This is a continuation of our discussion of the final versions of the House and Senate Tax Cuts and Jobs Act (sic) bill. Those are now the law of the land, PL 115-97.
I had a few of your readers complaining that my equation to figure out the chances of finding “the one” was too clinical and not romantic enough. (Yes, some folks don’t want their comments published on the web; I do keep them private.)
Many of you know, I have served as the CFO for a few legal firms. One of my longest affiliations was with a family law practice. (Don’t you just love that euphemism… family law, aka divorce. One of the most contentious of all law practices.)
Getting married? Even for the first time, if one of you is running their own business, a prenuptial agreement (prenup) may be in order. If either of you have children from a previous marriage, it is a critical consideration.
Betty Thompson would be pissed. Yes, she would. Because, she knew that the best way to have divorce ‘work’ in America was to make things equitable. She worked hard to change the laws in Virginia. Instead of basing the split of assets from who had the title (which typically was the male, especially when she began her practice) to “equitable distribution”. And, while she knew that alimony had to have a finite limit- and not proceed for decades or for life- that change came slower.