[Mark021]

Hi Joe,

Regarding the divorce there are a lot of considerations.... walking away is probably not going to work.

Attorney's for this will cost an arm and a leg but it may be worth it to get one on retainer. If he has $10K hiding anywhere I would recommend he use it now to get a good one, I can make some calls if you like if he's in Socal.

She's never worked.... not a good thing for him. She's sick... not a good thing for him. Negative assets won't hurt him any worse than her, it just takes away bargaining chips, kids are grown so he's clear there.

The emotional baggage is the hardest thing to measure on these. The long term financial exposure is the easiest and why he needs a good attorney that deals with the long-term economics and not just the immediate liquidation of the partnership.

Given his current income level and not knowing his anticipated one I would think that he could move forward cautiously. The first five years are going to be the hardest financially and emotionally... guys in these situations often have a huge amount of guilt associated with what they are trying to do that rears it's head after they leave and why it's probably best to have a more moderate extraction plan in place that allows him to do so gracefully and with dignity.

Get her into rehab, liquidate and put her on a modest stipend with a deadline and start focusing on the future again.... difficult but doable.