It doesnt matter whether a spouse works during the marriage in order to be awarded 1/2 of your spouse's retirement account proceeds. I am merely presenting the facts of divorce law. You hold a marital interest from the date of marriage until the end date of marriage. I am sure M2 also received her 1/2 interest. Otherwise, you are saying women are worthless and entitled to nothing if they dont work during the marriage (which is misogynistic.) This is part of the dissolution/divorce process.
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You are really reaching. If Mayte is getting money from a pension it is because Prince either wanted her to get it or just did not have her taken off after they divorced. Whatever way you look at it she did not earn the money because she did not work for it.
She is getting it because she is a beneficary.
Now she could have gone out and put some of her own money into a 401k or an IRA or maybe she has money coming from her SAG pension. That would be money she earned. ---
I have a 401k and a few other items and I have beneficaries and I am free to remove them or put anyone I want on them.
No one on this earth is entitled to anything. Even when women divorce a lot guys fight tooth and nail not to give up any money or less then what the law is saying they should.
Some are sucessful like Prince was and women should not be so foolish to assume they are entitled to anything. All women should always have your own money. I do not care if you have to put 5 buck a week in the bank or some account. Do something for yourself. --------
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I'm reaching? Hahahahahaaaaaa
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There is a lot that went on behind closed doors that we are not privy to. If Prince set this up and did not change it, that is on him. A friend of mine in the service did not update his life insurance after his divorce. His ex got the money. Sad but it happens. And yes, we were routinely and constantly reminded to update our paperwork prior to deployments.
As for did Mayte earn it? Really that is more opinion that factual. I am not here to argue that or speculate on it.
My interest is in the Vault. If the Estate came out tomorrow with a list, count, inventory of the Vault, my thirst would be quenched.
In the meantime, I will follow the latest developments. Initially, I thought Bremer was doing a good job with the situation and what had to be done. But, I am getting the vibe they were not very thorough. Hopefully after several years when the baseless appeals are exhausted, the Estate will see positive momentum and the Vault and Prince's legacy will shine. | |
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Welcome to "the org", Mumio…they can have you, but I'll have your love in the end | |
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Couldn't the same be said for the estate as a whole? It's not like Prince's various half-sibs "earned the money" that Prince died with; they were beneficiaries because the law says that's who inherits by default if the dead person didn't make it (legally) clear they wanted something different.
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You dont leave an ex-spouse as a beny on your retirement account because then they would get more than their marital portion. It is governed by Federal Statutes. It is called a Qualified Domestic Relations Order or "QDRO."
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I'm just glad there are divorce papers. Some orger's around here said they weren't legally divorced. Only annulled. | |
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If there was a pension and she received her marital share or a lesser % as agreed upon it would be in the dissolution paperwork. If so, then it would fall under a Qualified Domestic Relations Order. They also did a dissolution rather than a divorce. Which means everything was agreed upon by the parties before the paperwork was filed at Court. | |
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I'm just wondering ISLIJAG, would this be something that would have to be addressed if she presented her copy of the paperwork to Comerica? Would them filing to get the originals be a response to that? God is my Sugar Daddy. | |
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Same thing they earned nothing. said: Couldn't the same be said for the estate as a whole? It's not like Prince's various half-sibs "earned the money" that Prince died with; they were beneficiaries because the law says that's who inherits by default if the dead person didn't make it (legally) clear they wanted something different.
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PennyPurple said: I'm just glad there are divorce papers. Some orger's around here said they weren't legally divorced. Only annulled. No one could find a record of their divorce and Prince was the one who wanted to have it annulled. Now it appears to have been a dissolution. [Edited 7/25/17 19:16pm] | |
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ISaidLifeIsJustAGame said: You dont leave an ex-spouse as a beny on your retirement account because then they would get more than their marital portion. It is governed by Federal Statutes. It is called a Qualified Domestic Relations Order or "QDRO."
