Divorce payments have been known to bring people to their knees. Losing 40% of your net worth tends to have that impact on people. Celebrity divorce settlements draw much attention because of headline grabbing dollar amounts:
- Michael Douglas – $45 Million
- Steven Spielberg – $100 Million
- Craig McCaw – $460 Million
These amounts are staggering even for the ultra rich. For a person living a regular lifestyle that 50% hit can mean the difference between having a place to stay and living with your mother.
There has to be a point when the payout is too much. What is that point?
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