Tuesday, November 19, 2013

Do you believe him? Scot Young on the Rack

Britain's most acrimonious divorce continues.

Scot Young is facing some tough questions.

Is he bankrupt or is he a liar hiding vast wealth?

Whatever he appears too clever for his own good.

As reported in the The Telegraph he is facing this interrogation due to financial irregularities.

What is unusual:

1. He owes people vast sums of money but they are supporting him financially.

2. Seems odd that they don't therefore lend or give him some money for legal representation.

3. He is accused of faking his own bankruptcy.

4. His wife has uncovered what appears confidential documents and  is able to rely on them.

5. He gave his daughter an old laptop. Even if he was broke this does not make sense. 

6.  His business connections and friends are being made to give evidence.

His wife is prepared to settle for £300 million and her legal fees paid. Is that a touch greedy maybe? What message does this case give to wealthy individuals contemplating marriage? 

How will they extract the money from Mr Young even if he is found to be lying? He has already shown that he is prepared to go to prison.

What if he is not lying?  How will his wife's lawyers get paid? Not sure anyone will be worrying about them but the whole case appears a gamble from both sides.

Monday, November 11, 2013

Not Bad Enough to Leave, Not Good Enough to Stay?

Some people live in relationship limboland for years. They can't decide whether to leave or stay. Their relationship is tired, they may argue, they may live separate lives, however they avoid change. Why?

Reasons people stay in relationships that are not working:

1. Fear of change.

2. Fear of loneliness.

3. Fear of the unknown.

4. Loss - of money, family, friends and social life and the life that they know.

Reasons people don't try to improve relationships that are not working:

1. Anger

2. Resentment

3. Laziness

4. Pessimism

5. Fear of change

There is a report in The Telegraph that states that divorce and separation costs the country £50 billion per annum. There is a suggestion that the government should set up a national relationship strategy, what ever that means.

In order to save money and potentially help people make an informed choice I suggest the following:

1. Make divorce easy and remove the seven step antiquated procedure and instead offer divorce on the ground that one party wants to divorce.

2. Make every couple attend one session with a relate counselor before filing the petition. Free to everyone.

Counselors do not tell people what to do, they do not tell people to leave, they do not tell people to stay in unhappy relationships. A good counselor will help people uncover whether their relationship is worth saving or whether it is over.