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Margaret Pilkington 07-03-2007 19:18

What kind of lifestyle would 20 million pounds buy you?
 
The reason that I ask this question is because the ex wife of the divorced John Charman is expecting to get a 48 million pound divorce settlement......37% of his assets. John Charman feels that this is 'Obscene' as his wife did nothing to build up his business.

The children of this partnership are grown up so it isn't like Beverly Charman has some major expenditure in school fees etcetera.

I have mixed feelings about the situation. I feel that although John Charman feels that his wife did nothing to help him build up his business empire...he was in insurance, by the way....she did give him a stable family home and brought up two children.....so in a way she DID contribute.
However, I could manage quite nicely on just the interest that would accrue from such a vast amount of money....and I think she is being just a bit greedy.
What do you think?

chav1 07-03-2007 19:33

Re: What kind of lifestyle would 20 million pounds buy you?
 
she should get very little, all this keeping a woman in a lifestyle she is accostomed to is insane they will just have to get acostomed to some other level of life style they can afford

she stayed at home and raised the kids well whoopee dooo so dad never did a thing and incidently she could have worked because dad could afford the day care , the rest of the women of this world manage to work and raise children so why couldnt she

teh kids are grown up and shes had a free easy ride but the rides over now so tough luck, if i had that guys money i would set her up in a small terraced house , 20 grand in teh bank then wish her the world of luck and tell her not to ring me ever again

if teh kids were still children as in under 18 then he should pay to put a roof over there head etc but they are grown up and she has no dpendants but herself so she should start learning to look after herself

any particular reason for teh divorce that would warrant a huge payout ?

grego 07-03-2007 19:37

Re: What kind of lifestyle would 20 million pounds buy you?
 
I think if the money was made while they were marrierd then she is entitled, its likely that the reason he did so well was because she backed him and kept things running at home. I think the amount of money is obscene but its likely to be principal and of course what her lawyer has advised, dont forget they will get a percentage.

Margaret Pilkington 07-03-2007 19:37

Re: What kind of lifestyle would 20 million pounds buy you?
 
He already bought her the house...and also one for her parents.
According to reports they both come from humble working class backgrounds...and he made it in the city against major odds.
He also reckons that he stayed with her for 15 years after the marriage disintegrated.......just for the children. He now thinks that this was a major mistake.

Margaret Pilkington 07-03-2007 19:38

Re: What kind of lifestyle would 20 million pounds buy you?
 
In some respects I agree with you Grego......but, hell I would take 20 million and run......and have a very nice life.

chav1 07-03-2007 19:40

Re: What kind of lifestyle would 20 million pounds buy you?
 
with that money you can murder your wife and baffle a jury and still have change in the bank ask OJ simpson

hindsight is a wonderfull thing :D

he seems like a decent guy who has already done more than what most people would , my money is on the reason for the divorce is that his wife is a slutt and she wasnt raising teh kids but banging the pool man while he was at work

grego 07-03-2007 19:41

Re: What kind of lifestyle would 20 million pounds buy you?
 
The houses that he bought will have been taken into consideration for the settlement, the fact that he stayed 15 years longer than he wanted to, why would anybody do that, think I'll have to read the full story.

Margaret Pilkington 07-03-2007 19:41

Re: What kind of lifestyle would 20 million pounds buy you?
 
Yeah the lawyers will be on a very nice payday if the suit comes through......I think most times in a divorce settlement it is only the lawyers who win.

grego 07-03-2007 19:42

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by Margaret Pilkington (Post 394255)
In some respects I agree with you Grego......but, hell I would take 20 million and run......and have a very nice life.

Yes, I agree its more than anyone needs, maybe she also bitter, he's probably run off with a younger women.:)

Margaret Pilkington 07-03-2007 19:43

Re: What kind of lifestyle would 20 million pounds buy you?
 
He says that he stayed for the benefit of the children.....until they were grown up.......he now has a new lady friend and it is this that has precipitated proceedings.......I'm not sure that he will want to rush into a marriage ceremony again......well, not without the benefit of pre-nuptual agreements anyway.

entwisi 07-03-2007 19:44

Re: What kind of lifestyle would 20 million pounds buy you?
 
