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(CTV News)   Think your alimony sucks? Try $175,000 PER MONTH   (ctvnews.ca) divider line 165
    More: Fail, spousal support, dental insurance, McCain Foods, child support  
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17351 clicks; posted to Main » on 13 Jan 2013 at 11:35 PM (2 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2013-01-14 12:12:12 AM  
I've said it before and I will say it again, alimony should never be more than the recipient would get if they were on welfare and should not be paid for more than four years. That is long enough to get an education and put yourself back in a position to earn your own way. Also, alimony should only be paid if the recipient can prove beyond a shadow of a doubt that they are unemployable as a result if the marriage. Child support should be put in a trust that requires the payer has say in how the money is spent. Any extracurricular lessons sports etc. are to be split by the parents aside from child support. Child support is for the basic needs of the children not karate classes and iPads. No one should be paying thousands a month in child support no matter how much they make.
 
2013-01-14 12:12:46 AM  

Gig103: Wow, big surprise that a female judge would set aside contract law over something as subjective as conscience.


This. She should be on the Florida Supreme Court. And it wasn't even an issue of conscience at the time. It is something that later became unconscionable.

This is like being arrested for conspiracy. They can dump that shiat on you, and what are you going to do about it? Nothing.

The solution is: don't get married. Don't knock any biatches up. If you are uber-loaded, then get fixed. Make sure nobody ever uses your address for any billing. Never have any joint accounts. Never hold yourself out as spouses. Leave a massive paper trail that demonstrates the relationship is not monogamous, that you have no intent for it to be permanent, and that you are not co-habitating.
 
2013-01-14 12:13:53 AM  

bonzeemer: You're hot.
/hot


thisiszombocom: how YOU doin


Good news! If her post is any indication, she's a bad judge of character. You guys are in luck!
 
2013-01-14 12:16:35 AM  

SevenizGud: The solution is: don't get married. Don't knock any biatches up. If you are uber-loaded, then get fixed. Make sure nobody ever uses your address for any billing. Never have any joint accounts. Never hold yourself out as spouses. Leave a massive paper trail that demonstrates the relationship is not monogamous, that you have no intent for it to be permanent, and that you are not co-habitating.


Some people, regardless of how much money they have, like having interpersonal relationships. Relationships require trust.

This thread is going to have a lot of people who forget that.
 
2013-01-14 12:20:06 AM  
As a percentage it isn't that much.

She gets roughly 0.4 percent of his net worth a year. If he took all his money and invested it earning 4% a year, he would still be earning ten times his alimony a year.
 
2013-01-14 12:21:57 AM  

worlddan: See....here is where I get confused....I agree with the judge that this contract was made under duress and was not valid and so that family can go fark itself...I'm a guy and I find the whole situation unconscionable too so all you hating the woman judge can go fark yourself as well.

but....

I also think that amassing 500 million dollars in wealth is also unconscionable and contrary to sound public policy.


So I think that legally it's the right answer to a situation that shouldn't even be legal in the first place which makes it "legally illegal" and that makes my head spin.


Yeah, it's really bad public policy to allow wealth creators to be rewarded......wtf....
 
2013-01-14 12:22:23 AM  

NewportBarGuy: I've never understood the court's decision to side with the "style that you've grown accustomed" argument.

So? She/He spent that way according to the knowledge of the joint bank account. Once that ends, they should get an equitable split (Which, in this case sounds like she was given $7,000,000 and a few houses.) and then each is responsible for doing their own budget based upon their own assets.

I don't honestly care, but it always smacked me as really f*cked up for the courts to rule like they do. Some of the people they rule against are rich scumbags who we'd all like to see take a hit. Yeah, that's fine. I laugh, you laugh. It just doesn't seem legally right to do.

I'd spend as much as possible if I was allowed and had a wife worth $500,000,000... That doesn't mean I'm legally allowed to do so after we break up. Dunno... YMMV


Pretty much.

