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

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Husband must pay wife R2m in divorce settlement then R88 000 a month maintenance
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TOP STORY: Divorce is costly and ensuring that the estranged spouse continues to live the same lifestyle as before the break-up can eat into your pocket, a Johannesburg banking executive has discovered. divorce maintenance costly

The husband at first claimed his income was just under R100 000 per month, but his financial disclosures revealed a true net income of just under R7 million in the last financial year.

His financial disclosures estimated his net worth at just over R40 million. In his own version, his average monthly cash income was at least R300 000, it was said. The wife wants maintenance of R46 123.69 a month for herself and R21 289.31 a month for each child. She also wanted an order directing the husband to continue to meet the children’s educational and medical costs.

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