adv. rajeev ( rajoo ) (practicing advocate) 12 February 2011
MATRIMONY :
In a Divorce proceeding before the Family Court
Counsel appearing for the parties submitted that the matter has been settled.
The Judge asked what are the terms of the settlement?
Lawyer: " Your Honour! The wife has agreed for divorce by receiving Rs.25,00,000/- towards full and final settlement of maintenance."
Judge: Oh! I see, Matrimony is after all MATTER OF MONEY."
Matrimonial Disputes =Matrimony
Having said that money is after all the most versatile gift to receive, that way it can go into an emergency fund or towards a new house
With couples living together for months and years prior to marriage they accumulate most of what they need, given this fact, yes, perhaps the couple asking for cash instead of gifts could show their charitable side and do their own wedding gift of 25 or 50% of wedding cash going to a charitable organization, they would still benefit from the tax deduction......wishes for many years of wedded bliss.
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