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Wife Sues Husband for Share of Lotto Winnings Kept Secret
shmokes:
Actually, the divorce rate is getting very close to 50%. There are multiple ways to read the data, but for practical purposes it doesn't make sense to include 70 year olds that have been married for the last 50 years because when we talk about divorce rate we're usually talking about the likelihood that any given person getting married today will stay together until one of them kicks the bucket. Looking at it like this, which seems like how we mean to look at it unless we're just trying to make ourselves look good at the international class reunion, we see that 33% of 1st marriages will end within the first 10 years. How many of those that are left will make it to the 20-year mark? The 30? Beyond that, most of them are probably in it for life, I think.
bfauska:
Don't be too sure with the after 30 year guess. My Aunt and Uncle are calling it quits after about 32. But I suppose it's a good assumption, we all were shocked as hell to hear it, it does seem like after 30 years you'd either know all the ---steaming pile of meadow muffin--- there is to know about somebody and be willing to live with it, or they'd be damn good at hiding it... Oh...um..., or you'd still be madly in-love, like the day you met.
Cakemeister:
Hey Shmokes,
Question on community property. (I know you are not a lawyer yet).
If Ramdass bought the ticket in a community property state, is she legally entitled to half the money (and liable for half the taxes)?
I tried explaining to my 15-year-old son that she was entitled to half the money and his reaction was along the lines of "Fudgesicle that Cleveland steamer, I would move to Canada if she sued me!"
shmokes:
From what I know of it, which amounts to us talking about it in my property class for about twenty minutes one day, she is entitled to half of it, regardless of whether its a community property state. Some states split everything up evenly, even property that one person owned prior to the marriage. But I'm pretty sure that all states will split property that was acquired during the marriage, with the possible exception of things like family heirlooms that were handed down, and such.
On an unrelated, but interesting note, if you work to put your wife through medical school, you are not entitled to any of her increased earning potential if she decides to ditch you once she gets the degree. I share only because I found the reasoning kind of fascinating. You cannot apply property rules to split up the economic value of her medical degree, because her medical degree is not property. All property is devisable. But your wife's expertise will go to the grave with her. She cannot put her medical degree in her will to be inherited by her child, it cannot be transferred, therefore is not property.
Funny. Just one of those things where you're like, "You know . . . that actually makes a strange kind of sense, doesn't it?".
shardian:
--- Quote from: shmokes on November 19, 2007, 10:26:18 pm ---From what I know of it, which amounts to us talking about it in my property class for about twenty minutes one day, she is entitled to half of it, regardless of whether its a community property state. Some states split everything up evenly, even property that one person owned prior to the marriage. But I'm pretty sure that all states will split property that was acquired during the marriage, with the possible exception of things like family heirlooms that were handed down, and such.
On an unrelated, but interesting note, if you work to put your wife through medical school, you are not entitled to any of her increased earning potential if she decides to ditch you once she gets the degree. I share only because I found the reasoning kind of fascinating. You cannot apply property rules to split up the economic value of her medical degree, because her medical degree is not property. All property is devisable. But your wife's expertise will go to the grave with her. She cannot put her medical degree in her will to be inherited by her child, it cannot be transferred, therefore is not property.
Funny. Just one of those things where you're like, "You know . . . that actually makes a strange kind of sense, doesn't it?".
--- End quote ---
Funny you mention that, because I was just being told about a former neighbor of my wife the other day. She divorced her husband while he was finishing up some extended doctor residency. As part of her divorce terms, she was granted a hefty child support amount based on his "earning potential". So you are saying the woman can get tons of money from the man, but if the wife is the big guns the man is screwed, right?
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