Hi There,
We are new to all this “Grown up” stuff, so looking for advice/opinions from others (mums & dads) to help!
(Hypothetical) Scenario:
Prior to Children, financials were split proportional to wages (55% boyfriend contributions / 45% girlfriend)
Married, 2 kids, Mother provides childcare/maintains household when kids old enough slowly starts to increase work hours whilst still primary caregiver/maintain household,
Father covers most of the financial side during this time.
Both parents back to full time. Childcare 50/50.
Sadly things don’t work, divorce proceedings start.. child custody would be 50/50.
How should house equity be split fairly?
I believe, prior to marriage the equity accrued then should be split to what percentage we contributed. After marriage and children, I believe we would be a household/team/all as one.. so everything from then on should be split 50/50 especially as going forward after separation childcare would be 50/50.
OH believes split should stay relative to our wage prior to children (55% to him/ 45% to me) as fair as he took the “financial brunt” of maternity/stay at home and I’d be then making it back in equity to ensure I’m not “disproportionately disadvantaged”.
We are interested to know how each party is also advantaged/disadvantaged and why it’s not just financials that should be considered.
Thank you for any advice given ☺️