If the couple had kids, I could see where it wouldn't really be fair to suddenly swoop the kids out of a big mansion and the rest and plop them into a double-wide because daddy or mommy is a dick (or coont, as the case may be). That said, there's no reason a child should ALSO get to be a Linday Lohan wannabe because Daddy was letting her be one before the divorce, either. Unless he wants to, but then there'd probably not be an issue about child support or alimony anyway.

But for these couples with grown kids who get up and say "Oh, I can't possibly live in anything less than a fifteen-room mansion with a vacation home in the Bahamas and $200K annually spending money, he's CEO of a Fortune 100 company, he can afford it..." well, guess what, sweetie, you can too. You're certainly legally entitled to SOME of his money--but you can just figure out how to live like a normal person in a normal house like everyone else.
 
2013-01-14 12:26:18 AM  

silverjets: Oh...female judge. Nevermind.


One of my workers sons went through court in relation to child support within the last year. He spent 12 years in the army and is currently going to school on the GI Bill.....woman judge claimed he should be making 80k since he is 30 some odd years old instead of the 20k he makes part time while in school and awarded child support based on the 80k amount.
 
2013-01-14 12:31:19 AM  
The decisions made by family courts are, for all intents and purposes, random. Knowing this, we can deduce two things:

1. If your lawyer allows a proceeding to last through the various stages of mediation and negotiation long enough to actually wind up being heard in front of a judge, you have hired a retard.

2. If you are a male in the situation described in #1, and your response upon learning that you are on your way to court does not involve the immediate settlement of your dispute or the death of one of the litigants, your lawyer is orders of magnitude smarter than you.
 
2013-01-14 12:31:43 AM  
Man, crap like this makes me feel even more glad that I'm not married, and that my standards are unusually high.
 
2013-01-14 12:32:08 AM  
He should hire OJ.
 
2013-01-14 12:32:39 AM  

Giltric: silverjets: Oh...female judge. Nevermind.

One of my workers sons went through court in relation to child support within the last year. He spent 12 years in the army and is currently going to school on the GI Bill.....woman judge claimed he should be making 80k since he is 30 some odd years old instead of the 20k he makes part time while in school and awarded child support based on the 80k amount.


Things like this is why I hate modern liberalism so much....unreal.
 
2013-01-14 12:32:46 AM  

ongbok: SpaceyCat: Gig103: Wow, big surprise that a female judge would set aside contract law

Signing a contract under duress (the elder McCain threatened to disown his children if their spouses did not sign away their rights to spousal support and some business assets in exchange for a cash payout and some properties including the matrimonial home.) makes the contract invalid.

What duress? She didn't have to marry him. She could have decided that she didn't want to be involved in a family that crazy.


Married 30 years

Contract "offered" in 1997

I'll disown my son if you don't sign = Duress

Want to disown the son? then disown him

don't bully the wife, asshat
 
2013-01-14 12:32:47 AM  
I wouldn't be surprised if this woman ended up having some kind of unfortunate accident eventually.
 
2013-01-14 12:33:02 AM  

SecretAgentWoman: I married the wrong damn men.

I can't even get child support out of the losers, let alone alimony.

/not bitter
//ok, I'm bitter


I send my ex nearly 60% of my net income, and I took all the debt when we split up. She thinks that's not enough, and wants 70% of my net income. When we split up, I had just become unemployed from Nortel, and we were in the process of losing the house. But the farking lawyers used the "style to which she had become accustomed" argument. So now, I work at a job that pays $45k less than I made at Nortel, to support her "in the style to which she had become accustomed". Oh, and in the year before we split up, I borrowed $9K to send her to school to become a medical tech. She graduated with honours. Four years later, she still hasn't bothered to get a job, because, hell, why should she?

/not all deadbeats
//some kinda bitter
 
2013-01-14 12:33:46 AM  
He's worth half a billion dollars ... so in other words, it takes him about the same amount of time to earn $175K in interest as it does to write out a check for $175K and walk it out to the mailbox. Boo hoo.
 
