Posted on 12/21/2009 5:51:26 PM PST by Steelfish
Tiger Woods and Wife: If They Split, How To Divide? Talk of divorce arises in Tiger Woods' crisis, in which riches and child custody issues could be at stake.
By Jim Peltz and Carol J. Williams December 18, 2009
(snip) Woods and his wife reportedly entered into a prenuptial agreement before their 2004 wedding in Barbados, the terms of which could influence a divorce court's decision about property division.
There already had been unconfirmed reports that Nordegren was attempting to renegotiate the agreement.
"Prenups can be challenged, but usually the vulnerability of a prenup will be procedural," such as whether the wife "didn't have reasonably good information when she signed it," said USC family law professor Scott Altman. "That seems unlikely."
But it's also unlikely that Woods' recent admission of infidelity would violate the agreement, he said.
"Not unless the prenup says infidelity would set aside some of its terms," Altman said. "In the absence of that, infidelity during the course of the marriage would not be relevant to the enforceability of a prenup."
As residents of Florida, Woods and Nordegren would be subject to that state's practices in the division of marital property should they file for divorce, conditions likely to result in an "equitable" distribution of assets rather than an equal one, said Stanford University family law professor Richard Banks.
"What happens in separate property states when a couple divorces is that the court applies what is known as an equitable distribution principle," he said.
"You have to divide the assets equitably, but that doesn't necessarily mean equally," he said. "In fact, the greater the pot of money, the less likely a court is to split it evenly."
[Continued]
(Excerpt) Read more at latimes.com ...
Woods and his wife earlier lived in California and could arguably file for divorce here if they still own property, giving the golfer an opportunity to "forum-shop" for a court likely to protect more of his assets.
"But the default rules in California are much less favorable for him, as the presumption is a split down the middle," Banks said.
She should honor her prenup.
Frankly it is not of our business! It is a very personal thing for the two of them!
I just hope it will all work out! And I think we will see him again on the golf links some day in the future! A sadder and wiser man!
I think its a legal issue and hence is a matter of public concern for future couples (not private matters about how they relate to each other etc)
Woods and his wife earlier lived in California and could arguably file for divorce here if they still own property, giving the golfer an opportunity to “forum-shop” for a court likely to protect more of his assets.
My guess is that neither one are residents of CA at this time. If not then it takes 6 months to establish residence which as I understand it necessary to file for divorce in CA. I maybe wrong as this is something I read somewhere over the last week or so.
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He is obviously thumbing his nose at his wife now -
I imagine she is going top drawer in her selection of divorce attorneys -
Talk about going down fast in flames -
Tiger is burning cash faster than Obama is -
My guess is that Tiger will opt for the former and write the ex- wife a check for 400 mil.
[He is obviously thumbing his nose at his wife now ]
Lol, he’s been thumbing something at her for years now. I read a week ago that she had hired the ‘top’ Hollywood lawyer. But news seemed to change daily, she bought a house on an island, then she was going to stay, etc, etc.
Wonder how many millions he spent keeping some things quiet..
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It does appear that Woods is a tad low on brain cells
His positive ratings are about those of the US Congress
Maybe a bit more schooling and less golfing would have been a help to him.
I’ve read his dad was a womanizer, so a son might follow that trend.
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The untouchable attitude
Like Obama’s arrogance
The Bonfire of the Idiots
I guess so. Wealthy, powerful people seem to get that way.
You mean it’s private between the 16 of them.
We kinda already know. He really likes sleeping around with hookers, porn stars and any other females, and maybe he likes popping pills too. His image can’t be damaged much more.
I don’t like to see golddigging, her 20 mil is enough for here to live in the lap of luxury for the rest of her life.
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He would never have been signed for that 90% of a billion in product endorsements if she had not married him and given him the regular straight family guy image
He should have honored his nuptials and he wouldn’t be in this mess.
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What an enormous crock of s(&^.
He was signed for his golf excellence and his personality.
He could have married ANYBODY.
She deserves what is in the prenup and nothing more.
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