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Divorcing? Make sure you get your fair share

You and your spouse both have a lot to lose in your divorce. You’ve been together for 15 years and you’ve built a life together. It’s safe to say that neither of you are going to be in the same financial position when you separate, but you want to make sure that you get the assets to which you’re entitled.

Since your husband was a high earner while you primarily stayed at home with your children, it’s important that you are able to get a fair portion of your assets. Though he may argue that he supported you and brought in the majority of the household income, the reality is that you put in time and effort, too.

In a high-asset divorce in an equitable-distribution state, you may worry that you will be left with much less than your higher-earning spouse. However, the truth is that you may be able to seek more than you think. At this point, you’ve relied on your spouse’s income, so you should consider filing for spousal support. Additionally, you should seek a share of your marital assets. Even if your spouse was the one investing financially, you were there supporting them and your family. You did the hard work of raising your children while your spouse worked and you were the one who was cooking, cleaning and taking care of your home.

You should think about which assets you’d like and what you think would be a fair settlement in your case. Your attorney can help you negotiate for the assets that you want to ensure financial stability in the future. Our website has more information on what you can do to protect yourself.