Getting divorced may be very complicated particularly with rich couples.  This unavoidable occurrence is legal in some countries.  After being legally divorced, the properties are equally distributed among the two parties.  Each are given equal rights to acquire any of the properties.  Joint savings accounts will be shared among the two including all the earnings of the investments they have from the start of their marriage.  Apart from the monthly earnings from the investments, the wife can still ask for more to sustain her lifestyle.  The court may grant this appeal but she may do some more if she aims for her husband’s profits gained for his partnerships.

Excerpt:

“In the divorce, he gave Ms. Brandes their Rancho home, a house on the beach in Del Mar, the New York Penthouse and two other Manhattan condos along with two condos in Salt Lake City. She also received $18.7 million from their joint savings accounts and investments.”

“Let us assume that Linda played a large or even equal role in Charles’ success, since she says she persuaded him to upgrade his wardrobe, get a speech coach and have his nose “fixed.” She may indeed be entitled to far more than she has already received, since his monthly income is reported to be more than $16 million.”

Original article can be found at:

http://blogs.wsj.com/wealth/2011/01/25/when-6-million-a-year-isnt-enough/

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