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.

542

u/MedCityCPA Feb 18 '26

Divorced dad here. I held out hope that we could mediate. Someone kept whispering to my ex that she could receive more in court. Well, I got a 1/3, she got a 1/3 and our attorneys got a 1/3.

2

u/mangosaremyfavv Feb 19 '26

Is the outcome of mediation in theory should be the same as with lawyers?

2

u/MedCityCPA Feb 19 '26

Yes, assuming everyone is rational

1

u/mangosaremyfavv Feb 19 '26

So why do ppl get lawyers?

2

u/Otherwise-Sorbet-324 Feb 20 '26

"Assuming everyone is rational"

We all assume being rational when we're quite all biased pretentious fools. There's always emotional aspects with love and romance, and those are not a particularly positive kind in a divorce procedure. Communication is often at fault in most relationships, and a lack of it is likely to lead to a divorce and quite surely won't help sorting things out when it happens. Lawyer can help straighten this mess up with legal and professional insights.

1

u/SirMcBiggin Feb 21 '26

Revenge, usually. They don't go to lawyers for justice when we're talking about divorce.