Wednesday, May 14, 2008

Two Drink Minimum

Jenna Bush got married over the weekend. But she did not sign a pre-nup.

Apparently, the family doesn't believe in exit strategies.

Ba dum dum. Okay, so prenups are no joke, but satirical commentary is a whole other blog game.




Wednesday, May 7, 2008

Save Your Nickels

3 Nickels

A father walks into a restaurant with his young son. He gives the young boy 3 nickels to play with to keep him occupied. Suddenly, the boy starts choking, going blue in the face. The father realizes the boy has swallowed the nickels and starts slapping him on the back. The boy coughs up 2 of the nickels, but keeps choking.

Looking at his son, the father is panicking, shouting for help. A well dressed, attractive, and serious looking woman, in a blue business suit is sitting at a coffee bar reading a newspaper and sipping a cup of coffee. At the sound of the commotion, she looks up, puts her coffee cup down, neatly folds the newspaper and places it on the counter, gets up from her seat and makes her way, unhurried, across the restaurant.

Reach ing the boy, the woman carefully drops his pants; takes hold of the boy's testicles and starts to squeeze and twist, gently at first and then ever so firmly. After a few seconds the boy convulses violently and coughs up
the last nickel, which the woman deftly catches in her free hand. Releasing the boy's testicles, the woman hands the nickel to the father and walks back to her seat in the coffee bar without saying a word.

As soon as he is sure that his son has suffered no ill effects, the father rushes over to the woman and starts thanking her saying, 'I've never seen anybody do anything like that before, it was fantastic. Are you a doctor?

'No,' the woman replied. 'Divorce attorney.'

Wednesday, March 19, 2008

What Can we Learn from Paul and Heather?

The biggest news in the world of prenups is, once again, the lack thereof. Paul McCartney got it handed to him by a judge last week, ordering him to pay $48.7 million to his ex, Heather Mills, plus $70,000 a year in alimony. This gave Paul what was really a win by only awarding 20% of the $250 million Heather was seeking after their four-year marriage. Despite finding Paul to be "honest" and Heather to be an "inconsistent and inaccurate witness," the judge's decision, unfair as it may seem, is not likely to be appealed.

Unlike in the US, prenups in the UK are only influential, not binding on a court. However, the Brits are following our lead, with more and more judges enforcing pre-marital contracts that are fairly entered into beyond what their laws even require. Nonetheless, it doesn't matter which country you're in - if you DON'T have a prenup, you are submitting to the broad discretion of a judge to determine your financial fate. Optimism aside (Paul is quoted as saying he thought it was for life), it just doesn't make any sense not to have a contingency plan to give you some certainty in case things don't work out.