Many women find themselves in a marriage or de facto relationship where they enjoy a high standard of living, but have no control over the family finances. These women often have no idea about their partner’s income, share holdings, superannuation, business or trust structures.
In some high-income families, control of the household finances is one of the most powerful ways that men maintain power over their partners. Many women in this situation are totally reliant on their partners for even the most basic necessities – although some may work part-time or hold professional positions.
This kind of control can make it extremely difficult for women to leave their relationship, let alone negotiate a fair property settlement. And if there are children involved, it makes the situation even more
complicated.
However, the right kind of information and support not only gives women a better understanding of their options, but also shows them how to unravel the complexities of their household finances and ultimately access what is rightfully theirs.
High Income Families, Separation and Domestic Abuse
December 30, 2009
