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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]That scenario sounds great for the husband. Your aunt would’ve been screwed in a divorce. I’d rather have the ability and expectation to support myself. [/quote] My Aunt was love of his life, they were married 60 years. My Aunt had a sixth grade education. Hard to belive. But if alive today she be 96 and she was born a poor town in Northern Ireland. Under NYC law she gets half of husbands income and assets. She married him while he still lived at home and in college!! Back in those days, women got the house, alimony and child support and 1/2 the assets. You are most likely too young to remember but in the 1960s the USA top Federal income tax bracket was 90 percent. And NYS Income tax 11 percent. My uncle was in top tax bracket. She did go back to work for awhile when kids are older. The women and men at work all knew she was very very rich. I recally my Uncle saying she was paing 99 percent tax on her full time $10,000 a year job so taking home only $100 bucks a year. And in divorce my Uncle was entitled to 50% or $50 bucks. Back then Country Clubs were packed on Wednesday as a lot of Lawyers/Doctors only wanted to work 4 days a week as once you hit highest tax bracket why work 5 days. So Dad worked Monday, Tuesday, Thursday and Friday and Mom stayed home. My brother joined a country club in 1992 on Long Island and Wed was called Family Day still. Mom, Dad, Kids all come. [/quote] Economically the 60s were magical, mostly because the rest of the world was still a smoking hole from WWII and we were the only industrial power. So what if your uncle was abusive and refused divorce (no fault divorce wasn’t a thing). What if he gambled away all their earnings? She would have limited options compared to today. Honestly, being married to a loving wealthy husband is always the best time to be alive. [/quote] He sadly actually died this week. He was very healthy up to 92. His wife got Alzeimers in her late 70s and he took care of her every day. For like 7-8 years. He became single again at 86. First time since he was 16. Briefly dated a younger women when he was 90. Well she was 82 but to him a younger women. All I know is my Mom almost fell off her chair in 1972 when she found out he made $350,000 a year in 1972 between his primary job, consulting job adn investements. He was extremely good looking, full head of hard, six foot two inch and in shape. People say women have it better now. His daughter worked 21-65 in a big job. and was a massive real estate investor she owned around 300 homes. Back in 1990s she was buying 10-12 a year. She was managing that whole thing, working an exec job. And her husband who played Golf, did some life insurance on side, barely worked when he turned 66 and retired he turned around and divorced her and took half. Now she is 68, alone in a house, Half her life savings gone. it is nice to have your own money, not nice when you lose half Nicer when you have none and get half [/quote]
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