Men Must Always Pay, Forever By Ian Wilson LL.B

     There are some overseas divorce cases where men who struck it rich, while in divorce proceedings, that were not finalised, still had to fork over half of their windfall earnings:
  https://www.news.com.au/finance/money/wealth/jackpot-deemed-marital-property-despite-couples-twoyear-separation/news-story/0011286838172717851bb46a50e4fd4e

     However, there can still be come back even after divorce:
  https://www.news.com.au/world/british-lottery-winner-must-pay-2m-to-wife-who-dumped-him/news-story/14f4d8455c999430885ea4a77bc18edd

“A MAN who won a massive lottery win was forced to give £ 2 million ($3.2 million) share to his ex-wife who dumped him 10 years ago. Divorced Nigel Page, who won £56 million ($89 million) was sued by Wendy, for £8 million after his EuroMillions jackpot this year, even though she left him for another man in 2000, The Sun reported. Mr Page - who remarried after his win last February - is believed to be the first lottery-winning husband in the UK to be successfully sued for a slice of their winnings. Friends told how despite being left heartbroken when his wife walked out, taking their then-three-year-old daughter Ella, he generously offered her £1million after his lottery numbers came up. A friend said: "Nigel feels very hurt. The last seven months have been horrendous for him. Up to this point everyone got on pretty well. But what Wendy has done has ruined everything." The £2 million lump sum she agreed to accept is entirely hers to spend as she wishes - after a bid by Mr Page to pay it into a trust for Ella was vetoed. His ex-wife is also believed to have obtained a huge increase in maintenance payments for their daughter - up from £150 a month to £2000.

She is said to have rushed to consult lawyers after discovering he planned to give other relatives money. Mr Page is thought to have agreed to the settlement rather than face the prospect of a larger payout to his ex-wife if the case had gone to court. Experts said it was likely the couple failed to include a legally-binding clean break arrangement at the time of their divorce. The out-of-court settlement is understood to include a gagging order - preventing either party from talking about it. He refused to comment on his payout and his ex, who is employed by St. James' Place Wealth Management, also remained silent. Asked about the settlement she said: "I'm not interested, thank you."

     It is enough to make anyone cynical about the law, and certainly to seek comprehensive legal and financial advice about how to handle such situations, with clean break agreements always needed.  There are people out there that can help work you through the jungle that the system now is, but most men who are cannibalised in divorce will struggle  to rebuild, and even survive, anyway:
  https://www.abc.net.au/health/features/stories/2007/03/22/1881895.htm

     Think of life as being a Hobbesian war against all, and you are well on the way to surviving the modern cesspool. Laywers are both your worst enemies and best of friends, so to speak.

 

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Friday, 29 March 2024

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