--This is Prince the man who appear to have just given loads of money away. | |
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morningsong said:
Morning song, the most logical conclusion is that made up the so-called 'annulment.' On p. 255 of The Most Beautiful, Mayte states that she allowed to put the pen in her hand and she signed the so-called 'annulment' document because she felt "defeated" and "desperate." There was no legal validity to the annulment at all. Prince was an artist and, in my opinion, used his artistic ability to write the so-called annulment. There is no way to explain the so-called annulment other than that Prince made it up himself. [Edited 7/25/17 19:34pm] [Edited 7/25/17 19:35pm] Live 4 Love ~ Love is God, God is love, Girls and boys love God above | |
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I wonder if he provided paperwork to the pension fund which listed Mayte as the beneficiary to his pension and never updated the paperwork following the dissolution of their marriage. I have money in Pennsylvania's pension fund for educators, called PSERS. There was a form that I submitted to PSERS listing whom would receive the money in my pension if I were to die (and I listed my husband as the beneficiary). I wonder if maybe Prince never changed the beneficiary to his pension following he and Mayte's divorce, and as a result, the Court is looking to see whether the dissolution paperwork says anything about the pension. My guess is that the Estate notified the pension fund of Prince's death, and Judge Eide's Court is trying to determine whom will receive the money from the pension. It is possible that the pension fund may be based in another state, and so the pension fund may be subject to the laws of the state in which it was established or in which its headquarters are located. [Edited 7/25/17 19:59pm] Live 4 Love ~ Love is God, God is love, Girls and boys love God above | |
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Misslink88 said:
I'm just wondering ISLIJAG, would this be something that would have to be addressed if she presented her copy of the paperwork to Comerica? Would them filing to get the originals be a response to that? Possibly it could be a response to Mayte filing. The Court's request could also be in response to information that it received from the pension fund indicating that Mayte is the beneficiary to Prince's pension, and the Court is looking at the dissolution papers in order to see if these addressed the pension. [Edited 7/25/17 20:30pm] Live 4 Love ~ Love is God, God is love, Girls and boys love God above | |
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I guess I was confusing a pension with social security. I know for a fact that you have to be married 10 years before you qualify for an exes social security. | |
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tmo1965 said:
I guess I was confusing a pension with social security. I know for a fact that you have to be married 10 years before you qualify for an exes social security. Pensions are different. For my pension, I could list anyone who is living and whose social security number I know. I also have the option to make an organization or charity the beneficiary. Live 4 Love ~ Love is God, God is love, Girls and boys love God above | |
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laurarichardson said: PennyPurple said: I'm just glad there are divorce papers. Some orger's around here said they weren't legally divorced. Only annulled. No one could find a record of their divorce and Prince was the one who wanted to have it annulled. Now it appears to have been a dissolution. [Edited 7/25/17 19:16pm] Obviously, there are divorce/dissolution records because the court filed these records under seal. However, the records may not be available for public view or may not be online. [Edited 7/25/17 20:34pm] Live 4 Love ~ Love is God, God is love, Girls and boys love God above | |
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You could see in the on-line court file all of the motions and that an actual divorce was granted for M2. None of this info was visable for M1. We all know that the details for both are sealed. Once again it was Prince who said it was annulled not something made up by fans and not seeing anything in the court files at all fed the speculation. In addition, there are a handful of other things that have been said by Mayte that we know are not true so why would anyone have to automatically believe everything she has too say?
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Prince was an artist and, in my opinion, used his artistic ability to write the so-called annulment.
It takes artistic albilty to draw up an annulment document? My guess is he got that stupid Patrick Cousin to draw something up only to find out it was not valid because they had been married too long to get an annulment or he just needed something to get married to M2 in the JW church.
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------- See the definition of dissolution of marriage. If this was the case then he either forgot to take her off or the pension was a part of the agreement when the split up. She would have had to agree with the terms and we do not see any courts docs because of this.
If he did not forget to take her off and this was a part of the dissoultion then he did make a finanical provison for her I just do not get her bitching about Purple Rain money at all now .
Dissolution-
Q: What is a dissolution of marriage, and how is it different from a divorce?
A: A dissolution of marriage process may eliminate much of the divorce process and expense. Unlike a divorce, fault grounds are not at issue. Dissolution is often thought of as no-fault divorce. A dissolution petition is not filed with the court until the parties have reached an agreement on all the issues that must be addressed in a divorce matter. Designation of a residential parent, parental rights, visitation, child support, spousal support, division of property, payment of debts, and payment of attorney fees must be considered in either case.
While the parties are negotiating, there is no subpoena power available, so the parties must voluntarily trade information. Professionals can, however, be hired to evaluate property, etc.
When an agreement is reached and filed with the court, a hearing must take place within 30 to 90 days. Both parties must appear and testify that they are satisfied with the agreement; that they have made full disclosure of all assets and liabilities; that they have voluntarily signed the agreement; and that they both want the marriage dissolved. The court must also approve the parties' agreement.
Because there is no court involvement until an agreement is reached, all the temporary orders and possible hearings that might occur in a divorce case are avoided. The end result of both a divorce and a dissolution of marriage is the same: the marriage is terminated.
10/31/2016
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So there are no divorce papers, is that it? | |
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Yes, I think there is just the dissolution paperwork and that is the reason no temporary orders, motions or other court docs exsist. If leaving a pension to her was a part of an agreement she signed then he did look out for her. | |
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But Mayte didn't mention this, did she? It seems like a very formal resolution process yet she was vague IIRC. | |
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We don't know other than a mention of a pension in those no-fault divorce papers. . She was an employee, so may have had her own social security pension. REMEMBER, SHE WAS RECENTLY DIAGNOSED WITH MS. MAYBE SHE'S MAKING AN SSDI CLAIM? This may also refer to her signing that she would forego a share of his or make no claim. We don't know. We are assuming much because of the word "pension". . [Edited 7/26/17 9:17am] Welcome to "the org", laytonian… come bathe with me. | |
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LMMFAO! YOU are NOT a mod (although you seem to have an "in" with luv4u)I don't care HOW LONG you have "been around", you do not delegate what is said here on the org, but I will hand it to you-you are the head "rat" here that reports and gets threads deleted for NO REASON. Don't play the dumb card acting as if you don't, as you did a few posts back. People like you make me want to
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