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Divorce, The House And House Prices


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http://www.theguardian.com/law/butterworth-and-bowcott-on-law/2012/sep/12/prenups-divorce-lawyers-respond?INTCMP=ILCNETTXT3487

There has been a lot of talk about prenuptial agreements gaining popularity following the UK supreme court's decision in Radmacher v Granatino and these have also been reviewed by the Law Commission. Post Radmacher the enforceability of a prenup remains difficult to predict as a court may hold that it isn't fair, nevertheless lawyers say they are on the increase. Kennerley is in favour of giving them statutory support. "They will reduce the level of litigation and provide certainty," he says, "But there needs to be the fallback consideration of fairness and they need to be reviewed and varied so that they continue to be fair after the birth of every child and after any significant change. What might be fair for a young couple at 25, may not be fair 25 years later.

Something to be said for making agreements when the relationship is good - balance rarely accompanies hostility.

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Yes, but isn't that a good thing? By forcing the couple to talk about this stuff up front it means everybody is going in with their eyes open after coming to an agreement, and if it does end in divorce then the outcome is the one you chose yourself, not the one and only option the state and the courts decided for you (other than not getting married).

Yes, fully agree.

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Obviously there are a wide range of opinions on this site, but there does seem to be a recurring theme of cognitive dissonance regarding this one:

  1. It would be better if women went back to being home-makers and raising children

  2. In the event of a divorce, the scheming bitch should get nothing she hasn't earned

I emphasised in my OP that this is not a male thing. I will say it again, I am sure plenty of women find themselves in this situation also.

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Obviously there are a wide range of opinions on this site, but there does seem to be a recurring theme of cognitive dissonance regarding this one:

  1. It would be better if women went back to being home-makers and raising children

  2. In the event of a divorce, the scheming bitch should get nothing she hasn't earned

IMO there is widespread agreement across both sexes that women should have the option of being a stay at home mother rather than having to go out and work and put the children into childcare (so "creating" two jobs).

But most people aren't saying the latter. Rather that she should not get what her husband owned before they got married. Big difference.

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Obviously there are a wide range of opinions on this site, but there does seem to be a recurring theme of cognitive dissonance regarding this one:

  1. It would be better if women went back to being home-makers and raising children
  2. In the event of a divorce, the scheming bitch should get nothing she hasn't earned

While young, both should split work / childcare in a way that the child has a parent with them when very young.

Parenting 'work' should be well regarded and rewarded in case of a divorce.

No kids, 1 not working - why?

Assets before marriage separate to assets built up during.

Kids should be supported and any parent (rich Father) using dodgy schemes or lies should be punished.

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New a woman once who took a string of wealthy men to the cleaners after short marriages,

So many in fact that when the latest chap got hooked and swept down the drive in a Mercedes, the gardner - she had a big front lawn - who had seen many come and go, said to me over the fence, nonchalantly,

In in a Mercedes, out in a Mini.

Zsa Zsa Gabor once said that she was a very good housekeeper. 'Whenever I get divorced, I keep the house.'
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been there, done that. cost me 250k - more than half my inheritance. her parents alive, so their assets did not count. If you are a bloke, just realise that the cards are stacked against you in the UK no matter what prenup is in place, and the legal fees to fight a position are crippling. My solicitor advised me that we could spend 50-100k fighting, with no guarentee of victory (and if we lost we might have to pay her legal fees as well).

my solution second time around is have accounts all over the world, so if it all (heaven forbid) goes wrong, no court in the land will find it all. Illegal, but an unjust law deserves breaking.

Martin Luther King:

"There are just laws and there are unjust laws. I would agree with St. Augustine that an unjust law is no law at all... One who breaks an unjust law must do it openly, lovingly...I submit that an individual who breaks a law that conscience tells him is unjust, and willingly accepts the penalty by staying in jail to arouse the conscience of the community over its injustice, is in reality expressing the very highest respect for law."

sod the jail though :P

Edited by wherebee
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been there, done that. cost me 250k - more than half my inheritance. her parents alive, so their assets did not count. If you are a bloke, just realise that the cards are stacked against you in the UK no matter what prenup is in place, and the legal fees to fight a position are crippling. My solicitor advised me that we could spend 50-100k fighting, with no guarentee of victory (and if we lost we might have to pay her legal fees as well).

:blink:

Words are not enough to respond to that. Sorry to hear that.

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IMO there is widespread agreement across both sexes that women should have the option of being a stay at home mother rather than having to go out and work and put the children into childcare (so "creating" two jobs).

