Ask Experts Questions for FREE Help!
  Advanced
Register  |  Log in  
   Ask    
 Answer  
  Help  

Ask QuestionsprogressAnswer QuestionsprogressBuild ReputationprogressBecome an Expert
 
Free Answers in 3 Easy Steps

Register Now
3 Steps

At Ask Me Help Desk you can ask questions in any topic and have them answered for free by our experts. To ask questions or participate in answering them you must register for a free account. By registering you will be able to:
  • Get free answers from experts in any of our 300+ topics.
  • Accept money for answers that you provide.
  • Communicate privately with other members (PM).
  • See fewer ads.

Home > Family & People > Divorce   »   Division of marital Property

 
Thread Tools Display Modes
Question
 
 
#1  
Old Feb 12, 2006, 06:35 AM
stilleyman
New Member
stilleyman is offline
 
Join Date: Feb 2006
Posts: 2
stilleyman See this member's comment history on his/her Profile page.
Division of marital Property

I live in Florida. My wife just left me for a younger man. I am retired -age 65 and she is working age 44. This was second marriage (15 yrs) for both of us. We have no children by this marriage. Since I am now on a fixed income and would have difficulty finding employment at my age, and since she has potential earning power well above mine, would it be conceiveable that a court would grant me a higher percentage of the split on marital property than 50-50? We both have private property we owned prior to marriage and the only real joint property is our condo which is being sold. I depend on my soc.sec.,withdrawals from an IRA I set up prior to marriage, and some small income from a trust fund my parents set up for grandkids, prior to marriage. Her income is still a little less annually than mine, but she is only working part time and could work full time and make more. Also, I am restricted in ability to obtain a mortgage due to age and income so I have to downsize and need as much from sale of condo as possible. She, on the other hand can get a mortgage with no problem. Look forward to your comments and suggestions. Thank you.

Reply With Quote
 
     

Answers
 
 
Old Feb 12, 2006, 07:10 AM   #2  
Ultra Member
fredg is offline
 
Join Date: Jan 2003
Location: SouthWest Virginia
Posts: 4,634
fredg See this member's comment history on his/her Profile page.fredg See this member's comment history on his/her Profile page.fredg See this member's comment history on his/her Profile page.fredg See this member's comment history on his/her Profile page.fredg See this member's comment history on his/her Profile page.fredg See this member's comment history on his/her Profile page.
Hi,
Thank you for posting a question here, and Welcome to this site.
I am 64, retired, and know what you mean by limited income!
I really believe a lawyer, one experienced in Divorce Settlements, would benefit you greatly. You could ask the cost up front, talk with one, and I'm sure he/she can advise you on what is the best to do.
I now live in VA (used to live in FL), and the normal Divorce Settlement means 50-50. I do wish you the very best of luck.
  Reply With Quote
 
     


Thread Tools
Display Modes

 
Similar Sponsors

Similar Threads
Question Asker Forum Answers Last Post
Marital Property Expenses during separation stilleyman Divorce 2 Apr 17, 2006 06:07 AM
property taxes/lien on property dougmach Other Law 2 Feb 24, 2006 09:11 AM
On Tax Marital Status. prapro Taxes 6 Feb 20, 2006 07:16 AM
division of property geek2411 Other Law 0 Dec 13, 2004 08:57 PM
marital reading MA Psychics 1 Sep 9, 2004 10:31 AM




Copyright ©2003 - 2007, Ask Me Help Desk.
All times are GMT -8. The time now is 07:38 PM.