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Old 02-24-2014, 08:54 AM   #24
Tapioca
OMGWTFBBQ is a common word I say everyday
 
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Quote:
Originally Posted by Doubl3_H View Post
I just want to share some insights with you guys

My past supervisor was married for almost 12 years, with 3 kids, youngest at 3. The mom stayed home 24/7, the dad worked 10 hour days x 6 days.

Anyways, the divorced because she admitted to him that she was cheating. After all said and done, he was out 250k just to kept her from taking the house, and now paying almost 2.5k a month for child support.

Shitty deal even if the other partner has done nothing wrong.

Hope it works out for you, best of luck
Something people seem to forget is that we have "no-fault" divorce laws in Canada. If one partner cheats, it's irrelevant to how the assets are distributed. Your supervisor "lost" because his ex-wife was a stay at home mom who made no income of her own. The purpose of a divorce settlement is to make both parties roughly equal financially following their divorce.

I will go on a tangent, but the fact that many exes lost their shirts in divorces over the last 30 years explains why marriage is largely becoming confined to the upper-middle class. Marriage is really an economic union, a way to preserve wealth. If you want to mitigate the risks, marry someone with just as much to lose as you do.
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