Posted on 07/26/2004 10:37:17 AM PDT by UnklGene
acccept 1/2 in a lump sum and pay the taxes all at once."
I just ran the numbers. They're charging 8% interest. You've got to be a fool to take the lump sum calculated at their interest rate. At 5% interest he would get 63% of the million instead of half.
>So, how'd I do?
With credentials like that, Kerry's going to appoint you to the Supreme Court...
>If he caught her in bed with someone else, why did he lose
>everything?
No fault divorce laws at work. A woman can marry a man, be a serial adulterer, file for divorce, and still take at least half of what he owns. In an "equitable distribution" state, it can be much more than half.
I think his mom got runned over by a danged ol' train.
She will claim that they were "her" numbers, too, that they had been playing every week for several years.
P.S. It's a funny thing that a lottery can sell you a ticket for a million-dollar jackpot, and you get to take home less than 300K. If it isn't bad enough selling tickets with one in 13 million chances to win, then you they don't even give you the whole prize.
The fact that you would even have to ask that question shows that you know very little about the legal aspects of divorce proceedings in this country...
Many of us divorced freepers read that, nodded our head in agreement, and moved on...
I guess you don't realize that you didn't answer the question.
Perhaps it was that sort of unwillingness to pass on wisdom that helped you get blindsided by the system.
If one of you who were nodding in agreement would care to explain to me how that can happen, I'd appreciate it. Perhaps you can help a young unmarried guy avoid some pitfalls that befell you.
Good thing he didn't buy the ticket before the divorce was final. ;o)
It's been known to happen. She will find some John Edwards wannabe who will make a claim that the money this guy spent on the weekly lotto during their marriage was damaging to their lifstyle ergo she is entitled to half...
Twenty bucks says she gets a lawyer and sues him on some trumped up charge.
www.nomarriage.com
Awesome!
Hope he has a couple of sisters who will watch out for him.
Great. I'm zero for zero for zero for zero on that scale.
Thanks sooooooooo much for rubbing it in, bassturd!
;^)
Great story!
Yep.... takes the lump sum, gives the gov half, buys a new house, harley, trip to cancun. This guy will end up owing more than Mike Tyson before it's all over.
It's one of the 'benefits' of 'No Fault' Divorce.
She has whoopee with a neighbor and gets half the house???
Dang, if is really "no-fault" then why isn't the property split evenly?
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