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Relationship Discussion (non-explicit)
Reply to "Highest child support and alimony ever?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Alimony in 2018 is so bizarre. I remember my mom's best friend got divorced from her lying, abusive, alcoholic husband back in 1993 when she was around 45. Going to college in the mid-60s, they were of the era where it was pretty understandable that the woman didn't have a career to fall back on, so of course she fought tooth and nail for alimony from him. Which meant she's had to spend all those years since then having to remain in contact with her abusive alcoholic ex husband while he tries to hide money and otherwise continue to abuse her. I acknowledge that in 1993 this was the obvious thing to do. But now it's been TWENTY FIVE years. In that period, I started and graduated from highschool, college, law school and became a partner in a law firm. My god, think of the things she could have been doing during 25 years. I'm not sure why we (then or now) act like a 45 year old women is so out to pasture that she can't possibly work again. Yes, she's 70 now - perfect age to have worked for 22 years and have retired at 67. [/quote] Alimony is not a bizarre concept in the sense that it maintains and recognizes an ex-spouse's interest in an investment that both parties mutually and jointly agreed to. Take, for example, a newly-married couple who begin their lives equally well-educated and burdened by student debt. After about a decade of career development for both spouses, both parties jointly and mutually decide that the best way to maximize the economic and personal potential of Jones & Co. ([i]i.e.[/i], "the Jones family") is an equitable division of labor ([i]e.g.[/i], professional/personal, management/worker, brains/brawn) wherein one spouse will continue to work full-time and all-out, develop their professional skills and talents, advance in their career, travel often, -- and if need be -- make multiple professional and geographic moves; and the other spouse will focus on the personal side of things, namely by devoting themselves to raising the children, and supporting and facilitating the other spouse's full-time professional commitments and multiple career moves. After 15 or more years of such agreed-upon division of labor, and at such time as the partnership has existed for more than 22 years, one of the partners unilaterally decides to dissolve the partnership of Jones & Co., often to partner with someone else. The issue is that Jones & Co. has now become a relatively profitable venture, generating a net income of one million or more a year. Alimony is akin to the "terminated" partner maintaining an equity stake of 40%+ in Jones & Co. [/quote] Then it seems that the "personal side" partner made a very bad investment 15 years prior, which anyone could have foreseen. [/quote] To the contrary, the "personal side" partner made a good, wise, and loving investment in a partnership that now generates healthy annual revenue. The partnership may have been reconfigured with a new partner, but the original partner is still eligible to receive an annual distribution for their interest, buyout, and pension stakes the joint creation and development of the successful venture. [/quote]
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