The True Cost Of An Affair

The True Cost Of An Affair

In recent times it seems hardly a week goes by without another celebrity divorce scandal being splashed on the front of the newspapers. The divorces seem to usually stem from one partner having an affair and reading details of the settlement is often the most intriguing part of the articles written about them.

One key example of somebody recently thrust under the spotlight due to an affair and now literally paying the consequences is Tiger Woods.

With leaked details of the divorce settlement suggesting that Woods’ wife Elin will receive a fortune of $100 million dollars the true cost of having an extra marital affair is highlighted.

Originally it was thought that the settlement would be worth around three quarters of a billion dollars but this has since been slated as being wide of the mark. Woods is worth 600 million dollars and bearing in mind often settlements entail splitting everything down the middle he looks to have gotten off lightly.

Woods and his wife have houses in California and Florida and as they are said to be following Florida law as there is no state income tax in Florida.

It has however been pointed out that if the former couple would have filed for divorce in California Elin would have been likely to receive more as California is a community property state.

The children will also need to be considered and it is expected that Woods’ wife Elin will get custody of the children with Woods having visiting rights. It is not expected that Woods would attempt to obtain primary custody of the children.

The massive cost Woods has suffered as a result of having an extra marital affair is plain to see. Divorce settlements are often very long winded and can be complicated by a number of things- children being one of them.

For a professional divorce solicitor cheshire look no further than O’Neill Morgan. For a family law specialist stockport contact O’Neill Morgan who can help with all aspects of divorce.

Published by: Clare Westwood on July 11th, 2010 | Filed under Legal



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