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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (4053)	2/7/2006 2:03:00 AM
From: Maurice Winn	Respond to of 217729

TJ, an excellent warning: <... nearly time to teach him about accumulating and hiding assets, to 'bomb-proof' himself against the girls.> Not to mention the droolingly greedy tax-man who is hired by the bludging unproductive electorates to rob with enthusiasm and impunity. Daughter number 2 in London reported that a female friend's marriage is over after 2 years despite expenses of $100,000 on the wedding [I don't know who paid]. Apparently the groom was wealthy and, allegedly, that was part of the attraction rather than love and other good things. I don't know who, what, why, how, where, or when about the situation, but there must be a stack of money involved not to mention some unhappiness. Our son has formed a trust to benefit his family and that will handle investments. If he marries, then his wife and children would be, I believe, beneficiaries of the trust, along with others. But they wouldn't be able to get their paws on the loot in the event of a divorce. I am not sure that an ex-wife would remain a beneficiary of the trust. The children would, I think. But courts couldn't order the trust to increase the offspring's funding or the ex-wife's. CB, being a lawyer handling divorces, has seen a lot, I'm sure, and is no doubt able to offer gratuitous advice to said son, which will no doubt be ignored in the fine tradition of know-it-all offspring. It's a shame that so many marriages these days crash and burn at great cost and sadness to so many. It is much easier to not have to bother with trusts, prenuptial agreements, lawyers, mistrust, worry and greed. No wonder so many people are gun-shy. Mqurice