01 July 2014

Relationship property: Jack v. Jack

Having given up her own career to support her husband in his career as a medical specialist, a former nurse was awarded seventy per cent of their net assets after their 26 year relationship came to an end.  The extra payment over and above her statutory entitlement to fifty per cent of relationship net assets amounted, in dollar terms, to thirty per cent of her husband’s current annual income.
A departure from the 50/50 rule in the Property (Relationships) Act is allowed where the division of functions within a family enhances the income-earning potential of one while reducing that of the other.  Any division of functions must be a real and substantial cause of the economic disparity.
The Jacks met in 1982 when Mr Jack was earning $100,000 a year as a registrar at Waikato Hospital.  She was a single mother caring for a three year old daughter while working as an enrolled theatre nurse.  The High Court was told she sold her flat and investment property in Hamilton and put the net proceeds of $40,000 towards a home in the capital when the family moved to Wellington.  Over the subsequent two decades, two sons were born and the family lived variously in Sydney, London, Norwich and back in Wellington as Mr Jack advanced his specialist medical skills.  After initially continuing to work part-time, Mrs Jack then concentrated on supporting her husband’s demanding career.  In her words: he did not have to come home and cook a meal; he did not have to tend to the childrens’ daily needs, make lunches, attend school functions or arrange play dates; he seldom attended their sporting commitments.  When the couple’s relationship came to an end in December 2008, net relationship assets amounted to $1.9 million.  Over the previous five years, Mr Jack’s annual income ranged from $800,300 to $1.06 million per year.
In the High Court, Justice Goddard ruled that Mrs Jack’s role in the home justified a departure from the usual 50/50 rule for the division of relationship property.  Her support for her husband while he studied for his specialist exams, her role as a homemaker and primary caregiver for the children while he established his practice, and her assistance with his networking and at times in his practice all provided a foundation for his successful career.
She said Mrs Jack sacrificed the opportunity to advance her own career as a nurse as a result of her role at home.  After separating she found work as a receptionist earning just over $25,000 a year.  Justice Goddard said Mrs Jack should not be criticised for not attempting to requalify as a nurse after the marriage came to an end.  Her lack of recent experience would count against her.
Jack v. Jack – High Court (1.07.14)
14.033