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I am 24 yrs old and married to my husband who is 28 yrs old for 3 yrs.Its not working out too much has happened and he cheated on me more than once.I have a daughter from a prior relationship who is 4 yrs old who i want to make things easy on her as possible.I spoke to my soon to be ex.husband who has been working in london these last 3 months and we both agreed to make things as civil as possible.He mentioned the liquidation of all marital assets and splitting everything 50/50 as a possibilty?Is this a good idea?

2007-07-31 06:40:57 · 13 answers · asked by Anonymous in Family & Relationships Marriage & Divorce

Also has anyone ever done this before and could someone explain the full defintion what the liquidation of all marital assets means in detail?

2007-07-31 06:44:31 · update #1

13 answers

If you have a lot of property (house, cars, boat, rentals, retirement funds, etc), then yes this is a VERY good idea.

I would recommend that you locate and interview several divorce mediation specialists in your area. They are attorneys who specialize in "peaceful" divorces, or ones that do not end up going through litigation. They will help you to figure out assets, independent costs, etc. It is usually cheaper than individual attorneys to go this route as well, if BOTH of you can agree not to fight and to just settle the divorce out-of-court.

2007-07-31 06:46:47 · answer #1 · answered by Brutally Honest 7 · 0 0

The things you each brought into the marraige you take when you leave the marraige. Moneies you have earned together, things you have bought together, things like that could be split 50/50. For instance, if you bought a house together, instead of fighting for who gets it- you either sell it and split the money or, one of you buys the other out! But also think of the bills you made together. These should also be split. A divorce can be civil and not complicated. If in doubt- see an attorney!
If an attorney is needed, it is best if you work out agreed upon arrangements before you go the attorney. Makes it easier on everyone! Have the attorney help finalize things before court if court is needed. If you approach this legally, there is less room for complications down the line. Verbal agreements are not always honored by each other or recognized by a judge. I am sure since your daughter has been with this man 3 of her 4 years this in itself will present other issues for you to deal with as well. Best of Luck.

2007-07-31 06:55:25 · answer #2 · answered by tpettee 3 · 0 0

The question of marital asset usually pertains to those items acquired during the length of the marriage. In other words those things garnered together. Those things you owned outside or before the marriage are not related to the marriage assets and are therefore exempt from liquidation. The major problem for some it deciding what is marital and what is not. If this can be worked out to both of your satisfaction then the process can be rather painless, however once you begin to question the validity of each choice, the trouble really starts. Try to keep a focus on the facts, and leave the crap to those who like that kind of thing. Remember you're trying to make this easy, not only on yourselves, but on the child as well. Hope everything works out for you.

2007-07-31 06:53:30 · answer #3 · answered by Tom H 4 · 0 0

You two are the smartest two I have seen on here for awhile,liquidation of all assets just means you sell or agree on the price of everything and split it down the middle.That is the way it should be,you don't even need a lawyer for that it can be done pro-se in most courts as long as there is a written agreement between the two of you.Keep everything civil and you will get along a whole lot better,if you start fighting over things the lawyers will get most of what you got.

2007-07-31 06:51:42 · answer #4 · answered by ronald m 3 · 0 0

I'm not sure about all legalities, but yes, a divorce can be civil when both parties have their heads on straight, and would rather get it over and be fair, instead of being petty and vindictive, and wanting to hurt the other as much as possible b/f they're gone for good. Messy divorces happen when people fight, over kids or assets. If you guys agree 50/50 is fair (sounds fair to me, especially if you both agree that you both held up your responsibilities, whatever they were, in the marriage), it shouldn't have to be a forever drawn-out, messy horrific process.

2007-07-31 06:49:54 · answer #5 · answered by Dj 5 · 0 0

yes it would make sense to split it all 50/50, however be carefull with this, as you dont know what he has been doing the last 3 months.
Get the paperwork now and fill it out. Thats way anything he is doing after the fact wont hurt you.
Also dont forget about you daughter since she is 4 and you have been with this man for 3 years she probably considers him dad. You cant just remove him from your life without effecting her. Somewhere if you need to address that.

2007-07-31 06:48:56 · answer #6 · answered by blublazx 2 · 0 0

I think it is possible and should be the goal. Too much time and money is wasted on divorces because nobody wants to agree on anything. If your soon to be ex is willing to split everything down the middle then do it. You don't have any children together so that won't be an issue. The more you and your husband agree on things the easier the divorce will be on everyone including your daughter.

2007-07-31 06:46:28 · answer #7 · answered by Anonymous · 1 0

Hmmm...be CAREFUL with this, he might be racking up bills you don't' know about.

Secure a HOME for you and your daughter, that is a biggie! Start paperwork today and lock everything asap.

And you know what, if your daughter asks TELL HER he cheated..it will show her that real women don't put up with
cheaters!

Full liquidation means turning EVERYTHING into cash...EVERYTHING, cars, homes, toys, etc....and depending on the market for your assets you might get screwed cashing out (for example the decline in home prices in the US.)

2007-07-31 06:44:51 · answer #8 · answered by Anonymous · 0 1

As long as both of you are on the same page as far as what to do and you get the legalities worked out in writing, everything should work out.

Good luck!

2007-07-31 06:44:25 · answer #9 · answered by zippythejessi 7 · 0 0

Yes its good deal,he helped raise your previous and now the one you have together. It can be done try not to bring out the claws he needs not to be jerk and you can get through it. Meen while your children probaly would like not to have to be drug thru relationship after relationship be careful... YOU dont tell the child he cheated at that age wait till they can process it more maturely.........

2007-07-31 06:45:27 · answer #10 · answered by keithleyjustin 3 · 0 0

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