I would say that she also took the risk that he would go bankrupt just as much as he would be succesful so she is entitled. We don't know what hardships they did go through but they were a partnership in everything that happened from the minute they married till they were legally seperated. IMHO she's entitled to half of all assets accrued from the day of teh wedding to the day they were divorced.

It shouldn't matter if its 20p or 20 million. the value should not cloud the issue.

chav1 07-03-2007 19:45

Re: What kind of lifestyle would 20 million pounds buy you?
 
lol sounds like a severe case of jelousy on teh ex wifes part then

Margaret Pilkington 07-03-2007 19:48

Re: What kind of lifestyle would 20 million pounds buy you?
 
Entwisi....that I expected from the ladies.......I expected the men to side with the guy. As I said in the first post to this thread......I half agree that she should get fair recompense......but I still think that I could live very well on 20 million........you want to be able to have a comfortable life after the man has walked away.....how much is 'comfortable'?

grego 07-03-2007 19:49

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by Margaret Pilkington (Post 394263)
He says that he stayed for the benefit of the children.....until they were grown up.......he now has a new lady friend and it is this that has precipitated proceedings.......I'm not sure that he will want to rush into a marriage ceremony again......well, not without the benefit of pre-nuptual agreements anyway.

I know he says he stayed for the benefit of the children but thats for his benefit too, I'm sure any parent given the chance would stay with their children, I still think she's entitled.

chav1 07-03-2007 19:52

Re: What kind of lifestyle would 20 million pounds buy you?
 
ok ok you lot have twisted my arm..

i would throw in a nice tv for her to watch as well :)

entwisi 07-03-2007 19:53

Re: What kind of lifestyle would 20 million pounds buy you?
 
Margaret, in my opinion, its a partnership. Julie and I share everything. we don't have seperate money or bank accounts or anything. the money goes in a pot and we share whats left. to me thats what a marriage says "with all my worldy goods etc". If you don't mean it don't say it.

grego 07-03-2007 19:55

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by chav1 (Post 394273)
ok ok you lot have twisted my arm..

i would throw in a nice tv for her to watch as well :)

Your so kind:)

chav1 07-03-2007 19:56

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by entwisi (Post 394274)
to me thats what a marriage says "with all my worldy goods etc". If you don't mean it don't say it.


lol who wrote your vows mate i have never heard that one before in all the weddings i have been to

Margaret Pilkington 07-03-2007 20:01

Re: What kind of lifestyle would 20 million pounds buy you?
 
Yes Ian, my hubby and I have a very similar arrangement...and although I didn't take those kind of vows(we had a civil ceremony some 41 years ago) it is implicit that we share everything.
My husband would be the first to tell you that our financial stability over the years has been mainly down to my prudence with money.......and if we split I am sure we would both agree to go right down the middle with everything.

accymel 07-03-2007 20:22

Re: What kind of lifestyle would 20 million pounds buy you?
 
MMMMM when we set down the road of ball & chain promises are made that are soon broken quite easily more so with impending divorce [otherwise be no divorce lol] trouble is can get to point of little being children squabbling over a toy!!

Some people value the material more than the necessities, i walked from my divorce with nothing - x had the house the lot, no payment of maintenance, i got my clothes & kids - thats it! was no point scrapping over that little crap, living our lives again was more important - i started over! Things can be replaced - life/people cant!

Margaret Pilkington 07-03-2007 20:30

Re: What kind of lifestyle would 20 million pounds buy you?
 
Yes, somehwere along the way in this partnership, promises were broken......and in life there are very few guarantees. This woman is not in the first flush of youth, but then neither is she in her dotage....she can still make a very good life for herself at 54....and who is to say that she will not find a better, more supportive partner? With 20 million pounds under her belt she stands a sporting chance.

entwisi 07-03-2007 20:40

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by Margaret Pilkington (Post 394305)
..and who is to say that she will not find a better, more supportive partner? With 20 million pounds under her belt she stands a sporting chance.


Anyone heard from Chav? Last I heard was his front door slamming :D

lindsay ormerod 07-03-2007 20:51

Re: What kind of lifestyle would 20 million pounds buy you?
 
I reckon she is entitled to half of his huge earnings;ever heard the phrase "behind every man is a strong woman" .Well she has contributed to his success by looking after him and his homes,raising his kids and being his partner. Should be a 50/50 split and I would expect the same.

