Author Topic: Let's....Let's stay together  (Read 6126 times)

ElectroStache

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Let's....Let's stay together
« on: May 01, 2013, 11:37:38 AM »
That path to finding the link below started with how I find out about all celebrity news...the Onion (because I never read that stuff). However, hearing about Michael Jordan getting remarried and seeing a link about his being one of the most costly divorces ever thought it might earn a place on the anti-mustachian wall of shame. I had seen the previous thread on "The Most Anti-Mustachian Thing You've Ever Done" and the common theme of divorce being very expensive. It's likely obvious, but from a monetary standpoint it means you might want to give therapy a second look before signing the papers (or getting married in the first place).

And so, I present to you, the most expensive divorces in history: http://www.washingtonpost.com/wp-dyn/content/article/2007/04/13/AR2007041301803.html

post script: I realize these are celebrities and very rich people that are profiled here. It doesn't detract from the fact that divorce means what marriage means: you own half of the stuff in the partnership and giving up the partner means giving up the stuff. Sure, there are situations where it's worth it to give that up, I just though it was interesting.

Jamesqf

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Re: Let's....Let's stay together
« Reply #1 on: May 01, 2013, 01:13:54 PM »
In other words, a good prenuptual agreement may be the best investment you ever make.

marty998

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Re: Let's....Let's stay together
« Reply #2 on: May 01, 2013, 04:00:39 PM »
Didn't the Paul McCartney/Heather Mills divorce top this?

Just obscene amounts of money.

MrsPete

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Re: Let's....Let's stay together
« Reply #3 on: May 01, 2013, 04:07:49 PM »
I don't think a pre-nup is the real answer.  Rather, it's best to enter into marriage having fully considered what you're doing, and to work together over the years rather than allowing your relationship to flounder. 

Looking at the people around me, I am convinced that divorce is one of the most expensive mistakes a person can make.  For example, a friend of mine was married only a couple years, but his ex-wife gets a HUGE chunk of his paycheck in child support every month AND at retirement she'll be able to claim on his pension.  I don't mean to suggest that his child doesn't deserve support, and I know plenty of kids whose deadbeat parents aren't paying their upkeep . . . but my friend spends the same amount on that child that he spends on his other four combined!  He's frugal, whereas his ex-wife is a spendthrift; and he has no control over it!  It's a bit outrageous. 

GreenGuava

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Re: Let's....Let's stay together
« Reply #4 on: May 01, 2013, 10:17:50 PM »
Didn't the Paul McCartney/Heather Mills divorce top this?

Just obscene amounts of money.

Yup... and the two had only been married a few months, but absent a pre-nup, she got a ton.  If they'd had the document signed, when they went to court, she wouldn't have had a leg to stand on.

EMP

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Re: Let's....Let's stay together
« Reply #5 on: May 02, 2013, 08:21:25 AM »
Didn't the Paul McCartney/Heather Mills divorce top this?

Just obscene amounts of money.

Yup... and the two had only been married a few months, but absent a pre-nup, she got a ton.  If they'd had the document signed, when they went to court, she wouldn't have had a leg to stand on.

Tee hee

ElectroStache

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Re: Let's....Let's stay together
« Reply #6 on: May 02, 2013, 01:18:33 PM »
I don't think a pre-nup is the real answer.  Rather, it's best to enter into marriage having fully considered what you're doing, and to work together over the years rather than allowing your relationship to flounder. 

This is the point I was trying to make as well. If there ever WAS a requisite class for personal finance in high schools (still think this one is a good idea!), I'd say the implications of marriage and child rearing (and how to positively prepare for both) would be a good chapter to cover.

The_Dude

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Re: Let's....Let's stay together
« Reply #7 on: May 23, 2013, 01:54:53 PM »

And so, I present to you, the most expensive divorces in history: http://www.washingtonpost.com/wp-dyn/content/article/2007/04/13/AR2007041301803.html


Actually that one is now pretty far down the list now days.  I googled it just now because I seemed to recall Mel Gibson's divorce was almost half a billion.  Here is a list on wikipedia.  http://en.wikipedia.org/wiki/List_of_most_expensive_divorces

footenote

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Re: Let's....Let's stay together
« Reply #8 on: May 23, 2013, 02:35:30 PM »
Ah yes... divorce: the Great Wealth Destroyer.

Zaga

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Re: Let's....Let's stay together
« Reply #9 on: May 23, 2013, 04:22:56 PM »
I think I read somewhere that on average both people lose 70% of their total wealth in a divorce.  Doing the math that means that the lawyers and courts get about 40%.

netskyblue

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Re: Let's....Let's stay together
« Reply #10 on: May 23, 2013, 05:35:17 PM »
I actually had the best divorce ever (if a divorce can ever be good).  I got married at 20, (stupid stupid) and divorced at 23.  We had no real property, no children, so we just printed some forms off the internet and filed them at the courthouse (I think that cost $120, so that was an expense).  We each kept what we had come into the marriage with.  Though I did keep one of his coffee mugs, after asking of course.  It was, and still is, 7 years later, my favorite mug :)

GuitarStv

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Re: Let's....Let's stay together
« Reply #11 on: May 24, 2013, 06:23:22 AM »
In other words, a good prenuptual agreement may be the best investment you ever make.

Yep.  If you're not going to invest in a good partner, they're essential!