I am about to talk to lawyer/mediator to discuss settlement and want to get an idea of what to expect.
Hopefully an uncontested divorce.

Married >20 years, two kids in college.
Plan on splitting my 401k 50/50
Splitting cash 50/50.
Already sold house, gave her the cash.

I make about 2x her salary.
How are the two young adult kids' expenses usually handled? (car insurance, food, etc)
How does this typically work? Is it usually split 50/50? Or do you pay spousal support to help cover kids' expenses?

If you have gone through this, please let me know...Any help is greatly appreciated.

If you prefer to email: txag1989@gmail.com

Thanks and Gig 'em

If the kids are over 18 and graduated from 12th grade, then no money goes to either spouse for child support.

Of course the two of you can agree to what ever you want
but at this point, I would think you wan't to take care of the kids and you can do that directly with them on your own. No need to be beholden to an agreement of any kind or go thru a 'middleman' and not all the money for the kids go to the kids.

Dad is that you ?

You better hold on to your money as you will need it on the road ahead.

I think that if they are in college and on one parent's health insurance plan, then the other could need to offer child support in the form of paying for half of the premiums. Every situation is different.

Not to diminish what you're going through but you are incredibly fortunate to be dealing with this with the kids being adults. Still not an easy process.

As far as settling, I suppose it depends on what the situation is and what led to the divorce (and I'm not asking - not my business); however, I would not fold over on things. Why should she get half of your retirement and you not get half of hers? Giving her all the proceeds from the sale of the house - why?

You don't know what lays ahead. Since there is such a disparity in income, she may demand spousal support as part of the terms of the settlement.

Everything from this point forward should be handled as a business decision.