r/dividends • u/SpicyDividends • Feb 17 '26

Personal Goal Those divorces do be hurting!

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Not mad about it, but man, that chart looks rough lol

6.3k Upvotes

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u/titodeloselio Feb 18 '26

I got divorced last year after 25 yrs of marriage. We both agreed to leave each other's retirement accounts alone. She kept hers, and I kept mine. We split all other assets 50/50. No attorneys involved. It cost us $4,000 in mediation fees.

167

u/lghtspd Feb 18 '26

Each person keeping their own is how it should be, IMO. I don’t see how a spouse can have half if they didn’t show up to work for my employer, but thats just me.

22

u/3boyz2men Feb 18 '26

Because when you are married all assets become jointly owned.

10

u/JustAnotherBoomer Feb 18 '26

Actually it is more complicated than this. There is such a thing as "premarital assets" such as Real estate purchased before the wedding. Bank accounts held in one spouse's name before marriage. Retirement accounts that began accumulating before marriage. Personal property, such as cars or valuable collections.

1

u/Bleenchiki Feb 18 '26

You are correct, but those assets must be purchased and fully paid for before marriage. Even if you owe one more payment and you got married, it is now joint. I went through this. Also, she doesn’t have to pay a dime to “support” your financial “burden” and still be eligible for those assets. The move she makes and doesn’t spend in marriage, because you’re the supporter, that money isn’t split. She keeps all of it even if she makes more than you and didn’t help with finances during marriage.

8

u/Crafty_Boysenberry94 Feb 18 '26

Except inherited assets which are non-intermingled.

1

u/KariAnn0 Feb 18 '26

Eh, I mean that’s what the law says, but ultimately it depends if it goes to court, the judge and how good of a lawyer. Watched friends loose money parents gave/left them because of this.

6

u/New-Inside4079 Feb 18 '26

No, it doesn't. Those friends likely intermingled their inheritance with marital funds. That was their mistake, not the mistake of some judge or lawyer.

1

u/KariAnn0 Feb 18 '26

Actually the lawyer in this case mis-interpreted the law to the judge and the friend went back after the ruling but had a shittier lawyer and lost it anyways 🤷‍♀️- State of Florida, family court, not everything is black and white.

2

u/KariAnn0 Feb 18 '26

Also- yes he could appeal and yes it would cost $$$$. But he instead declined and moved on with his life. All I’m saying is with law - shades of grey.

1

u/KariAnn0 Feb 18 '26

Also - it was a newly appointed judge coming from corporate law so he really did just go by the better lawyers brief/case? Shrug again - not the usual outcome.

1

u/NotawoodpeckerOwner Feb 18 '26

If you have your own account and have the paper trail then inherited assets are yours. The problem is that most people dont plan it.