we lived together for 16 years and I broke up with her. over the 16 years she did pay more as her 2 kids lived with us and my kids lived with my ex. which I payed support for. She says (wants) me to leave with nothing. We bought a house together and cottage which money is still owed on . the house is worth in the range of 380.00 thousand and the cottage 230.00 thousand. The morgage is around 280 thousand on the house I offered to take half the morgage 145 thousand give her the house I keep the cottage. if she sold the house she would end up withat least 200 thousand and if i sold the cottage around 70 thousand . I think i'm being fair as she would stand to gain more money than I. We both have good paying jobs and I admit she payed more as I payed support and brought less income because of this. Am I wrong in thinking this??
trying to move on
- Thread starter jta1559
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Divorcemanagement
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I don't think you're wrong in thinking this, are you commonlaw? Have you found out what your legal rights are - that should be the first step.
logicalvelocity
Moderator
jta1559,
Is both of your names on the deed of the home and cottage?
If so, I suspect that both properties would be up for equal division along with equal distribution of the liabilities on same.
lv
Is both of your names on the deed of the home and cottage?
If so, I suspect that both properties would be up for equal division along with equal distribution of the liabilities on same.
lv
A lot's going to depend on how the 2 properties are titled.
Also, remember that "contributions" from a legal point of view are not just financial - it can be housework, raising kids, doing repairs around the home. A lot more is looked at than just who made the money.
Also, remember that "contributions" from a legal point of view are not just financial - it can be housework, raising kids, doing repairs around the home. A lot more is looked at than just who made the money.
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