Thursday, June 14, 2012

Doggone?

It is written in my divorce settlement that Bill will pick up his giant alpha dog within fourteen days of receiving the large lump sum from my tax shelter. I have had to keep in touch with the financial advisor's office regarding this. There had been numerous hurdles to jump in getting this money transferred to Bill. I purposely had it written into the agreement that the money would be distributed in a spousal rollover. I wanted no tax consequences as a result of giving him the money I had spent thirty five years saving. Finally, on June 7, the money was successfully transferred to an account they had set up for Bill. Does he know the money will be subject to taxation upon withdrawal? My guess is that he probably knows by now. My other guess is that he will try to circumvent the whole taxation process somehow. He will either find a loophole or find a way of not paying. He will ask, if possible, to have no money withheld on the basis of not expecting to have to pay any taxes for this year. Good luck with that. My experience has been that they take out the taxes first and talk to you about it later. Later being when you file your return for that year. I know that fourteen days after June 7 is June 20, possibly June 21. Bill asked my attorney if he could come by and fetch the dog on Saturday, June 23. I told the attorney that would not work and that Bill will need to get the dog on either Wednesday the 20th or Thursday the 21st. He can contact my dad's caregiver who can then walk the dog up to the corner and meet Bill there. It's so Classic Bill to try to push the fourteen days. He needs to know that the Neo-Classic Cindy isn't buying the blurry margins anymore. Not. Any. More. Dog. Fourteen days. Gone.

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