Ask An Expert

Should I just let my husband have everything he wants (the retirement account, the house, etc.) in our divorce? It’s so overwhelming to think about fighting endlessly about these things.

Joann North

Answered By

Tracy Coenen, CPA, CFF

Forensic Accountant and Fraud Investigator at Sequence Inc. Forensic Accounting

tracy@sequenceinc.com

Question

Should I just let my husband have everything he wants (the retirement account, the house, etc.) in our divorce? It’s so overwhelming to think about fighting endlessly about these things.

 

Answer

No, no, no. You are entitled to a share of the assets, and even though the fight may be difficult, your long-term financial future depends on you securing assets for yourself. Of course, you don’t want to spend more on legal fees than you would receive in a property settlement, so you have to be strategic. But I recommend making a plan for what a fair settlement is and being firm in your demands regarding this. Don’t settle too early or for too little.