CASH SETTLEMENT? There’s no way I would ever have settled. She can be dragged to court to lose and not get a dime. Abandoned her 4 kids and banker husband that I’m sure provided for her for years and years. LOL no way. If I lost the money would be lost, everything would have been. Just to spite this evil stupid woman messing with her families lives like that.
It would be worth the cash to not have to see her in court. A case like this would drag out for years.
I would kiss the check freed me from that train wreck.
He’s a banker and had the cash to toss a bone to her and move on with his house and full custody of his children. $85,000 covered her legal expenses. It was a good deal for him that he did not have to give her at least half of his assets and shared custody.
$85K is CHEAP to make a case like this go away. Especially for an upper middle class banker. She got just enough to pay her lawyers, who figured they would likely lose.
It is the quickest and easiest way out. He settled which meant he went for “no fault”. If he had gone for fault the divorce alone would have probably cost 30K then when custody hearing’s set in another 30-40K. Then she would have circled back on the divorce, then back to custody. It is a tactic used by divorce court attorneys (and usually only benefits directly the attorney of the spouse being divorced). It was cheaper paying out the 85K and retaining custody with far less stress and less time in court. The man and his kids can now move on in life.
I had next to nothing in assets when I was going through divorce after my former spouse ran her course. I was advised by two separate attorneys not to fight. The simple question was asked “Does it mean more for you and your kids to live together in your home and move on as quickly as possible or do you want to fight this out and bankrupt yourself?”. Given that context, it was easier buying her out and enjoying life with my kids and her nowhere around.