But most people aren't saying the latter. Rather that she should not get what her husband owned before they got married. Big difference.

+1

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Liberal Democrats vote for cohabitation rights

I ******ing hate libdem twats :angry:

From your link:

More and more people choose to live together before – or instead of – getting married or entering into a civil partnership. In 1996 there were about less than 3 million people cohabiting in the UK. By 2012 that figure had almost doubled to 5.9 million.

What they're failing to do here is ask why fewer and fewer couples are getting married, and this thread is about one big reason. As usual, high house prices are centrally involved.

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I have 1% equity in our marital home the wife has 99% or ~£60k all of which came from me. I figured she brought my children into tye world so it is only fair she keeps the house if we did split/divorce. Reading Duncan Bannatynes article in the Mail it appears that separation can come out of the blue.

My wifes pensions are increasing by £20-25k per annum and I figured I'd stake a claim to half of that to that effect I will be paying into her pensio all of my income when I start earning to enable her to get the tax relief on income between £40k-50k everythin going above that is already paid in so I can keep the child benefit and NI stamps.

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IMO there is widespread agreement across both sexes that women should have the option of being a stay at home mother rather than having to go out and work and put the children into childcare (so "creating" two jobs).

But most people aren't saying the latter. Rather that she should not get what her husband owned before they got married. Big difference.

A lot of agreement is coming from younger women as they've woken up to the BS of 'you can have it all'. All that's changed is they're now trapped wage slaves whether they like it or not. The only real winners have been the governments (more taxes), banks (increases in house prices/debt) and militant feminists (gaining media careers).

Edited by TheNoSnowMan
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Interesting way to hide/keep assets...

He set out the wife's allegations that her husband secured a divorce without her knowledge at Ballymena County Court by fraudulently getting her to sign documents which also involved a financial settlement under which she received virtually nothing.

http://www.belfasttelegraph.co.uk/news/local-national/northern-ireland/woman-duped-into-divorce-by-lying-husband-wins-legal-fight-29108666.html

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I would like to add a balancing anecdotal to this thread. It does happen to both sexes, I have a friend who married a little later on in life. She came into the marriage owning her quite desirable home outright and lost it when he divorced her a few years later - ended up living some sort of council bedsit, it utterly broke her.

There are also examples of female friends who have walked away from marriages and taken nothing either because the divorce was amicable both parties were financially secure in their own right, or else (sadly) because the wife is frightened of the ex and what he may do to the children if asked to pay any maintenance (having already made sure he has the house and her car) :(

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been there, done that. cost me 250k - more than half my inheritance. her parents alive, so their assets did not count. If you are a bloke, just realise that the cards are stacked against you in the UK no matter what prenup is in place, and the legal fees to fight a position are crippling. My solicitor advised me that we could spend 50-100k fighting, with no guarentee of victory (and if we lost we might have to pay her legal fees as well).

my solution second time around is have accounts all over the world, so if it all (heaven forbid) goes wrong, no court in the land will find it all. Illegal, but an unjust law deserves breaking.

Martin Luther King:

"There are just laws and there are unjust laws. I would agree with St. Augustine that an unjust law is no law at all... One who breaks an unjust law must do it openly, lovingly...I submit that an individual who breaks a law that conscience tells him is unjust, and willingly accepts the penalty by staying in jail to arouse the conscience of the community over its injustice, is in reality expressing the very highest respect for law."

sod the jail though :P

Yep, cost me £250k too, all my inheritance from an aunt, in the end i rushed it through in terror that something might happen to my father and she would get that too

My ex never worked after having children, though she told me she would before we married, after having claimed for all this period that she wouldn't find work she did immediately after we seperated

her family had nothing much (raised on a council estate), her brothers and sister have worked hard all their lives and my ex is now far wealthier than them and hasnt worked in 18 years

i left her (she had a terrible temper and couldnt stop spending my money either and it was obvious she would finally bankrupt us in the end). Now she is earning herself she declared she was saving £1000 per month in the financial settlement. I pay child maintenance and she endlessly argues that i am not paying enough.

my new partner (a finance director) describes her "as an embarrassment to her gender". at least i get to see my kids, although as they are teenagers there is little she could do to stop it....

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'Baby, this relationship is so good we have to get the government involved'

Its not like people don't know this before getting married.. If you're not willing to gamble all your money, you shouldn't really be in the casino.

-Disclaimer- I certainly don't think the current situation is correct, but its not like information about it is difficult to find out.

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  • 433 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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