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When my husband and I got married there was a huge disparity in our assets.
He was established in his career and had significant savings and rrsp's. He used most of the cash to buy the house we share. I came into the marriage with nothing, except a small student debt.
I have been running the numbers and do I understand correctly to determine equalization the cash he had at the beginning and his rrsp's need to be basically paid back to him? He took out a lost of rrsp's last year, he was off work, and they lost a lot of value with the economic downturn, so they are not much more valuable than when we got married 8 years ago.
From what I am figuring with what he had when we got married and our assets now there is about 60 grand difference, with me showing having more than him.
So, in order to get out of this marriage, am I going to have to pay him 30 grand? I currently have a home daycare that I am just establishing, he makes much more than me.
I guess I need to do more reading to figure this stuff out.
Like my name says, I am still in the planning stages, as I have tried to leave twice before and he promises to change I get suckered in and things go back to the way they were before. So, this time I want all my ducks in a row first.
He was established in his career and had significant savings and rrsp's. He used most of the cash to buy the house we share. I came into the marriage with nothing, except a small student debt.
I have been running the numbers and do I understand correctly to determine equalization the cash he had at the beginning and his rrsp's need to be basically paid back to him? He took out a lost of rrsp's last year, he was off work, and they lost a lot of value with the economic downturn, so they are not much more valuable than when we got married 8 years ago.
From what I am figuring with what he had when we got married and our assets now there is about 60 grand difference, with me showing having more than him.
So, in order to get out of this marriage, am I going to have to pay him 30 grand? I currently have a home daycare that I am just establishing, he makes much more than me.
I guess I need to do more reading to figure this stuff out.
Like my name says, I am still in the planning stages, as I have tried to leave twice before and he promises to change I get suckered in and things go back to the way they were before. So, this time I want all my ducks in a row first.
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