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by throwaway5250
2761 days ago
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Generally, community property will be split 50/50. Alimony would generally be set as a percentage of all income. Judges have a lot of leeway, though, and may lean considerably towards whomever seems more sympathetic (according to lawyers). One bit that surprised me is that there is no reluctance to set alimony (considered on an NPV basis) larger than your net worth. It kind of sucks to have every dollar you've ever saved wiped out in one stroke, replaced with a nice pile of debt. |
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It's not uncommon for people with decent income to have near zero net worth (future expected labor income is not, even on an NPV basis, included in net worth), so that's not really all that surprising.