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Tamara Shayne Kagel

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It's Our Money, Honey!

Posted: 01/14/12 01:51 PM ET

My boyfriend and I haven't even been dating a year and we're already fighting about a divorce settlement. Not our divorce settlement, but everyone else's. He seems to think that Kobe Bryant's wife is not entitled to the $75 million dollars she is likely to get. And I am outraged.

In California, without a prenup, husband and wife must split equally everything that was earned during the marriage. The moment a husband earns a dollar, the wife is immediately the owner of fifty cents of that dollar. Any wealth that either party has before the marriage, they both get to keep. But because Kobe and before him Mel Gibson earned their respective $150 and $850 million while married, their wives will leave the marriage with half of the money.

I happen to think this is fair. The problem is, my seemingly perfect Mr. Dreamboat, does not. It first came up this past summer, when I was studying to take the CA bar and read about Ron Burkle's divorce. Burkle, the supermarket mogul, was worth about $2 billion, however he (in my opinion) swindled his wife out of the billion she was due and she received only $40 million. Of course, $40 million is an enormous sum, but it's the principle; she should have gotten half. My boyfriend expressed some indignation that any stay-at-home wife who had raised children deserved $1 billion dollars.

So how much is it worth, then? I snapped back.

I don't know, but not $1 billion dollars.

Mr. Dreamboat seems to think that there is a cap on how much a stay at home mom is worth. (Although I use husband as the generic breadwinner because it's still more common, I believe the same rules apply when the wife is the income-earner -- a stay-at-home dad is also entitled to half.) People think that Gibson and Kobe are being defrauded out of their fortunes by greedy wives. These stories have headlines like, "Divorce will cost Kelsey Grammer $50 million" and just last week, the cover of People magazine said "Mel loses $425 mil in divorce." But you never see headlines that say, "Gibson's wife of thirty years who raised seven kids, virtually alone, while enduring life with an alcoholic gets what she deserves."

The problem is, no one actually deserves that much money. Does Mel Gibson deserve $425 million dollars because we have a warped celebrity culture that paid him $20 million dollars a movie to carry around a sword on a horse and wear make-up? Does Ron Burkle really deserve $2 billion dollars? No, because no one does. But he happens to have earned it through a combination of luck, circumstance, and hard work. And because of those same things, and California property laws that believe marriage is a partnership, their wives should get half.

My feeling about marriage is that once you enter into it, you are no longer doing anything alone. The sum is greater than the two parts and so it's not a husband who earns money and then shares it with his wife. Rather, the marriage is earning the money all along. Once married, the breadwinner is not earning that money by himself. He is enabled by the other spouse. Maybe Burkle's wife made it possible for him to earn all that money by supporting him during school or helping him make business decisions or keeping him afloat when he decided to take big financial risks. This seems especially true in the case of a stay-at-home parent, who keeps a home, picks up dry-cleaning, lays out socks to match a suit, and takes the kids to soccer.

Plus, suppose you can determine a monetary value for parenting. Say that the monetary value of a stay-at-home mom's hard work equals 25% of her husband's earnings. Reciprocally, should the husband be able to claim responsibility for only 25% of the people the children turn out to be? Is dad entitled to only 25% of the kids' affection because he only did 25% of the parenting?

When this first came up in my relationship, I didn't push the issue very far because we hadn't been dating very long. But ever since, I've been wondering if we fundamentally disagree about our philosophies regarding marriage. And if we do, wouldn't we flunk one of those compatibility quizzes so badly, the screen would start flashing red with BAD MATCH written across it? So when this topic came up again thanks to Kobe, now ten months into our relationship, I rolled up my sleeves and dove into the debate.

He again reiterated his dismay at the large divorce settlement so I dug further, explaining my aforementioned reasons for supporting Kobe's wife. And though I kept most of the sass at bay, I just couldn't resist a little indignation. I just could never marry someone who fundamentally disagreed with me about the philosophy of marriage, I said haughtily.

You make some good points, he said. But he wasn't done. He reminded me about a facet of divorce that I had forgotten about. This whole time, I'd been perplexed by his opinion because he's rather close with his mother, a stay-at-home mom, and I couldn't understand how he could undervalue her contribution. But I had forgotten about his father, who has been less lucky in marriage. My boyfriend has seen divorce from the other side. When there are short-term marriages and no children involved, do I still believe that everything must be shared equally? I could imagine a hypothetical where the marriage was short and the wife was not working at the marriage while the husband was working at the marriage and earning a large income and upon divorce, the husband felt like the wife was asking for more than her fair sure.

When I think about marriage, I form opinions based on my marriage. Of course, having never been married, I talk based only on how I want it to be. I imagine I will work tirelessly at being a long-term wife and mother, and should I sacrifice my career, I want my husband to feel that everything he earned, we earned together because I would be working just as hard as him. It had never occurred to me that divorce might come after a short marriage or without children because well, I can't imagine a marriage like that. My parents have been married 35 years, all of my parents' friends are still married... suffice to say, I didn't grow up with a lot of divorce. I started to realize he had a point. But does he really think that any marriage involving me might involve someone not pulling her weight?

