subject: The True Cost Of An Affair [print this page] The True Cost Of An Affair The True Cost Of An Affair
The True Cost Of An Affair
In recent times it seems hardly a week goes by without another celebrity divorce scandal being splashed on the front of the newspapers. The divorces seem to usually stem from one partner having an affair and reading details of the settlement is often the most intriguing part of the articles written about them.
One key example of somebody recently thrust under the spotlight due to an affair and now literally paying the consequences is Tiger Woods.
With leaked details of the divorce settlement suggesting that Woods' wife Elin will receive a fortune of $100 million dollars the true cost of having an extra marital affair is highlighted.
It was originally thought that Woods' wife Elin Nordgren would be receiving a settlement of around three quaters of a billion dollars but this has been labelled as wide speculation. Woods himself is worth an estimated 600 million dollars and considering divorce settlements typically involve paying half of everything to your partner some might say that Woods escaped lightly.
Woods has properties in both Florida and California and it is believed he and his wife are following Florida state law as there is no income state tax in Florida.
It has been suggested that if Nordgren and Woods had filed under Californian law she would have been entitled to more as California is a community property state.
Woods' children will also have to be factored into the settlement and it is believed that his estranged wife will be granted custody of the two children with Woods having visitation rights. Woods is not expected to push for sole custody.
The monetary cost of a mistake like an extra marital affair is certainly something these high powered, wealthy celebrities should consider beforehand. Divorces can be complicated and factors such as children can mean the process takes longer.
For a professional divorce solicitor cheshire look no further than O'Neill Morgan. For a family law specialist stockport contact O'Neill Morgan who can help with all aspects of divorce.