2013-01-14 12:34:18 AM  
shiat, I'm straight, but I'd gladly marry and divorce a CEO for $175,000 per month.
 
2013-01-14 12:34:39 AM  

zepillin: ongbok: SpaceyCat: Gig103: Wow, big surprise that a female judge would set aside contract law

Signing a contract under duress (the elder McCain threatened to disown his children if their spouses did not sign away their rights to spousal support and some business assets in exchange for a cash payout and some properties including the matrimonial home.) makes the contract invalid.

What duress? She didn't have to marry him. She could have decided that she didn't want to be involved in a family that crazy.

Married 30 years

Contract "offered" in 1997

I'll disown my son if you don't sign = Duress

Want to disown the son? then disown him

don't bully the wife, asshat


So the person who made the money, and currently has the money, isn't allowed to have any say in who gets the money? Fark that.

My question is, why wouldn't he have just arranged for a bequest in trust?
 
2013-01-14 12:37:36 AM  

sandbar67: He's worth half a billion dollars ... so in other words, it takes him about the same amount of time to earn $175K in interest as it does to write out a check for $175K and walk it out to the mailbox. Boo hoo.


It's not about what he's lost, it's about what she's unjustly gained. Marrying somebody who's in line to get a fortune doesn't entitle you to squat. Hell, being descended from someone who's made a fortune doesn't necessarily mean any of it's going to become yours. If he's divorcing her, I'm guessing he plans to stick it to her by withholding as much of his family's money as he can because again, fark her, it's not like she earned it. You don't ask for a doggy bag at the all-you-can-eat buffet.
 
2013-01-14 12:40:41 AM  

Flakeloaf: sandbar67: He's worth half a billion dollars ... so in other words, it takes him about the same amount of time to earn $175K in interest as it does to write out a check for $175K and walk it out to the mailbox. Boo hoo.

It's not about what he's lost, it's about what she's unjustly gained. Marrying somebody who's in line to get a fortune doesn't entitle you to squat. Hell, being descended from someone who's made a fortune doesn't necessarily mean any of it's going to become yours. If he's divorcing her, I'm guessing he plans to stick it to her by withholding as much of his family's money as he can because again, fark her, it's not like she earned it. You don't ask for a doggy bag at the all-you-can-eat buffet.


As the spouse for the majority of this adult life shouldn't she really be getting half of the estate.  I think he's the one making out here.
 
2013-01-14 12:42:19 AM  

Flakeloaf: zepillin: ongbok: SpaceyCat: Gig103: Wow, big surprise that a female judge would set aside contract law

Signing a contract under duress (the elder McCain threatened to disown his children if their spouses did not sign away their rights to spousal support and some business assets in exchange for a cash payout and some properties including the matrimonial home.) makes the contract invalid.

What duress? She didn't have to marry him. She could have decided that she didn't want to be involved in a family that crazy.

Married 30 years

Contract "offered" in 1997

I'll disown my son if you don't sign = Duress

Want to disown the son? then disown him

don't bully the wife, asshat

So the person who made the money, and currently has the money, isn't allowed to have any say in who gets the money? Fark that.

My question is, why wouldn't he have just arranged for a bequest in trust?


He is. It's called a will.
 
2013-01-14 12:45:08 AM  
Rich folks problems - I'm not impressed.
Try coming up with $500 a week working a service job.  No kids, no house, 52 weeks a year for five years.  Longest 5 years of my life.

eat the rich
 
2013-01-14 12:51:20 AM  

DarkLancelot: Flakeloaf: sandbar67: He's worth half a billion dollars ... so in other words, it takes him about the same amount of time to earn $175K in interest as it does to write out a check for $175K and walk it out to the mailbox. Boo hoo.

It's not about what he's lost, it's about what she's unjustly gained. Marrying somebody who's in line to get a fortune doesn't entitle you to squat. Hell, being descended from someone who's made a fortune doesn't necessarily mean any of it's going to become yours. If he's divorcing her, I'm guessing he plans to stick it to her by withholding as much of his family's money as he can because again, fark her, it's not like she earned it. You don't ask for a doggy bag at the all-you-can-eat buffet.

