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Old 06-05-2012, 08:49 AM   #41
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http://massalimonyreform.org/PDFs/Ho...monyReform.pdf These stories are hard to believe! High time the law was changed in that state I'd say. I can especially imagine how incensed the second wife in these alimony-for-life cases feel, when her income is considered part of marital income and the ex-spouse can claim support from that income. Huh Why would a working woman want to marry a divorcee with alimony payments under that unfair situation? One man states "My ex-wife retired at 40"....and indeed the court imposed alimony-for-life becomes a successful early retirement strategy......legally!
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Old 06-05-2012, 09:03 AM   #42
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.....Why would a working woman want to marry a divorcee with alimony payments under that unfair situation?
S/he wouldn't. In that situation it might be better to just shack up together to avoid enriching the money grubbing ex.
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Old 06-08-2012, 11:02 PM   #43
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I agree here too Marita40. Not to get off topic or anything but woman should know better. This topic hits a little close to home. My daughter just got married 2 weeks ago to a fine young man who makes a good salary and is solid. He wants a family and she has said she will probably be pregnant within a year or two and doesn't want to work (teaches). While I understand that, I feel at her age (24) she may underestimate the risk of getting out of the work force. She has this view that "he has her back" and "will take care of her and their family". A wonderful view to have but....we all know "things" happen. When someone gets out of the labor market they are putting their financial stability and survival in someone else's hands and there are risks associated with that.
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Well said, Sheehs1.
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Old 06-09-2012, 01:08 AM   #44
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Originally Posted by Frugalityisthenewblack View Post
http://massalimonyreform.org/PDFs/Ho...monyReform.pdf These stories are hard to believe! High time the law was changed in that state I'd say. I can especially imagine how incensed the second wife in these alimony-for-life cases feel, when her income is considered part of marital income and the ex-spouse can claim support from that income. Huh Why would a working woman want to marry a divorcee with alimony payments under that unfair situation? One man states "My ex-wife retired at 40"....and indeed the court imposed alimony-for-life becomes a successful early retirement strategy......legally!
In Ontario alimony for life for long term marriages (20 years) is the norm. My X get's an astonishing $250k per year from me for the rest of her life! Not only that but if I die before her my estate(ie new wife) must continue to pay her until the X dies. Furthermore it took 15 years of bitter litigation to finally settle it This sounds unfair to most people. My new wife took a real risk with me given the baggage I was developing. She says it was worth it? Second marriage is 17years and going strong.
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Old 06-09-2012, 01:33 AM   #45
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WOW, Danmar. At one time I thought we had a similar net worth gathered from the same place (stock options). Never thought of trading in the first wife, she has always made me happy. At $250K/yr to someone else, I might last until I'm 85 or 90. Shoot me now.
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Old 06-09-2012, 05:49 AM   #46
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CO has some of the worst alimony laws in the country. Lifetime alimony/spousal support is the norm.
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Old 06-09-2012, 09:02 AM   #47
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WOW, Danmar. At one time I thought we had a similar net worth gathered from the same place (stock options). Never thought of trading in the first wife, she has always made me happy. At $250K/yr to someone else, I might last until I'm 85 or 90. Shoot me now.
In my case getting shot wouldn't relieve my new wife of the obligation to keep paying the X. I did insist on the option of buying the X an equivalent life annuity at some point to get her out of our lives. Although very expensive, my divorce was the best thing I ever did. I think I am much happier than the X.
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Old 06-09-2012, 09:04 AM   #48
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She'll just have to suck it up and move on. When you are in tough circumstances, you do what you have to do.
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Old 06-09-2012, 07:14 PM   #49
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Originally Posted by Danmar

In my case getting shot wouldn't relieve my new wife of the obligation to keep paying the X. I did insist on the option of buying the X an equivalent life annuity at some point to get her out of our lives. Although very expensive, my divorce was the best thing I ever did. I think I am much happier than the X.
Wow, thats an interesting story Danmar. I don't know anything about your ex, but I am positive she is a lot happier the first of each month being the ex Mrs. Danmar as opposed to the ex Mrs. Mulligan! 15 years of litigation also you had to endure? I imagine the wives of your lawyers appreciated the extended business, too. Its good to know it all worked out for the best for you with number 2.
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