Theo and Jean were married for 7 years and have 2 children ages 3 and 5. During that time, Theo purchased rental property with funds owned prior to the marriage and with the names of both parties on the property and a family home with a down payment from funds owned by him prior to the marriage and a loan from his parents in place of a mortgage. The payments to his parents were made with income during the marriage. Jean worked off and on.
Theo was a realtor and developer and had very flexible work hours. He provided most of the day to day care for the children during the marriage. When the parties separated, they agreed to a 50/50 parenting plan. A year later, the wife filed for a divorce and asked for the majority of time with the children and sole decision making authority. She also demanded 60% of the residence and of the rental property. The husband's primary goal was to have a 50/50 parenting plan.
After lengthy negotiation and mediation, the parties agreed to a 50/50 parenting plan with joint decision making. Each party received 50% of the equity in the residence after crediting the husband with the down payment and 50% of the equity in the rental property. The wife also paid the husband 50% of her accumulated retirement, which she had failed to list in the dissolution petition. We represented the husband.