As the spouse for the majority of this adult life shouldn't she really be getting half of the estate.  I think he's the one making out here.


Why? Why does being his wife entitle her to anything his father did? It's a family gift, given to him with specific instructions not to share it with her to cut off exactly this kind of gold digging.

zepillin: He is. It's called a will.


But if the money were put into a trust, as opposed to simply passed on to any children whose spouses agreed to sign the contract, it wouldn't matter if she divorced him and took half of what he owned because the trust fund doesn't belong to him.
 
2013-01-14 12:55:30 AM  
Any rich Farkettes want to marry me? I'm housebroken, and like long threads in the rain.
 
2013-01-14 12:56:24 AM  

SpaceyCat: Gig103: Wow, big surprise that a female judge would set aside contract law

Signing a contract under duress (the elder McCain threatened to disown his children if their spouses did not sign away their rights to spousal support and some business assets in exchange for a cash payout and some properties including the matrimonial home.) makes the contract invalid.


That duress is between McCain and his father, not the wife. She loved him enough to sign it when he probably made it clear that the family fortune was most important. She knew what family she was marrying into and I'm sure relished at the thought of that lifestyle (I would).
 
2013-01-14 12:56:49 AM  

davidphogan: Any rich Farkettes want to marry me? I'm housebroken, and like long threads in the rain.


what are your thoughts on pina coladas?
 
2013-01-14 01:02:05 AM  
I'm willing to bet there are some high end professional hit men who will do the job for $250K and the body will never be found.
 
2013-01-14 01:07:21 AM  

poison_amy: The fact that she asked for child support for children of ages 19-26 makes my level of sympathy for her absolute zero.


While these kids are probably trust funded up to their eyeballs, in all sincerity it is very difficult for 19-26 year-olds to survive with no parental assistance at all in the modern world. Most career paths don't pull down enough to fully handle all of their own bills until you finish a 4-year degree and have a couple of years experience, and that's if everything goes well. For some highly professional careers, like doctors, lawyers, and scientists, it takes even longer than that. Of course there are sometimes undesirable options (like running up massive debt) but that's not really self-sufficiency either, and it can extend the second phase of dependency (where you are making money, but not enough to live on).
 
2013-01-14 01:07:38 AM  
$175,000 Canadian is like, what, $155.93 American?
 
2013-01-14 01:09:16 AM  

Pribar: Hell if I could afford to pay 175k a month I would be a happy man

/did the math, if I sold my house, shop, tools and emptied my bank accounts I could support her for almost 8 months.
//assuming I could get market value for everything.


I could support her for about 8 days!
 
2013-01-14 01:10:53 AM  

thisiszombocom: davidphogan: Any rich Farkettes want to marry me? I'm housebroken, and like long threads in the rain.

what are your thoughts on pina coladas?


They could be worse. They could be better as well. Like, if the rum were just mixed with root beer, or cola, or something that doesn't taste like crap, but I have no problem with them. They're better than a long walk in the rain, which I've done a lot in Portland. That's one stereotype about this city that's true.
 
2013-01-14 01:12:08 AM  
i362.photobucket.com
 
2013-01-14 01:13:44 AM  

Flakeloaf: DarkLancelot: Flakeloaf: sandbar67: He's worth half a billion dollars ... so in other words, it takes him about the same amount of time to earn $175K in interest as it does to write out a check for $175K and walk it out to the mailbox. Boo hoo.

It's not about what he's lost, it's about what she's unjustly gained. Marrying somebody who's in line to get a fortune doesn't entitle you to squat. Hell, being descended from someone who's made a fortune doesn't necessarily mean any of it's going to become yours. If he's divorcing her, I'm guessing he plans to stick it to her by withholding as much of his family's money as he can because again, fark her, it's not like she earned it. You don't ask for a doggy bag at the all-you-can-eat buffet.

