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Wife suing for aliment ....how much will she get?
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Working on the 50/50 split of remaining funds it hardly seems fair as the business is a separate entity.
Why do you feel the business should be regarded as seperate to any other marital asset ? It is usual that all assets are considered jointly-are there special circumstances that make the business different to any other asset within the marriage ?I Would Rather Climb A Mountain Than Crawl Into A Hole
MSE Florida wedding .....no problem0 -
Are people actually reading OP's posts?
He has already said that he is paying child maintenance from his savings account.
He is actually asking how much spousal maintenance he may have to pay to his wife, not his child. His child is his responsibility, he is accepting this and providing for his child financially, his wife is not his responsibility and she is more than able as an adult to provide for herself financially instead of relying on someone elses wage.
Reading the posts, it appears that in Scotland, his wife is legally his responsibility and he's seeking to cook the books to avoid this legal obligation.I could dream to wide extremes, I could do or die: I could yawn and be withdrawn and watch the world go by.Yup you are officially Rock n Roll
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Is there any reason why you're paying spousal maintenance as it isn't very common theses days?0
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No I didn't support my ex prior to our separation. She had her own salary and earned double what I did.
Im not saying Im not supporting my child I always have done and always will.
The danger of posting such a sensitive question is that you get other ex wives etc having a rant.
Thanks Happy MJ for your constructive answer and sticking to the question in hand.
So to limit liability I should draw more from the business and account for the spending in legitimate ways?
Working on the 50/50 split of remaining funds it hardly seems fair as the business is a separate entity.
If I've misinterpreted your reasoning, I apologise for my earlier post.
My understanding of the situation in Scotland would be that if you didn't support your ex, and in fact she earned more than you, you wouldn't be required to pay anything for her.
I'm not an expert so may have got this wrong, but feeling guilty after my earlier post I looked it up.. . .I did not speak out
Then they came for me
And there was no one left
To speak out for me..
Martin Niemoller0 -
As she earns double what you used to it may well be that she will need to pay you money!!0
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If your wife earns more than you, then why on earth is she even attempting to gain spousal maintenance? That is pure greed.
I noticed OP used the past tense ...that she earned (past tense) double.....not that she earns this now -so could refer to before the split or even before the child was born.I Would Rather Climb A Mountain Than Crawl Into A Hole
MSE Florida wedding .....no problem0 -
I would also like to point out that my ex has just turned down a £70K per annum job.
We are not talking about a destitute abandoned wife and child here. Both are living very well and have no financial issues whatsoever.
A company director can draw a salary taking all or some of the businesses revenue.
Im new to being a Director but would really like to make the business work. My question is in order for me to gauge if its actually worth me trying to build a business at this time in my life.0 -
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Without knowing the turnover, profits, sustainability etc how on earth would you expect people to know ?I Would Rather Climb A Mountain Than Crawl Into A Hole
MSE Florida wedding .....no problem0
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