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Monaco is actually pretty biased against women in its divorce laws (I think alimony is capped at $100k per annum). There's a reason a lot of rich folks go to Mo
by fakedang 6y ago
Monaco is actually pretty biased against women in its divorce laws (I think alimony is capped at $100k per annum). There's a reason a lot of rich folks go to Monaco to surprise their spouses with a divorce. Now imagine if you were someone like MacKenzie Scott, who was actively involved with Amazon's founding. While her settlement with Jeff was quite generous on his part, in a Monaco divorce, she would have gotten maybe a mil or two tops. Monaco is in no way holistic when it comes to divorce, just a magnet for boomer millionaires and billionaires.
- vmception 6y ago> Monaco is actually pretty biased against women in its divorce laws Monegasque divorce laws are not gendered and there are plenty of wealthy women in Monaco. Alimony also has a fixed time period of 5 years. What part of that do you find controversial as opposed to practical? Its more like generous severance as opposed to a perhaps merely more familiar concept of alimony. This would give the liberty for MacKenzie, for example, to be sure that she got her own vesting agreements and her own shares in the organization they founded together. It moves the agency back to the individuals as opposed to assuming they are going to be starry eyed infants that are going to get screwed over. If people want to decouple marriage from any financial considerations, this is the way to do it, focus on the love. If they want to be business partners then write them into the separate business. If they want to have their supporting unpaid labor valued, then their moonlighting as a personal assistant is valued in the six figure ranges just like professionals.
- robocat 6y ago> Monaco is actually pretty biased against women in its divorce laws I presume the laws also equally help a rich woman, and are “biased” against a toyboy husband?