As the spouse for the majority of this adult life shouldn't she really be getting half of the estate.  I think he's the one making out here.

Why? Why does being his wife entitle her to anything his father did? It's a family gift, given to him with specific instructions not to share it with her to cut off exactly this kind of gold digging.

zepillin: He is. It's called a will.

But if the money were put into a trust, as opposed to simply passed on to any children whose spouses agreed to sign the contract, it wouldn't matter if she divorced him and took half of what he owned because the trust fund doesn't belong to him.


It ceases to be his father's once he inherits it.  What a plan for gold digging? Marrying and staying with him 30 years and having several children, a shrewd plan indeed.
 
2013-01-14 01:15:44 AM  
When the couple broke up, Michael McCain was believed to be worth about half a billion dollars, the document shows.

Ya, something tells me $175,000/month isn't going to crimp his style too much.
 
2013-01-14 01:16:47 AM  

What_Would_Jimi_Do: ongbok: And lets not forget that the agreement gave her 7 million and a house in the event of a divorce. It wasn't like she was being handed a change of clothes and a bus ticket.

fark the biatches and ho's.

any one wonder why us smart ones stay single.


Ya, I'm sure it has a lot to do with how "smart" you are.
 
2013-01-14 01:16:48 AM  

Mitrovarr: in all sincerity it is very difficult for 19-26 year-olds to survive with no parental assistance at all in the modern world


19-26 is the new newborn-18

Wow...just..wow.
 
2013-01-14 01:22:44 AM  

Giltric: 19-26 is the new newborn-18

Wow...just..wow.


Yeah, well, if people don't like it, they can pay young people enough to live on, not require degrees for fields that blatantly don't need them, and don't make people run up a ton of debt for college if they do need it. It's not that today's 20-somethings don't want to be independent, but the deck is stacked against them in like a dozen different ways.
 
2013-01-14 01:35:11 AM  

SecretAgentWoman: I married the wrong damn men.

I can't even get child support out of the losers, let alone alimony.

/not bitter
//ok, I'm bitter


Wow, your men sucked.

I'm mid-divorce. I volunteered to give my soon-to-be-ex $1300 a month in alimony in addition to the $1700 a month in child support. She's the mother of my children, and she sidetracked a career to be a stay-at-home mom. Just because we fight all the time (she suffers from Aspergers and I... don't) is no reason for me to leave her twisting in the wind.
 
2013-01-14 01:45:38 AM  
Where are the women's rights people? This subject never comes up. 'We want equal pay!' (and ps: treat us like special babies when we get divorced).

It's a double standard and it sucks.

Yes, I know not all women are like that. But I've seen some.
 
2013-01-14 01:49:44 AM  
It's much less expensive just to hire a couple of guys to show up and kill the biatch and dispose of the body if you have that much money.

My ex is lucky I'm not rich.
 
2013-01-14 01:50:44 AM  

NewportBarGuy: I've never understood the court's decision to side with the "style that you've grown accustomed" argument.

So? She/He spent that way according to the knowledge of the joint bank account. Once that ends, they should get an equitable split (Which, in this case sounds like she was given $7,000,000 and a few houses.) and then each is responsible for doing their own budget based upon their own assets.

I don't honestly care, but it always smacked me as really f*cked up for the courts to rule like they do. Some of the people they rule against are rich scumbags who we'd all like to see take a hit. Yeah, that's fine. I laugh, you laugh. It just doesn't seem legally right to do.

I'd spend as much as possible if I was allowed and had a wife worth $500,000,000... That doesn't mean I'm legally allowed to do so after we break up. Dunno... YMMV


I think it's this way because historically a woman's quality of life went significantly down after she's had a divorce. Back in the day (hell, even today in some backwards countries) a man can just drop a woman like a rock and make off with everything, leaving her single, raising the kids and with the stigma of not being good enough to keep a man.

