My Ex Thinks I Should Compensate Him for the "Good Idea" He Had When We Were Together. Really?
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My Ex Thinks I Should Compensate Him for the "Good Idea" He Had When We Were Together. Really?
"The fact that you're asking this question says a lot about your character. You're right that legally, you hold all the cards—his name was never on the title, you were never married, and in most states that means he has no formal claim."
"Consider the real carrying costs of a home: mortgage, property taxes, utilities, maintenance. Even on a modest house those can easily run $2,000 a month or more."
"Over 10 years of covering everything alone, you may have spent $240,000. That's not nothing—and it means that when you tally up what he actually contributed versus what you paid, the numbers may tell a different story."
After a breakup, a homeowner seeks to fairly compensate an ex-partner for their investment in a house. The homeowner covered all mortgage payments and expenses for ten years after the partner lost their job. Although legally the ex-partner has no claim, the homeowner wants to acknowledge the contributions made, including a significant interest savings from refinancing. Evaluating the total costs incurred and contributions made is essential in determining a fair compensation strategy.
Read at Slate Magazine
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