California alimony
November 21, 2007 10:36 PM
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(Asking this for a male friend.) Getting divorced in California. What kind of alimony should I be expected to supply my soon-to-be ex wife? Advice and insights, please!
We have been married for 17 years and have 2 kids, ages ten and 14. I have been (and still am) employed with the same company for 11 years. The soon-to-be-ex does not work and does not have any income at all. We own one house, two cars. I have a 401K an IRA. I opened an IRA for her and contributed some money over the years.
Since this is a long term marriage, I would like to understand what the law considers fair in this instance and what am I expected to pay her and for how long. Also if/how the requirements change as the kids reach certain ages and if either of us remarry, etc.
We are both open to mediation and an amicable agreement (as of now at least :-) ). I need advice on how best to proceed and recommendations on good mediation lawyers in the San Francisco bay area that could help me and provide me with sound advice and professional services.
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If you have any specific questions that would make it easier to respond, ask away and I'll try to get the answers for you.
posted by miss lynnster to law & government (6 comments total)
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Has she ever been employed or is she a stay at home mom? From my understanding, if she's never had a job during the marriage you'd be paying alimony for life unless she remarries. No judge will ever force her to get a job. She's also entitled to half the money deposited in your 401k/IRA for the length of the marriage. There's also child support, the community assets and such.
If there's any chance at an amicable agreement, take it, otherwise the lawyers will take their hefty hefty cut. Also the above situations can be worked out in their own percentages and timeframes if they are agreed upon.
posted by sanka at 10:48 PM on November 21, 2007