Reply to What is Just Compensation for a "Life Lost"?

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[quote=Anonymous][quote=Anonymous]Thank you for posting the anecdote above. I just don't think it is realistic to expect a spouse to be responsible for compensating someone for "opportunity loss" of that magnitude.

When you get married, you agree to assume some responsibilty for you spouse's welfare -- not compensating him or her for a theoretical career. In the case above, Annie is probably entitled to a few years of alimony, making it possible for her to get a job, and maintain a reasonable standard of living. It's unrealistic to expect to be compensated for theoretical seven-figure salary career.

And remember, she is automatically entitled to half of their assets. If he was making millions, then she presumably will be walking away with seven figures herself. Boo friggin hoo.[/quote]

It is, unfortunately so, not realistic for the poor to be properly compensated in a divorce.

It is also, unfortunately for most of us in the middle-class to merely-wealthy class, also unrealistic be compensated for a certain lifestyle in which we had lived for many years.

For someone in George and Annie's position, that is extremely and truly wealthy, it is completely realistic to be compensated generously for many, many years.  The courts see it as a totally equitable, completely warranted, fair redistribution of income - or haven't you read the proposals for increasing taxes on the wealthiest 1%?  It is viewed as the same thing -- poor spouse deserves at least 39-50% of very, very rich ex-spouse's income.[/quote]

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