Posted on 12/19/2009 12:09:03 PM PST by Steelfish
Elin Nordegren Could Be Paid More Than $50 Million Extra For Sticking With Tiger Woods The wife of Tiger Woods will miss out on more than $50 million if she pursues a legal split because of his string of affairs, top American divorce lawyers have revealed.
By Philip Sherwell in New York 19 Dec 2009
Raoul Felder, a celebrity divorce attorney whose client roster has included the former wives of Martin Scorsese and Tom Clancy, said that Elin Nordegren would be "financially ill-advised" to walk out on the philandering golfer for good.
Miss Nordegren, 29, was widely reported last week to be "100 per cent" set on a divorce and in line to receive in excess of $100 million in one of sport's most expensive separations.
But Mr Felder said that if she divorced her husband now, she would only be entitled under Florida law to the sum agreed in the prenuptial agreement before the couple married in 2004 – believed to be $20 million. Woods would also have to pay child support for their two-year-old daughter and baby son.
By contrast, her legal team started negotiating a lucrative postnuptial deal just days after the sex scandal surrounding her husband erupted three weeks ago. Lawyers familiar with the talks said she could be paid up to an additional $55 million to remain with Woods, 33, for just two more years – a figure that may well have risen further as up to 14 alleged mistresses emerged.
(Excerpt) Read more at telegraph.co.uk ...
I think you are exactly right. What’s another 25% more than “more money than you’ll ever need” worth? Staying married to a crawling creep? NO WAI.
What is the current price or going rate for a person’s soul? Or is a soul priceless?
Florida law? The ill-fated couple have a home in California, too. The soon to be ex-Mrs. Woods has already hired a high powered divorce attorney in The Golden State......she’ll get a much better pay-off in California and she knows it.
Having a home in California won’t cut it. They need to be CA “residents” and that they are not.
I don’t know that his earning power is diminished permanently.. but.
Elin needs to weigh what she is willing to put up with to take a risk that affects the rest of her family..
Ask the house and the senate. They know.
What’s the point of any legal agreement if the courts can nullify it after the fact?
$55 mil for two years. I’d say that’s the most expensive hooker ever. Plus, he probably won’t be getting any.
I think she’s got her eyes on more than a mere $50 million, hence her exploring filing for divorce in California.
Validity depends on the laws governing pre-nuptial agreements. California's laws strictly control what a pre-nup can and can't protect. Since Tiger was dumb enough to buy a house in that state then she's got a chance to try for divorce where the laws favor her over the legal agreement.
Woods owns a house in California. He's lived in California. He's paid California taxes on winnings earned in the state. A person can be considered a California resident if they are outside California for a "temporary or transitory" purpose but still maintain a domicile in the state. The definition of 'temporary or transitory' is open to interpretation, and you can count on her divorce lawyer to take full advantage of that gray area.
Don't discount the revenge factor. She may be pissed enough to want to hurt him in the only way that matters - take him to the financial cleaners.
Fifty million and climbing rapidly.
Well, you can have him, I don’t want him,
He didn’t love me anyway.
He only wanted someone to play with
But all I wanted was love to stay.
Well, you get stuck with the wrong man
There’s only one thing that you can do:
Just dig a hole and jump right in it,
And pull the ground right over you.
If Elie’s going to make a break, she should best make it a clean break. Divorce is a firm statement. Staying married for money would cheapen her position - in some ways she would be the same as Tiger’s mistresses.
She should have no trouble finding another mate.....can’t say the same about Magic Johnson’s ex.
an attorney is incapable of comprehending the concept of principal over money
It means continuing to be married to him, when she could be free. And it wouldn't impoverish him - he has plenty - it would just lower her to the level of the whores he's been spending his time with.
Take your contract payout, Elin, take your kids, walk away and don't look back. There's a decent life out there.
True, but the have not tried this case yet.
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