(no subject)
MY PARENTS ARE SO AWESOME. XD
Also, came across an article that lists 15 things to think of before getting married. A fat portion of the list is obvious compatibility issues to consider (do people really need to be told that? O__o Kind of off-topic, I think, but I guess they had a word count to hit, heh.)
But the last point was this:
"15. OK, I'll Marry You - But Can Get a Receipt for That Ring?
"I know it's not romantic, but when my clients receive any expensive gift - even an engagement ring - I advise them to get a receipt," says the CPA and noted tax expert.
Before she walks down the aisle, says the financial advisor, a bride should ask her groom for a copy of the receipt, showing how much he paid for the ring that is gracing her left hand. Just like the recipient of any gift, Mr. Dlugash notes, a woman will have to pay tax on her engagement ring's increase in value if she ever decides to sell it. The ring could be taxed over 20%, he said.
Although not every engagement ring may be equal to the 15-carat diamond that Donald Trump presented to Melania Knauss prior to their January 22nd nuptials (valued at $1.9 million, although Mr. Trump is reported on have only paid half that amount), planning ahead may save many dollars in the future!
She could even be taxed on the gain as if her cost were zero, which would mean that she might have to pay on as much as the entire selling price, Mr. Dlugash advises. "Imagine if there is a divorce in twenty years. It won't be easy to find that receipt then, and she will be faced with a huge tax bill."
But then again, if you ask the right questions, and get to know each other well enough, maybe this time with the legal experts will protect you from those tears and taxes."
...........I think I want a nice cheap piece of glass in MY engagement ring, should things ever come to that. Just in case XD
For those interested, full article is here:
http://lifestyle.sympatico.msn.ca/Bride/Articles/CTW+Love+Advice+from+Lawyers+and+Accountants.htm
Also: I still rule supreme at the helicopter game. Latest high score? 3344. And I played for all of 3 minutes, too. *preens*
*though Dad still kicks my ass in Tetris. Damnit. X3