2 Comments Family & de facto law, financial agreements, consent orders
I don't understand the discrepancy. She put in $38K, wants half of the improved value of the property and half the assets which is worth $100K but you estimate it at $65 if you go 50/50?
Sounds like you want the same thing except she wants her initial contribution back?
So - it would be:
((total pool less debt) - your starting contribution - her starting contribution)/2
She would get this figure + her starting contribution (this is normal for a relationship under 5 years).
So - I'm taking it that the assets (including the capital increase in value of the property) work out to $120-130K?
Yes - her proposal sounds right anyway. She should get her initial $$$ back and share in the capital increase in value + other assets.