The Family Court was asked to consider the distribution of matrimonial assets in a 20 year marriage. The husband had been the primary bread winner and the wife was the primary home maker. They had two children and a relatively small asset pool of about $400,000.
In what would otherwise have been a 50/50 distribution between them soon turned into a 75/25 split in the wife’s favour.
The court accepted that the husband had wasted money on gambling and associated spending on alcohol and food during the course of the marriage. For that the Court made an adjustment of 5% in favour of the wife.
The Judge made a further adjustment of 20% in favour of the wife because:
It is surprising how often I hear clients tell me “… and I think half and half is fair”. Most times it is unfair.