Margaret Pilkington 07-03-2007 20:59

Re: What kind of lifestyle would 20 million pounds buy you?
 
If she got half of what he has earned it would be something like 70 million pounds.

Ianto.W. 07-03-2007 22:07

Re: What kind of lifestyle would 20 million pounds buy you?
 
Why do either of them have access to such obcene amounts of money? What have they done to deserve it, and how much can they take to the other side? The only winners in this situation are the greedy lawyers.Messrs Sue Grabbit And Run.

accymel 07-03-2007 22:09

Re: What kind of lifestyle would 20 million pounds buy you?
 
Some people have more money than sence!! LOL

garinda 07-03-2007 22:49

Re: What kind of lifestyle would 20 million pounds buy you?
 
The law should apply equally, if there is 48 million on the table, or £4.80.

madmal_1 07-03-2007 23:07

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by Margaret Pilkington (Post 394234)
The reason that I ask this question is because the ex wife of the divorced John Charman is expecting to get a 48 million pound divorce settlement......37% of his assets. John Charman feels that this is 'Obscene' as his wife did nothing to build up his business.

The children of this partnership are grown up so it isn't like Beverly Charman has some major expenditure in school fees etcetera.

I have mixed feelings about the situation. I feel that although John Charman feels that his wife did nothing to help him build up his business empire...he was in insurance, by the way....she did give him a stable family home and brought up two children.....so in a way she DID contribute.
However, I could manage quite nicely on just the interest that would accrue from such a vast amount of money....and I think she is being just a bit greedy.
What do you think?

well it wont change my life one bit lol:D :Banane04: :)

cashman 07-03-2007 23:55

Re: What kind of lifestyle would 20 million pounds buy you?
 
should be split 50/50 end of story.

cherokee 08-03-2007 00:03

Re: What kind of lifestyle would 20 million pounds buy you?
 
yep i agree 50/50....

panther 08-03-2007 09:08

Re: What kind of lifestyle would 20 million pounds buy you?
 
20 million would give me a bloody good life:D:D:D

jambutty 09-03-2007 14:42

Re: What kind of lifestyle would 20 million pounds buy you?
 
Divorce settlements will always be a contentious issue but I view it this way.

On marriage both husband and wife had a certain amount of assets. Upon divorce their joint assets would also have a certain value. To my simple mind their individual assets on marriage should be deducted from the group assets on divorce and the balance divided equally between the couple and any children born to them.

Just to clarify. If the man had £100,000 and the woman had £50,000 when they wed and after a period of marriage the total family assets came to £500,000 that would be £350,000 to be shared out.

To answer the title of the thread question – the only change I would make is to get a larger flat or small bungalow with a garage and the wherewithal to hire a gardener to tend to the garden and a housekeeper/cook to keep the flat/bungalow clean and to make me one decent home cooked meal per day. S/he would have to do the washing up as well. So £20m would be wasted on me personally.

However if £20m was forced onto me I would give it all to my 4 children with the instruction that each looks after their own offspring in the way that they see fit.

My son’s wife is an expert horsewoman in training, re-training, breaking in and all that sort of horsey stuff. I know that she would like to own her own stables where she could ply her horsey trade and a riding school. I think that £5m would be enough to realise that dream. And I could have a purpose built fully self contained flat attached to the main building. Well I’m not getting any younger.

mr bean 09-03-2007 14:51

Re: What kind of lifestyle would 20 million pounds buy you?
 
id buy asfc and ivest in the ground and new players

CusCus 09-03-2007 16:48

Re: What kind of lifestyle would 20 million pounds buy you?
 
I've John Charman a couple of times (I work in insewerance too!)

He's a nasty piece of work (according to many :rolleyes: ) and I would chuckle to see him write out some big checks - just on the basis of people I know who used to work for him and some anecdotes I've heard.

However his missus know nowt about insurance and didn't contribute to his business (unless you count making a few canapes for visiting guests to the country pile and shoving her arse in the air to get knocked up)

She's a greedy, nasty spiteful cow (according to many:rolleyes: ) however who just wants to spend her life in Harvey Nicks.


The only people who will win on this are the lawyers.

accymel 09-03-2007 16:51

Re: What kind of lifestyle would 20 million pounds buy you?
 