I think you might convince me of this though, he added after explaining his reasoning. Don't give up on this one, he smiled knowingly at me. Maybe it's not a philosophy regarding marriage that I have to convince him of. Maybe it's me I have to convince him of. After all, I don't want to marry someone who believes we have the same opinion on divorce settlements. I want to marry someone who believes that there's not going to be any divorce at all.

 

Follow Tamara Shayne Kagel on Twitter: www.twitter.com/@TamaraSKagel

My boyfriend and I haven't even been dating a year and we're already fighting about a divorce settlement. Not our divorce settlement, but everyone else's. He seems to think that Kobe Bryant's wife is ...
My boyfriend and I haven't even been dating a year and we're already fighting about a divorce settlement. Not our divorce settlement, but everyone else's. He seems to think that Kobe Bryant's wife is ...
 
 
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11:01 AM on 01/21/2012
Ms. Kagel doesn't seem to realize she's just put out a huge red flag to any man with the kind of money she so fervently desires. Of course they won't tell her what they really think upon finding this article. But I suspect a prenup-less marriage to a rich man will remain strangely elusive.

Oh, the humanity.
08:47 PM on 01/20/2012
- Taxes may only be taken for public purposes

Public Education, Food Stamps, Cash Assistance, Florida Kid Care. Children are defined by the government as meeting the requirements for public use.

- Property may be taken by the government only for public purposes

Divorce, Best Interest, Children taken from non-faulting parent by the government and given to another.

- Owners of taken property must be fairly compensated

Were is the compensation? Then it's unconstitutional.

WAKE UP!

http://www.usconstitution.net/consttop_duep.html
12:17 PM on 01/18/2012
I think that the legal system is totally skewed towards women. Everyone talks about half of assets during marriage, and assumes money should be split. Well on the flip side while the guy was at work all day providing a roof over their heads and food on the table the wife is caring for the kids. After the divorce she may get half the money but would he get all that missed time back with the kids, the seeing the first steps, their first words, of course not, you can't. Then since usually the woman is the primary care giver, they get primary or majority custody of the kids by default, and the house and the car....you know for the kids. And lets make sure she can still live the life she is accustomed to. So the man has to pay the woman alimony to keep her in the life she "is accustomed to". But for the guy, maybe he was accustomed to breakfast made in the morning, lunch packed for the day, a hot dinner on the table when he gets home; no she is no longer obligated to do those things. I am just saying the things from the relationship aren't as easy to split, money is just the most visible, and almost always the woman walks away with with more than a fair share. Housewife is a tough job, but so is working.
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dancerctry
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11:48 AM on 01/18/2012
In Kobe's case he also cheated, alot. I think (just the personally opinion) if a spouse cheats no matter how long you were together for the cheated on spouse should get half. Something like that might lessen cheating. Less people would marry who weren't ready as well leading to less divorce.
07:03 PM on 01/18/2012
Are you really that naive? You would have to make too many unilateral assumptions for this to fly. She would have to come to the situation with completely clean hands. No sexual bartering, no sex as a weapon/on restriction. And as a Los Angeles resident, her hands are rumored to not be clean. You only reference situations like this because they are convenient. What do you propose for female infidelity where DNA prove different paternity or when child support has been received for another mans child? Women are not virtuous by nature nor are they above altering their approach and availability based on the perceived advantage they stand to gain. It can be as subtle as wearing fake hair, nails, body pads, prosthetic enhancements to faking pregnancies to get their way. The entire socialization of females builds up an automatic acceptance of trickery and lying as the normal way to behave.
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rationaleyes
08:47 AM on 01/18/2012
Every situation is different. Here's a man, married 20 years to a woman who refused to get a job even though he asked her to help financially because he wasn't making enough to support the lifestyle she desired. He did most of the child-rearing and worked 60 hour weeks. She eventually left him AND her daughter for another man and now gets a nice lifetime alimony check from her ex. She STILL has not gotten a fulltime job, instead relying on the alimony and the generosity of the boyfriend. The ex is basically screwed until she dies or remarries. Is this the kind of woman who deserves half? I think not.
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contradiction
Share the luv, money and healthcare.
07:37 PM on 01/18/2012
Sounds to me like husband didn't chose a good partner to begin with. Who can be blamed when you purchase Ford expecting a Jaguar?

