You and 50%
your spouse. Who lost this one? Some how the person that did less got
rewarded for doing less. Yep, that’s our socialist system, so
beware.
A smooth handed layer might be able to
say well, she could with her education at least get a minimum wage
job and she does have some side jobs she's been getting paid for. Oh,
ya did you not get paid rent by your mother and the repayment of that
loan form your brother. You might just find she gets more money they
her claimed $0/m.
So, you were a little further in life
and have at least one child. Once again if you got guilted in to this
it does not matter. Your a daddy and odds are your want to be the
influence you were meant to be on them, but again I warn kids are NOT
glue to fix a broken relationship! They just make what was broke more
complicated by entangling more lives in the destructive power of
divorce. Mom Inc. comes into play here. You are going to be on the
hook for child-support because unless you proved your spouse unfit,
which is a near miracle. The cards are stacked against you, Guy!
Maybe if she was snorting cocain off the belly of a prostitute you
might have something to stand on, but odds are your best bet is to
wait it out and she her drowned in her own financial incompetence. I
truly pray this is not the case of course as its really about the
child that are in that house. The forced relationship after divorce
of to ex-spouses if no joy. Just like you never liked her boyfriend
you will not find a lot of anything in her either. The negotiation
you are doing in your marital separation is just training wheels for
the next 18 years (until your youngest turned 18 or becomes
emancipated). Remember every communication with your spouse is now a
business transaction and you do not have to do them. The ones you
need to do are written on that piece of paper with your lawyer. You
can try to wander away from it, but it should be treated as the bar.
Else you can start wondering far from what you should and giving to
someone that never gives back, which is the real reason your getting
divorced. Your ex-spouse is out for themselves. You need to watch
your back around someone like this. You can make it a game of
collecting negotiable items that you can use in the future or right
now. Most important just like in your relationship choose your
battles.
You finally have some power over your
life back to make your decisions.
*** USE AT YOUR OWN RISK. I am not a lawyer and this is not to be construed as legal advice. For any legal decision see the proper legal representative. You are the master of your soul.
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