Living together until we can afford to separate


#1

Dear arp1:

Greetings. Yes, of course you can do this with your funds. My question is what are you going to do about alimony? That will be very important to answering your question. Thanks.

Janet L. Fritts
Attorney with Rosen Divorce
4101 Lake Boone Trail, Suite 500
Raleigh, North Carolina 27607
919.787.6668 main phone
919.256.1665 direct fax

10925 David Taylor Drive, Suite 100
Charlotte, North Carolina 28262
704.644.2831 main voice
704.307.4595 main fax

ROSENDIVORCE.COM

The response posted above is based upon the limited factual information made available and is not intended as a full and complete response to the question. The only reliable manner to obtain complete and adequate legal advice is to consult with an attorney, fully explain your situation, and allow the attorney sufficient opportunity to research the applicable law and facts required to render an accurate opinion. The basic information provided above is intended as a public service but a full discussion with an attorney should be undertaken before taking any action.


#2
quote:
Originally posted by arp1
Thanks again for all you do on this site, you deserve a metal! My wife and I continue to live together, waiting for our house to sell, and carrying on as we have for years. My salary is directly deposited into a joint checking acct. that (primarily) my wife pays the bills with. Would you recommend having my salary re-directed to my personal checking acct? I could then write a check and deposit it into the joint acct. for bill payment. Would doing this jepordize my position at all? If I reduce the amount I make available to pay household bills with by $100 or so per paycheck would that have an impact on me legally? I'm thinking I need to put some money aside for legal expenses. So far, we've been able to agree on most things and the money would be used for "our" separation agreement - not just mine.

#3

My understanding of the amount of alimony that I should consider is, after child support is taken out, then 50% of the remainder is mine and I should start at 40% of the other 50%. I’ll be assuming a large portion of the debt and giving her a house with a decent amount of equity. Most of the financial risk will be on me. Does that affect the amount of alimony I have to pay?

quote:
Originally posted by arp1

Thanks again for all you do on this site, you deserve a metal! My wife and I continue to live together, waiting for our house to sell, and carrying on as we have for years. My salary is directly deposited into a joint checking acct. that (primarily) my wife pays the bills with. Would you recommend having my salary re-directed to my personal checking acct? I could then write a check and deposit it into the joint acct. for bill payment. Would doing this jepordize my position at all? If I reduce the amount I make available to pay household bills with by $100 or so per paycheck would that have an impact on me legally? I’m thinking I need to put some money aside for legal expenses. So far, we’ve been able to agree on most things and the money would be used for “our” separation agreement - not just mine.

#4

Dear arp1:

Greetings. Alimony is not computed in the manner you have described. There is not a formula for alimony. If you are assuming a lot of debt, there may not be an alimony, but it just depends on the parties and their individual situation. Thank you.

Janet L. Fritts
Attorney with Rosen Divorce
4101 Lake Boone Trail, Suite 500
Raleigh, North Carolina 27607
919.787.6668 main phone
919.256.1665 direct fax

10925 David Taylor Drive, Suite 100
Charlotte, North Carolina 28262
704.644.2831 main voice
704.307.4595 main fax

ROSENDIVORCE.COM

The response posted above is based upon the limited factual information made available and is not intended as a full and complete response to the question. The only reliable manner to obtain complete and adequate legal advice is to consult with an attorney, fully explain your situation, and allow the attorney sufficient opportunity to research the applicable law and facts required to render an accurate opinion. The basic information provided above is intended as a public service but a full discussion with an attorney should be undertaken before taking any action.


#5

Thanks again for all you do on this site, you deserve a metal! My wife and I continue to live together, waiting for our house to sell, and carrying on as we have for years. My salary is directly deposited into a joint checking acct. that (primarily) my wife pays the bills with. Would you recommend having my salary re-directed to my personal checking acct? I could then write a check and deposit it into the joint acct. for bill payment. Would doing this jepordize my position at all? If I reduce the amount I make available to pay household bills with by $100 or so per paycheck would that have an impact on me legally? I’m thinking I need to put some money aside for legal expenses. So far, we’ve been able to agree on most things and the money would be used for “our” separation agreement - not just mine.