Hello,
Things were going in court OK until I get hit with this one. After selling our home we will have each about 70K - fine no problem. Next my pension gets evaluated with her entitled share being about 127K to which my employer has already made arrangements to be set aside into a separate RRSP, annuity, etc. plan. Now she wants this as cash instead and I am being told by both lawyers that I must buy this out on a cash basis ?? Even though there is not enough money on my side to do this?? I am already paying CS and SS totalling 20K on a gross salary of 86K with NO SAVINGS LEFT - surprise!! She spent it all without me knowing. I really need that 70K just like she needs hers to start my life over again. She earns 22K.
I pushed this to a trial against the advice of my lawyer. Completely unfair in my opinion as I feel that there already is a fair division of all assets. My company WILL NOT allow me to cash in the pension as I had hoped.
Any thoughts?? (HELP)
Things were going in court OK until I get hit with this one. After selling our home we will have each about 70K - fine no problem. Next my pension gets evaluated with her entitled share being about 127K to which my employer has already made arrangements to be set aside into a separate RRSP, annuity, etc. plan. Now she wants this as cash instead and I am being told by both lawyers that I must buy this out on a cash basis ?? Even though there is not enough money on my side to do this?? I am already paying CS and SS totalling 20K on a gross salary of 86K with NO SAVINGS LEFT - surprise!! She spent it all without me knowing. I really need that 70K just like she needs hers to start my life over again. She earns 22K.
I pushed this to a trial against the advice of my lawyer. Completely unfair in my opinion as I feel that there already is a fair division of all assets. My company WILL NOT allow me to cash in the pension as I had hoped.
Any thoughts?? (HELP)
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