This may vary by state but generally speaking, the assets and debts of a marriage are divided equally. This includes retirement accounts and pensions. I’m not 100% on what happens to social security benefits. The rest are definitely to be divided equally. Neither spouse can horde it all. Loss of earnings potential due to one spouse raising a family is definitely a reason for alimony. In my state, OH, it isn’t strictly required but is customary based on number of years married. It is a finite time. When I first heard about this practice from a guy in Virginia he told me how his ex wife just lived with another man rather than marrying him because he made a lot of money and marrying the new guy would significantly impact her income.
This may vary by state but generally speaking, the assets and debts of a marriage are divided equally. This includes retirement accounts and pensions. I’m not 100% on what happens to social security benefits. The rest are definitely to be divided equally. Neither spouse can horde it all. Loss of earnings potential due to one spouse raising a family is definitely a reason for alimony. In my state, OH, it isn’t strictly required but is customary based on number of years married. It is a finite time. When I first heard about this practice from a guy in Virginia he told me how his ex wife just lived with another man rather than marrying him because he made a lot of money and marrying the new guy would significantly impact her income.