Just days after being inaugurated as the 47th President of the United States, Donald Trump is shaking up the nation’s divorce laws. One of the first major changes he is pushing involves the controversial 50% property share that often comes with divorce settlements, especially in high-net-worth marriages. “Just because you marry a rich man doesn’t mean you deserve half of his wealth after a divorce,” Trump declared, making it clear that he wants to end what he calls a “lucrative business” for women seeking large settlements post-divorce.
Trump’s new law aims to limit what women can receive in divorce settlements. Under the new rules, if a woman divorces a wealthy man, she could potentially receive a loan of up to $1 million—if she can offer collateral. According to Trump, this move is to prevent the automatic windfall for women after a marriage ends. “If I’m worth $50 million, I’m not going to give you $25 million after divorce. I worked hard for my money, and I don’t believe just because someone marries someone successful, they should leave with half,” he said.
While this change has caused a stir, Trump’s goal is to address what he sees as an unfair practice where men are often left financially vulnerable. “Even if you’ve been married for 6 years, 25 years, or have children, the law should not automatically favor the woman,” Trump emphasized. If a woman struggles financially after a divorce, he suggested, she can borrow up to $1 million from her ex, with appropriate collateral in place.
The new law is a clear message from the President to reform what he believes is a broken system, and it sets a bold tone for his presidency.