Money cant buy everything & not necessarily the key to happiness!!:)

chav1 09-03-2007 17:05

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by accymel (Post 395226)
Money cant buy everything & not necessarily the key to happiness!!:)


yeah thats what poor folk say to make up for having nowt lol

accymel 09-03-2007 17:12

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by chav1 (Post 395238)
yeah thats what poor folk say to make up for having nowt lol

Would i want 20 mil in the bank errr nope, ever see that fools & horses episode when they won the mils & got all their material hearts desired - the crux was that they weren't truelly happy heres the line ..... cos the fun was the trying to make it & that they had it there was no fun in it anymore!!

Some people are destined rich spoilt & greedy hearted & me is destined to be poor but hey im prudent with the things i have & rich in other things that money cant buy :D

chav1 09-03-2007 17:14

Re: What kind of lifestyle would 20 million pounds buy you?
 
sory but theres no way in hell i would turn down 20 million , reading all teh begging letters would keep me happy alone , never mnd teh big house , the 500 foot scalectrix in my bedroom amongst many many other gadgets

oh and the hoes :D

accymel 09-03-2007 17:18

Re: What kind of lifestyle would 20 million pounds buy you?
 
:rofl38: are u sure theres going to be enough 'hoes' left for ya Chav :eek::D

chav1 09-03-2007 17:19

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by accymel (Post 395247)
:rofl38: are u sure theres going to be enough 'hoes' left for ya Chav :eek::D

20 million and i can get me some of those that wash :D as well as cut grass :)

accymel 09-03-2007 17:23

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by chav1 (Post 395250)
20 million and i can get me some of those that wash :D as well as cut grass :)

:s_sick: eewwwwwee chav its only just past tea time dont want to re see my tea ta:eek: :D

chav1 09-03-2007 17:26

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by accymel (Post 395254)
:s_sick: eewwwwwee chav its only just past tea time dont want to re see my tea ta:eek: :D


20 million in your acocunt and peopel will clean it up for you

see money does buy happiness :)

accymel 09-03-2007 17:28

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by chav1 (Post 395257)
20 million in your acocunt and peopel will clean it up for you

see money does buy happiness :)

Errrr nooo whether rich or poor theres nowt worse than catchow chunking :(

lancsdave 09-03-2007 17:30

Re: What kind of lifestyle would 20 million pounds buy you?
 
£20 million ? ermmm there's no way I'm giving up my job for a reduction in wages :rolleyes:

accymel 09-03-2007 17:32

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by lancsdave (Post 395261)
£20 million ? ermmm there's no way I'm giving up my job for a reduction in wages :rolleyes:

Was there something u forgot to tell me :rolleyes: :D

Gayle 09-03-2007 17:54

Re: What kind of lifestyle would 20 million pounds buy you?
 
I'd say it should be split half way. The chap is going to continue earning and making more money after the divorce but she will have to live of the interest because she's spent her life looking after house and home for him.

katex 09-03-2007 18:10

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by chav1 (Post 394259)
he seems like a decent guy who has already done more than what most people would , my money is on the reason for the divorce is that his wife is a slutt and she wasnt raising teh kids but banging the pool man while he was at work

Why is it us women are always branded with expletives like 'slut', etc., whilst men are considered a 'stag'. Anyway, nothing to do with the settlement at the end of the day .. sure he was doing plenty of 'banging' if he was only staying in his marriage for the sake of his kids. We will never know the truth of that, will we ?

Not sure about the 50/50 'cause this could affect his business dealings in the future and put it in jeopardy ... 37% sounds sensible to me and best of luck to her .. having to put up with someone who states only stayed for the sake of the kids .. don't believe that for one minute .. he's lying .. probably stayed because it was convenient to him.

Problem is with huge amounts of money, comes responsibility and who knows, she may use it wisely to the benefit of others.

garinda 09-03-2007 18:13

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by katex (Post 395292)
Why is it us women are always branded with expletives like 'slut', etc., whilst men are considered a 'stag'.