But, no, it's not necessarily fair that she gets to continue to receive a portion of husband's monthly earnings.
doc4fitness
curing Progressives one at a time
05:48 AM on 01/18/2012
I got divorced in Louisiana, it is a community property with fault state. I got money, 15,000.... left another 30,000 on the table. Moved to FL, started making a lot more money, didn't feel the legal fight was worth it
04:04 AM on 01/18/2012
"In California, without a prenup, husband and wife must split equally everything that was earned during the marriage."
Reading this part of the article I do think that the short-term husband and wife should get 1/2 of EVERY penny proffitted during the marriage. This would not include any money that 1 spouse brought into the marriage. As far as the "fair share" goes according to California law her fair share would be half of EVERY penny proffitted during the marriage.
03:08 AM on 01/18/2012
I think when you get divorced you should just be divorced, with each person keeping their money without having to give it away. And US women wonder why some men ain't willing to get married.
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Sandi K H H
09:59 AM on 01/18/2012
Define 'their money'. If he worked while she stayed home taking care of him, the home and their kids because that's how they both wanted it, he walks out with everything and she gets nothing? Attitudes like that are why there are community property laws.

Incidently, you migh want to check into what a full time housekeeper, cook and nanny cost these days since you seem to think that what a stay at home wife and mother does has no value. And do ALL women a favor, don't ever marry.
03:02 AM on 01/18/2012
A woman in a rich lifestyle doesn't have to do all the regular things the average house wife has to do. It seems like they mostly go out to expensive lunches, get drunk, and spend all their husbands hard earned money on clothes and what not. Woman married to rich men have nannies, butlers, maids, gardeners, and every other luxury in the world that keeps them from being a real house wife and mother. If they receive a few million bucks they should be happy because that's all they deserve, and their gold digging a$$es knew they would cash out one day.
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01:36 AM on 01/18/2012
Unless they were physically forced, they chose to stay home instead of grow their own professional worth, but then again - would the relationship even last at all?

It's an interesting thought really.
01:00 AM on 01/18/2012
The main thing that should be kept out of divorces is Divorce Attorneys. They do nothng but stir up trouble any way they can. They do so much more harm than good and cause 99% of all problems with any divorce settlement.
02:15 AM on 01/18/2012
Agrfeed. They get the couple to fight so that half their money ends up going to the attorney. I have seen divorces cost more than the people owned. With the money they spent on the attorney, they could have each gone out and purchased everything brand new.
11:31 PM on 01/18/2012
Agreed.

Divorce lawyers at the start of the case ask a client for a full financial disclosure. Then they size up you, your assets and your divorcing spouse's ability to be manipulated.

The divorce lawyers for you and your divorcing spouse then figure out how much they can bill you and your divorcing spouse -- without intending to do much of value.

There is not much that a divorce lawyer can do to affect an outcome, within a settled range. Divorce is not that complicated.

The more experienced divorce lawyers might blather about the bad things that they have seen happen in divorce cases -- to try to manipulate you into thinking that you need them.

Divorce lawyer profit from conflict. One divorce lawyer or the other may try to instigate the most profitable-for-divorce-lawyers conflict -- the so-called custody fight.

In 2012, there is absolutely no reason for there to be a custody fight.

Equal placement should be ordered by default in any case that the divorcing spouses can't agree to an alternative.

But divorce lawyers won't tell you that -- or that they can't do much to change the ultimate outcome in a custody dispute. They don't even know much about children. They just run up fees.

Divorce lawyers get their fees; your children get harm that can be lasting.

The college/orthodontia savings for the children of the divorcing household are converted by the divorce lawyers into legal fees.

It is a bad system.
12:56 AM on 01/18/2012
Women have it made with the courts, even if they are the cheaters or the abusers they still get the kids and the money
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Skydave
12:35 AM on 01/18/2012
It should only be split if both parties contributed, and split according to the contributions. No way it should be split is one is a gold digger (Heather Mills).
02:13 AM on 01/18/2012
Agreed.
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Justin Bowen
12:33 AM on 01/18/2012
You are the reason why I will never get involved with an American-raised woman for the rest of my life. I would rather be single and sexless for the rest of my life than get involved with an American woman.
02:13 AM on 01/18/2012
We are not all that way.
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ratedrstar316
05:37 AM on 01/18/2012
True not all, but for the most part they are.
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Justin Bowen
08:51 AM on 01/18/2012
How can I tell the difference? Even if I ask, how can I tell that someone is being truthful? Again, it's simply not worth it. As far as I'm concerned, every American-raised woman is guilty by association. I can't tell the difference so I'm not going to bother trying.
12:05 AM on 01/18/2012
Mr. Dreamboat.... RUN....
02:12 AM on 01/18/2012
HAHAHA I couldn't agree more.
04:17 AM on 01/18/2012
LOL....too funny! No....she is studying for the bar. Mr. Dreamboat needs to be a stay at home Husband and collect half of her earnings. Let's she if she'll be singing the same tune on Divorce day!
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ratedrstar316
05:41 AM on 01/18/2012
She maybe studing to be a divorce attorney? Then mr dreambaot is in hot water.