Can U answer this about assets & alimony?

  Can U answer this about assets & alimony?

FIRST OF ALL, alimony (or spousal support) is an award by the court to allow the disadvantaged party to enjoy the lifestyle they would have had had the marriage remained intact. it does NOT depend on length of the marriage. In your silly scenario, neither partner would have a showing of disadvantage therefore spousal support […]

Written on Friday, August 8th, 2008 by karlshields :: 0 comments to this post

FIRST OF ALL, alimony (or spousal support) is an award by the court to allow the disadvantaged party to enjoy the lifestyle they would have had had the marriage remained intact. it does NOT depend on length of the marriage.

In your silly scenario, neither partner would have a showing of disadvantage therefore spousal support is a moot point.

As to YOUR assets, they remain separate property unless you convert them within the two days to marital assets. one way of doing this would be if you refinanced YOUR home and she is required to sign the mortgage. Although the deed may remain in your name, the asset is now marital property and the difference in equity from the conversion can be considered during property settlements.

So, how much do you think two days of equity is worth?


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FIRST OF ALL, alimony (or spousal support) is an award by the court to allow the disadvantaged party to enjoy the lifestyle they would have had had the marriage remained intact. it does NOT depend on length of the marriage. In your silly scenario, neither partner would have a showing of disadvantage therefore spousal support […]

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