keep the house after divorce? financial advisor?

[180ls1]

Financial advisor here but I focus more so on business/owners.

There are advisors who focus on this specifically (CDFA). Would he like a referral and is he OK paying a fee of several thousand? Its very likely worth it.

 

[KenLee]

"She wants him to"... stop right there for a sec. I'm making no assumptions but sounds like she is the one who blew everything up & wants him to help make her life easier for what is another example of a woman making a stupid decision. Tell him to play hard ball when negotiating all this. He can & should make demands too.
Marriage is love... divorce is business

Apparently Hawaii is a no fault divorce state and court doesn't care who did what, so not a bunch of leverage to play except she wants cash in hand asap.

 

[bojangles808]

Rental income = higher child support payments. No way in hell I'd buy her out at half of true equity plus pay her more per month.

thats a good point about child support going up as rental income goes up

 

[bojangles808]

Financial advisor here but I focus more so on business/owners.

There are advisors who focus on this specifically (CDFA). Would he like a referral and is he OK paying a fee of several thousand? Its very likely worth it.

pm sent

 

[307]

Divorce may be business, but having a workable relationship with the other parent can be really important. It's a balance between defending your best interests and not seeking unnecessary conflict which can make co parenting a nightmare.

I wish him luck.

As for the property, I'd probably be in the camp of selling everything and splitting things as cleanly as possible. Peace of mind is worth a lot.

 

[bojangles808]

Tell Buddy to hire a good Private Investigator yesterday and keep his pecker dry.
Getting rid of any chance of paying alimony is his best investment right now.

Edit: Looked up Hawaii alimony law. Adultery doesn't cut off potential right to alimony. Ain't that some bullshit!

how does alimony work?I always assumed its for the wall st guy getting divorced from the wife at home who stays at home with the kids all day bc he ran off with his mistress. He pays her alimony bc he made all the money and she didn't work but she needs something to keep up a standard of similar living. or is it bc of the cheating aspect? ironically my friends ex wanted to work when she didn't have to bc they made enough with his paycheck/rental income. He also built the in law suite that generated the majority of the rental income by himself. she has floated wanting alimony payments which is why i asked