Hello all, hoping to get a bit of insight into a probably not very common situation but one I'm thankful for nonetheless.
My ex wife and I separated several years ago and filed our own divorce documents with our separation agreement (we wrote and agreed to all terms) and everything was approved and granted by the court - we didn't have to attend.
Without drawing on a very long and complicated financial agreement, my ex basically walked away with all of our assets and equity in our home (to the tune of over 125,000). We agreed at the time of separation that I would pay her table amount support and she would cut me a cheque back for my share of the equity. Recently we have discussed changing this due to a change in both mine and her employment (a decrease for me and increase for her) her suggestion was to amend the agreement to square up that the equity she received will be here solely and that she would accept that in lieu of future support payments. I will still maintain medical coverage for our two children and assist with expenses like extra curricular, school trips, etc. She also wants to allow me to have more time with the kids which is fantastic (we share joint but I'm only every other weekend right now and they reside with her).
If we both agree to all the changes is this just a simple Ammendment to the original document with our signature and witnessed? Does this need to be filed with the courts and if so what might be their viewpoint on the child support/equity change?
Thank you in advance for any assistance!!
My ex wife and I separated several years ago and filed our own divorce documents with our separation agreement (we wrote and agreed to all terms) and everything was approved and granted by the court - we didn't have to attend.
Without drawing on a very long and complicated financial agreement, my ex basically walked away with all of our assets and equity in our home (to the tune of over 125,000). We agreed at the time of separation that I would pay her table amount support and she would cut me a cheque back for my share of the equity. Recently we have discussed changing this due to a change in both mine and her employment (a decrease for me and increase for her) her suggestion was to amend the agreement to square up that the equity she received will be here solely and that she would accept that in lieu of future support payments. I will still maintain medical coverage for our two children and assist with expenses like extra curricular, school trips, etc. She also wants to allow me to have more time with the kids which is fantastic (we share joint but I'm only every other weekend right now and they reside with her).
If we both agree to all the changes is this just a simple Ammendment to the original document with our signature and witnessed? Does this need to be filed with the courts and if so what might be their viewpoint on the child support/equity change?
Thank you in advance for any assistance!!
Comment