Thread: Please lose!
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Old 11-05-2004, 17:55   #4
MovedGoalPosts
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Re: Please lose!

I really don't follow the apparent greed behind many divorce settlement claims.

Fine the wealth and assets created during the marriage should be split reasonably, but this should be proportional to the risks and effort involved. In this case we have a high earning footballer, but whose ability to command high wages is limited to a very few years, or less if he has an injury. Many footballers suffer long term injury later in their life. The high salary earnt today must compensate for that future risk. The wife does not have that risk.

The case is reported as requiring an ongoing yearly salary. Why is anyone entitled to that? His earnings may well drop, unless he is very fortunate with investments, or finds a lucrative managerial career.

And why shouldn't she be expected to start to earn a living to create her future assets. Or if she does do so, will he be entitled to a proportion of that future earnings?

I do agree that where there are dependents involved (kids) proper allowance must be made to keep the dependents in the style to which they are accustomed. And of course if the partner looking after the dependents is entitled to funds related to the effort they have to put into the care, but this has to be proportional to the earnings made by a party.

Simple the relationship has ended. Frequently, even if only one party is named as at fault, the other will have played their part in the split. If they are to split, future potential shouldnt really come into the equation, only what was jointly created and earnt.
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