Husband must pay wife R2m in divorce settlement then R88 000 a month maintenance

TelkomUseless

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Lol...R21k per child per month. I'd love to know how this is all broken down! Seems bloody exhorbitant!
I have to agree here. What is her contribution towards the kids?

R88k a month? He must be earning huge amount of ZAR.

edit :R100 000 per month, but his financial disclosures revealed a true net income of just under R7 million in the last financial year.

He earns 7 Bar a year... wow nice!
 

TelkomUseless

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Apparently he’s true net income for last year was just under 7 million, so we can safely assume at least 540K per month. Needless to say, the guy doesn’t sleep hungry at night.
Yea.. just read that. 88k is going to be nothing for him.
 

rh1

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The judge is an idiot. What is reasonable and what is excessive can be easily determined.

Just because he can afford it, does not make it reasonable, all we are saying as a country is that we dont like entrepreneurship and succesful men.

Even at R30k pm. Plus rent, school fees and medical etc. She will still have a better lifestyle than most South Africans.
 

TelkomUseless

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The judge is an idiot. What is reasonable and what is excessive can be easily determined.

Just because he can afford it, does not make it reasonable, all we are saying as a country is that we dont like entrepreneurship and succesful men.

Even at R30k pm. Plus rent, school fees and medical etc. She will still have a better lifestyle than most South Africans.

Getting married is a crazy gamble game dude. You want to be fcked over as a guy ? Get married. Courts will fck you hard. Add children to the mix ... hahahaha. You will pray for it to end.

Source: Divorced.
 
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rh1

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I have to agree here. What is her contribution towards the kids?

R88k a month? He must be earning huge amount of ZAR.



He earns 7 Bar a year... wow nice!
The problem is with this approach, is that, that could have been the year he decided to excercise options, which temporarily increased his income, but he could just be earning R2m p.a and after tax, coming home with R100k -R150k nett p.m. If the former, it going to be tight.
 

TelkomUseless

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The problem is with this approach, is that, that could have been the year he decided to excercise options, which temporarily increased his income, but he could just be earning R2m p.a and after tax, coming home with R100k -R150k nett p.m. If the former, it going to be tight.
Read my prev post. Divorce and you have a penis ? You are fcked. Courts don't give a f0ck about you. (Like you mention he might have excercise his option, temporary inflating... they don't give a hoot)
 

RanzB

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If anyone is interested, here is the written judgment:



Mr. C is a senior banking executive. He is coy about his wealth, but there is little doubt that he has a substantial income. This is made up, in the main, from annual bonuses and investments. While Ms. van Aswegen emphasised his net basic salary in argument (which is just under R100 000 per month), Mr. C’s financial disclosures reveal a true net income of just under R7 million in the last financial year. Those disclosures seek to emphasise that, of this, there is only a R4 million “cash component”, but the fact remains that Mr. C is a man of considerable resources. His financial disclosures estimate his net worth at just over R40 million. On his own version, Mr. C’s average monthly cash income is at least R300 000.

He'll be fine.
 
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