UPI.com and many other news agencies report that the former wife of Tiger Woods, Elin Nordegren, has purchased a mansion in Palm Beach for $12 million. Reportedly, the home is 17,000 square feet and built in 1932. You can see a photo of the mansion here. It is a part of the divorce settlement that Ms. Nordegren received which has been estimated to be in the range of $100 million to $200 million. The settlement is private and confidential however the estimates are fairly accurate as Mr. Wood's marital estate was fairly well known. This blog posted many articles as to the Woods' divorce; correctly assessing how much Ms. Nordegren would receive by way of child support, spousal support and/or property division.
As a San Diego Certified Family Law Specialist attorney my office in La Jolla (UTC area) handles many child custody cases and, related to the Woods' divorce, child custody move away cases. A move away, or child custody relocation case, is defined and connected to a significant amount of California law including the reported decisions of two California Supreme Court cases. The law defines whether a parent has the right to relocate to another geographic area with a child or children or the marriage. Further, the law defines whether the other parent has the rights to keep the child or children from relocating with the moving parent. This blog posted an article as to the Woods' divorce predicting that Ms. Nordegren would be successful in asserting her right to relocate with the children back to her home country Sweden.
Evidently, Mr. Woods and his attorney came to the same conclusion that I did as to the move away issue. The following is my educated guess as to how Mr. Woods resolved the case: He assertively moved forward with a generous monetary settlement. His wealth was identifiable so he openly offered a quick and substantial settlement to his wife with (likely) a provision as to his visitation. Reportedly, this settlement included the Palm Beach mansion which is geographically located near to Mr. Woods' residence.