Happily things are changing. Most people that know Chav for instance, would label him a slut, rather than the more traditional stag/stud.:D

katex 09-03-2007 18:18

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by garinda (Post 395293)
Happily things are changing. Most people that know Chav for instance, would label him a slut, rather than the more traditional stag/stud.:D

Oh yeh, course ... forgot that evolutionary change in the English Language .... Chav does have his citizens contributions to our vocabulary, doesn't he :D

flashy 09-03-2007 18:35

Re: What kind of lifestyle would 20 million pounds buy you?
 
to be quite honest i wouldnt want that sort of money, i'm happy with my life as it is :)

Margaret Pilkington 09-03-2007 21:17

Re: What kind of lifestyle would 20 million pounds buy you?
 
On what she was offered (20 million) she would be comfortable just living off the interest....which I am told would be £500,000 per annum.
If I were the children of this pair I would despise him for wanting to dupe my mother out of what is rightly hers........and I would deplore her greed for not taking the 20 million. Definitely not a good situation, and as a lot of you have said....the only real winners her are the lawyers.

Ianto.W. 09-03-2007 23:40

Re: What kind of lifestyle would 20 million pounds buy you?
 
If either of them are going to keep worrying about who gets the most money out of this shambles, the only thing either of them are going to get is a short life.

garinda 09-03-2007 23:46

Re: What kind of lifestyle would 20 million pounds buy you?
 
No matter what the amount I still think the principle should be the same, it should be divided equally.

As others have said, either amount is still more than either can spend in a life time.

Let them carry on bickering. One thing's for sure, whatever the outcome they'll be just like the rest of us...unable to take it with them when they're dead!

CusCus 14-03-2007 13:04

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by Gayle (Post 395278)
I'd say it should be split half way. The chap is going to continue earning and making more money after the divorce but she will have to live of the interest because she's spent her life looking after house and home for him.

would be fine except for the facts that she hasn't been looking after him for about 20 years and the home since they employed a load of staff to do that for them.

"golddigger" of the finest order

entwisi 14-03-2007 13:39

Re: What kind of lifestyle would 20 million pounds buy you?
 
I think you'll find that teh ex Mrs Abramovic is taking that title now :D

(Actually I reckon as sasi already that it should be 50/50)

grannyclaret 14-03-2007 13:46

Re: What kind of lifestyle would 20 million pounds buy you?
 
What kind of lifestyle would 20 million pounds buy you?


I would go on a round the world cruise on the Aurora ,,then i would come back home and realise that " the love of money is the root of all evil" but hey you can dream cant you...

WillowTheWhisp 14-03-2007 14:40

Re: What kind of lifestyle would 20 million pounds buy you?
 
In answer to the actual question - I would buy a lovely big villa in Tunisia that I've fallen in love with. I'd use it for hols whilst the kid are still at school then I would spend 3 winter months out there ( 3 months is max visitor visa status) and 9 months back here until kids are married and settled - then apply for resident status over there. I's probably still have all my capital left and just live off the interest. Maybe Busman could start his own tour company as a hobby. :D

On the subject of who is entitled to what in a divorce I think Jambutty's is the fairest way
Quote:

On marriage both husband and wife had a certain amount of assets. Upon divorce their joint assets would also have a certain value. To my simple mind their individual assets on marriage should be deducted from the group assets on divorce and the balance divided equally between the couple and any children born to them.
"With all my worldy goods I thee endow" is part of the standard marriage service. It comes after, "with my body I thee worship"

Neil 14-03-2007 18:05

Re: What kind of lifestyle would 20 million pounds buy you?
 
He will still have more money that he should ever need so why is he moaning?

grego 14-03-2007 18:25

Re: What kind of lifestyle would 20 million pounds buy you?
 
I dont agree that she's a Golddigger, they had nowt when they married, its more likely to be a principal thing.

SPUGGIE J 14-03-2007 18:26

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by Neil (Post 397598)
He will still have more money that he should ever need so why is he moaning?


Because its his and his alone in his eyes.

grego 14-03-2007 18:27

Re: What kind of lifestyle would 20 million pounds buy you?
 
Quote:

Originally Posted by SPUGGIE J (Post 397603)
Because its his and his alone in his eyes.

Selfish git!:D

SPUGGIE J 14-03-2007 18:55

Re: What kind of lifestyle would 20 million pounds buy you?
 
It may be seen as selffish but sadley thats how blinkered he and others like him are. People seem to forget that in some cases women are unpaid workers, just ask mothers.


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