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  Ottawa Divorce .com Forums > Main Category > Financial Issues

Financial Issues This forum is for discussing any of the financial issues involved in your divorce.

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  #81  
Old 02-08-2021, 11:41 PM
350 Mag 350 Mag is offline
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I don't think there can EVER be a "termination" date for Spousal Support because of her Age, years together, the fact she left her career....all works against me....I am hoping when I finally afford to retire the amount will be reduced. In the eyes of Any judge or lawyer I am going to owe her to the day one of us dies....I have accepted that....just looking to pay the min. that will keep us both happy.

My only hope is she remarries...and agrees in writing to terminate support in the event if Common law or marriage.

From everything I read I am pretty much at her mercy.


As far as tax implications.

I know I can claim Spousal Support payments and she has to claim the payments as income? but only after it's a signed court document.

There is no inheritance, no outside monies from parents or family.

Our finances are ours 100%>

We have combined debt of 2 vehicles.

We are splitting that debt.

The house is paid for.

I am staying in the house.

I have agreed to pay taxes, insurance, and upkeep.

In exchange she isn't going to charge me rent.

If I later leave the house and she stays there she will get the same amount of time rent free until we settle or sell.

I am getting $500 back from the Spousal Support payment as per the calculator we used for child support.

We are both happy so far.

We are going to probably get our pension $$$$ in next 2 months.

We can fill out the Seperation Agreements....

Then take the paperwork to our respective lawyers....then I imagine the "fun" begins??

Lol.

Wish me luck.
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  #82  
Old 02-09-2021, 07:26 PM
standing on the sidelines standing on the sidelines is offline
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Quote:
Originally Posted by 350 Mag View Post




We are splitting that debt.

The house is paid for.

I am staying in the house.

I have agreed to pay taxes, insurance, and upkeep.

In exchange she isn't going to charge me rent.

If I later leave the house and she stays there she will get the same amount of time rent free until we settle or sell.





Lol.

Wish me luck.
why in the hell would she agree to that???? It ties up her equity in the home that she could use to buy another house.
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  #83  
Old 02-09-2021, 11:58 PM
Kinso Kinso is offline
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350 Mag is a story of caution to readers of this forum.

To future readers:

This forum is not your therapists office, you should care for your emotions.

A bit of proper legal advice is inexpensive and worth its weight in gold (full representation is a different issue).

Don’t agree to things without advice. You have no idea what you’re doing.

Many mistakes can’t be undone.

Lawyers get rich fixing easily avoidable errors from the initial parts of a file.
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  #84  
Old 02-10-2021, 10:34 AM
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Janus Janus is offline
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This forum is not your therapists office, you should care for your emotions.
Better to vent here than in a lawyer's office. Losing control of your emotions here is free. Obviously a real therapist would be even better, but some people cannot even afford that. (Also, therapy is hard to get during COVID)

350Mag has no idea what he wants. He loves his ex and he hates her. He has some wildly unrealistic expectations with regards to how the future may unfold.

I'm hopeful that reading responses here will moderate his views on likely outcomes. You never know, people tend not to back down online, but in real life they may take it into account.
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  #85  
Old 02-10-2021, 10:51 AM
iona6656 iona6656 is offline
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Quote:
Originally Posted by 350 Mag View Post

I have been kind and understanding, haven't raised my voice...
...

...

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  #86  
Old 02-10-2021, 06:39 PM
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Tayken Tayken is offline
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Lawyers get rich fixing easily avoidable errors from the initial parts of a file.
I agree with Janus' point. But, I do have to give credit where credit is due. This is a very wise and honest statement.

I appreciate your contributions to this site Kinso.
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  #87  
Old 02-11-2021, 08:19 PM
350 Mag 350 Mag is offline
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Originally Posted by iona6656 View Post
...

...


So I should get upset, call her out, get vindictive, be mean, air my dirty laundry to her friends and family or on Facebook?
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  #88  
Old 02-11-2021, 08:21 PM
Kinso Kinso is offline
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No.

You should hire a lawyer for legal questions. And a therapist for your emotions.
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  #89  
Old 02-11-2021, 09:24 PM
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I appreciate your contributions to this site Kinso
and thank you Tayken!
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