I can understand why certain laws were written to prevent this, forcing the husband to take responsibility for the wife he agreed to be with until death, especially when she's made significant sacrifices in her own life and education for the family. (The woman ITFA gave 30+ years to this guy! It's not like she was a trophy wife gold digger)

I see it like Unions. It originally was to protect those who constantly got screwed over, and morphed into something else when people got too greedy and found out how to play the system.

/Not saying that this applies to the people ITFA, but I can see why the judged ruled in this case.
 
2013-01-14 01:50:45 AM  
SecretAgentWoman: I married the wrong damn men.

I can't even get child support out of the losers, let alone alimony.

/not bitter
//ok, I'm bitter


Going by the pic I'd say SecretAgentWoman is a total MILF/cougar.

/I'd get into her business if u know what I mean...
 
2013-01-14 01:53:45 AM  

silverjets: McCain family fortune was made by the family patriarch. Please explain how the wife of one of the sons contributed to the making of this fortune such that she should be entitled to such a HUGE monthly alimony payment?


I want to know what the son contributed to the making of this fortune such that he should be entitled to the entire $500,000,000 fortune to himself, while the mother of his four children gets less than 2%?

Fark family fortunes. We fought the revolutionary war to end the monarchy and hereditary rule. Now we have nearly half of all the wealth in the United States tied up in the hereditary estates of the wealthiest 1%. So we have idiots like Paris Hilton in charge of hundreds of millions of dollars now.
 
2013-01-14 01:56:15 AM  
That's a lot of beaver pelts!
 
2013-01-14 02:04:46 AM  

davidphogan: thisiszombocom: davidphogan: Any rich Farkettes want to marry me? I'm housebroken, and like long threads in the rain.

what are your thoughts on pina coladas?

They could be worse. They could be better as well. Like, if the rum were just mixed with root beer, or cola, or something that doesn't taste like crap, but I have no problem with them. They're better than a long walk in the rain, which I've done a lot in Portland. That's one stereotype about this city that's true.


hmm... i guess my obvious joke was not so obvious

Link
 
2013-01-14 02:05:14 AM  
How about just don't get married if you're wealthy. Renting is much less expensive.
 
2013-01-14 02:05:59 AM  

thisiszombocom: davidphogan: thisiszombocom: davidphogan: Any rich Farkettes want to marry me? I'm housebroken, and like long threads in the rain.

what are your thoughts on pina coladas?

They could be worse. They could be better as well. Like, if the rum were just mixed with root beer, or cola, or something that doesn't taste like crap, but I have no problem with them. They're better than a long walk in the rain, which I've done a lot in Portland. That's one stereotype about this city that's true.

hmm... i guess my obvious joke was not so obvious

Link


or maybe you did. i dunno. its late.

i go bed now
 
2013-01-14 02:07:04 AM  

Giltric: Mitrovarr: in all sincerity it is very difficult for 19-26 year-olds to survive with no parental assistance at all in the modern world

19-26 is the new newborn-18

Wow...just..wow.


Nobody's considering the fact that they might be in college.
 
2013-01-14 02:07:23 AM  

simkatu: silverjets: McCain family fortune was made by the family patriarch. Please explain how the wife of one of the sons contributed to the making of this fortune such that she should be entitled to such a HUGE monthly alimony payment?

I want to know what the son contributed to the making of this fortune such that he should be entitled to the entire $500,000,000 fortune to himself, while the mother of his four children gets less than 2%?

Fark family fortunes. We fought the revolutionary war to end the monarchy and hereditary rule. Now we have nearly half of all the wealth in the United States tied up in the hereditary estates of the wealthiest 1%. So we have idiots like Paris Hilton in charge of hundreds of millions of dollars now.


Paris Hilton is a bad example. Even her granddad saw how much of a whole she was and cut her from most of the family inheritance. That hundreds of millions that she's in charge with is actually her own money she's making from endorsements and appearances.

I know it's sad, but at least Paris Hilton is making her own damn money, unlike other trashy rich kids.
 
2013-01-14 02:10:21 AM  
$2600 a month on pilates? Are you farking kidding me?

Talk about a disconnect from reality.
 
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