General

How do you deal with a trailing spouse?

How do you deal with a trailing spouse?

Advice I Would Give to My Former Self (and Other Trailing Spouses)

  1. Make the Decision as a Family to Move.
  2. Understand Why You Made the Move.
  3. Give Yourself Plenty of Time to Emotionally Adjust.
  4. Enjoy the New Experience.

What is trailing spouse syndrome?

Trailing spouse syndrome has been generally defined as the effect the relocation of one’s spouse has on one’s professional trajectory. More specifically, the trailing spouse subordinates his or her own career in order to allow his or her partner to advance professionally.

What does expatriate spouse mean?

It’s a term used for people who move abroad mainly for employment purposes. Couple that term with ‘spouse’ and it’s pretty self-explanatory, you are the spouse of an Expat working abroad!

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Can trailing spouse income be used for qualifying?

Reversing a long-standing policy, Fannie no longer will permit mortgage applicants to count the income of “trailing spouses” toward the household income needed to qualify for a loan. A trailing spouse is one who joins a spouse or partner in a job-related move, but who has yet to obtain employment in the new location.

How do you deal with a traveling spouse?

How to make it work when your partner is always travelling

  1. Talk it out beforehand.
  2. Don’t romanticize your partner’s life.
  3. Be OK with changing routines.
  4. Make time to talk every single day.
  5. Consider the unexpected benefits.

What is a trailing wage earner?

A trailing spouse is one who joins his or her spouse or partner in a job-related move but who has yet to obtain employment in the new location.

Does FNMA allow RSU income?

Fannie Mae Guidelines FNMA doesn’t have a policy on vested RSUs as income. In section B3-3.1-09, Other Sources of Income (12/16/20), they do reference non-vested restricted stock.

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Is it normal for married couples to take separate vacations?

First and foremost, it’s totally normal. “It is perfectly healthy for a married couple to choose to take a separate vacation,” says Moffit.

Can you get a divorce if your spouse leaves the country?

You can still obtain a divorce from your spouse who has left the country, but you must meet residency requirements and properly serve your ex-spouse with notice of the divorce proceedings.