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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: Jim S who wrote (23744)7/12/2006 12:08:52 PM
From: Ilaine  Read Replies (2) | Respond to of 541327
 
The wife got half of the house by default because the husband didn't show up for the hearing.
nytimes.com

Just one more reason to think he's crazy. I mean, duh. Skipping the hearing where they decide who gets the house is really, really dumb.



To: Jim S who wrote (23744)7/16/2006 10:53:08 PM
From: Rambi  Read Replies (1) | Respond to of 541327
 
Forgive my lateness in replying; I've been away, and will probably be away again this week!

Thank you for the information on NY not being a community property state. But it seems that the house was also in her name, so regardless of what he "thought" it was, the house was not "his" legally. It's unfortunate that he didn't keep it separate.

You will also note that he advocated marital assets being divvied up based on each person's contribution. What would be unfair about that?

I have a feeling he (and perhaps you) might not agree with the possible outcome of such as assessment. Men commonly fail to credit women with the actual work done if it doesn't involve a direct paycheck.

From an article on the value of a stay-at-home wife:

According to a story which appeared in the May 99 issue of the Washington Post, $508,700 a year might be a good estimate of a wife's worth. That figure was according to a study by Edelman Financial Services Inc, based in Fairfax, VA.
The study used as its basis 17 occupations that wives and mothers typically perform and each job's median salary. According to Ric Edelman, chairman of Edelman Financial Services, the figure doesn't include retirement benefits which would increase the bottom line value of a wife to about a million dollars a year. With inflation, those 1999 figures would be considerably higher if recalculated today


He wanted her and his children-- which is the saddest thing of all--- to get nothing.