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The True Cost Of An Affair

The True Cost Of An Affair

It seems there is a constant flow of highly public celebrity divorces recently, each of which being splashed across newspapers for all to see and judge. Often the divorces come about after an affair has taken place, the settlements are often very interesting to hear about as more than the average person’s lifetime earnings are often involved.

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

With the divorce settlement of Tiger Woods is said to be somewhere in the region of $100 million dollars questions as to whether an affair is ever worth it are bound to be raised.

Earlier reports suggested that Woods’ wife Elin would be entitled to a settlement reaching the sum of around three quarters of a billion dollars but reports have since dismissed the claims. Woods is thought to be worth $600 million dollars and often divorce settlements involve splitting everything down the middle so some may suggest he has got off lightly.

Woods has properties in both Florida and California and it is believed he and his wife are following Florida state law as there is no income state tax in Florida.

Experts have suggested that if Woods and Nordgren had filed for divorce under Californian law Nordgren would have been likely to receive more of an entitlement due to California being community property state.

Woods’ children will also have to be factored into the settlement and it is believed that his estranged wife will be granted custody of the two children with Woods having visitation rights. Woods is not expected to push for sole custody.

The monetary cost of a mistake like an extra marital affair is certainly something these high powered, wealthy celebrities should consider beforehand. Divorces can be complicated and factors such as children can mean the process takes longer.

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.

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