Two months ago, I came out to my wife. After 31 years, I am finally ready to live my life as a gay man. It's been the most terrifying, emotionally exhausted and rewarding experience of my life. I love my wife very much and I want to do as little harm as humanly possible as we move forward with our divorce. We have been married for 16 months. We own a home. I want nothing. I want her to have everything. So that being said, do I need a lawyer?
Here are some of the finer details.
We own our home. It's worth about $430,000. There is about $40,000 of equity in the home. Our down payment paid by my in-laws. In fact, most of our belongings and furniture belong to my in laws. For that reason, I just want to walk away from the home without asking for anything.
Savings: none. We 100% live from paycheck to paycheck.
Retirement: also none. I am two years away from being vested with a pension.
I guess my big question is if I'm setting myself up for a huge failure by not hiring a lawyer right now. Of course, I know that I need to continue to pay our mortgage until all of that is resolved. I am well aware of my financial obligations.
I'm worried about anything that my in-laws could come at me for. Is there anything? Where I want nothing from the divorce, I'd love to avoid spending thousands of dollars in legal fees. But I also need to protect myself.
Any input is greatly appreciated!!