Reply to Talking engagement and find out boyfriends deal with EXwife

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We have both been married before.  I had alimony for a short time but it is long gone which is fine as I rebuilt my career.  I have one DC who I get child support for.  I was married 7 years.  Boyfriend was married 14 years and has two kids whom he pays child support for.  I assumed she no longer got alimony as they have been divorced for 4 years.  We want to get married so we had a financial talk last night.  Turns out his ex wife passed up alimony in exchange for 22 percent of his business...as in she owns 22 percent of his business FOREVER.  This gives her passive income of about 78-90k a year!!!!! FOR DOING NOTHING!!!!  My boyfriend is fine with it and said something like [b]"I would of never been able to start this business without her.[/b]" Isn't unusual there was no "buyout."???  I want to start a life with this man but I don't want to keep her on the payroll forever.  Boyfriends long term plan is to keep business up and running for 12 more years before he sells at which time we would have to give her those proceeds???  The alimony thread kind of keyed me into realizing this is extremely rare and my boyfriend got a terrible deal.  Anything we can do now??[/quote]

Without her, according to him, he would never been able to start this business - so think of it this way- 78% of nothing is ZERO. And your boyfriend sounds like a class act.  [/quote]

+1. Sounds like a man of good character. 14 years is a long time, OP. Pass him my way if you screw this up.[/quote]

+2. Your boyfriend sounds like a class act and if you don't want him and the 22% of  a 500k/year business held by ex-wife, feel free to let him go. I have several divorced friends that would be thrilled to meet a generous, financially stable, thoughful man.  As other people have said, both he and ex wife are happy with the situation. If you aren't happy with the pre-nup with boyfriend or your divorce settlement that really has nothing to do with boyfriend and his ex.  
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+100 I think you just need to move on if you're uncomfortable with this. Your ex doesn't need you bitching and moaning about this. You'll be divorce #2 before long.

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