Comments on: Talk About an Allowance!

By: Winthorp

Winthorp — Fri, 12 Oct 2007 13:43:51 +0000

So what’s the update on this guy? I’m sure he has no leg to stand on as far as getting any money back but at least the judge could take into account the diminished amount in the account and lower the ex wife’s alimony. The trust pays the ex wife $12,000 a month and this poor bastard has to get by on $3000!

I understand that he’s an idiot, he was married 5 times, but that doesn’t excuse the crappy alimony laws that helped put him near poverty! I believe that alimony should be percentage based instead of a flat rate based on what was in the past.

By: VanBeez

VanBeez — Wed, 14 Mar 2007 21:04:28 +0000

This article is outrageous – I know Alexis very personally (or did) – and HE mismanaged his life and never even begin a real career, just milked a trust that wasn’t designed just for him and drank away any talent he may have ever had over the past 40 years. Now, he’s just a dillisioned, old fool – victim of his own actions and decisions.

By: Emma

Emma — Thu, 09 Mar 2006 06:26:45 +0000

I’m sure a large portion of it went to taxes, the rest, well, why was his trustee managing his money?

$3,000 would be hard to live on….if you’re Paris Hilton.

By: beren9955

beren9955 — Thu, 09 Mar 2006 03:54:10 +0000

You’d think he’d ask about his money every once in a while and think, “Gee, it looks like this statement is missing a couple million, I wonder where it went?”

By: savvy saver

savvy saver — Wed, 08 Mar 2006 15:26:42 +0000

I’m pretty sure that with a JOB, the man could manage to get by on his wages plus $3,000.

By: jim

jim — Wed, 08 Mar 2006 15:22:06 +0000

Didn’t he notice anything funny when they lost the first million? What about the second? What a fool.

By: Keith

Keith — Tue, 07 Mar 2006 21:03:18 +0000

I agree that $36,000/year ain’t that much in NYC, however that is an EXTREMELY conservative 1.8%/year draw rate — particularly for a 62 year old.

By: Tim

Tim — Tue, 07 Mar 2006 21:01:27 +0000

Well if $3k/month is nearly destitute in NYC, I’d pack my hobo bag a move on because out here in Washington State I’d be living mighty fine on $3k.

By: Dus10

Dus10 — Tue, 07 Mar 2006 20:11:29 +0000

Hey, I make $5K/month and it isn’t all that easy to get by in a place that has a much lower cost of living than NYC. $3K/month would pretty much be nearly destitute and homeless.

By: Blaine Moore

Blaine Moore — Tue, 07 Mar 2006 19:56:55 +0000

NYC does have a high cost of living…