Tuesday 15 March 2016

“Conventional housewife” leaves court with 90% of the family fortune.

A stay at home Mum who was criticised by her ex-husband for not bringing in more money after they split has been granted nearly all the family fortune by divorce judge.  Mrs Morris had previously quit her job as a recruitment consultant to stay at home and bring up their three children for 20 years.

The couple’s spending - described as “extravagant” both during and after their marriage break up, meant that their multi million pound family assets were reduced to £560,000.

As the Telegraph reports “Mrs Morris, who was praised by divorce judge, Glen Brasse, as having been a "competent and effective operator" during her pre-marriage career, "stayed at home to look after the home and care for the children by agreement with her husband."

Mr Morris’s lifestyle "continued as a very affluent affair", mounting up huge debts after taking up to six holidays in the space of just nine months.  Judge Brasse pointed to Mr Morris’s substantially larger earning capacity into the future and ruled that “only enough money remained in the pot to meet the core housing and day-to-day needs of the wife and children.”  Thus awarded almost half a million pounds to Mrs Morris, whilst giving Mr Morris £66,000.


The full story can be read in the Telegraph here.