That the Thompson case was moving along more rapidly than he expected pleased Daniel greatly. He never liked this case from the beginning and, when it was behind him and Teri, he could return to the lunch non-date scheme. But, the accelerated pace of meeting the next day to discuss property settlement meant that he had to meet with Mrs. Thompson within the next few hours to make sure that she hadn't changed her mind about her demands. Daniel called his client to set up an urgent meeting.
Susan Thompson appeared promptly. Her demeanor, Daniel noticed, was evident. When she talked about her future she presented as the love-struck teenager. When discussing her children she was vague, arguably to the point of indifference, although she would deny that. When addressing issues of the property settlement, Susan Thompson was acutely focused and clear of mind. In response to Daniel's query to confirm, or change, her initial statement to him, she reiterated her position with astounding precision.
"I have explained to you, Mr. Walker, why I am entitled to at least half of our combined assets given how Paul launched his business career on the back of my daily labor as a school teacher." She paused, anger clearly building. "By the way, did I tell you, Mr. Walker, that in the third year of Paul's undergrad studies that he came home one night all excited and puffed up, announcing that the business school students had chosen him as one of their representatives to the campus wide student government? He made a point to say that this would only involve two evening meetings per month. So, here I am working hard all day, cooking our meals, and cleaning the house, and Paul, then several years past when he should have been in college, is playing like he's a 20-year-old undergrad immersing himself in the joys of being a full-time student. I built the Paul Thompson Consulting LLC business just as much as he did. So, except for the children's college fund, I want half of our liquid assets - well, I have those now in my own account - , half of our non-retirement investment portfolio, half of his 401(k) and Roth IRA retirement funds, and half of the assessed value of our home here in Silver Lake and our beach house. I'm willing to let him have all of his precious boat, unless you think we should ask for half of that too as a bargaining chip. "
Susan Thompson was alert, clear, and, for the moment, in charge of the meeting with Daniel. "Now, Mr. Walker, I'm willing to negotiate a payout of the value of the houses to allow Paul to raise the necessary funds to pay me if he wants to maintain both properties. For example, I'd go as far as a 5-year payout plan or even 7 years if that's the best we can do. As for the non-retirement investment portfolio and the retirement funds, I want those as soon as practicable. And, let's not forget, Mr. Walker, for the retirement accounts the timing of the transfer is critical in order to avoid tax penalties. We'll need to get my half of the 401(k) funds under a "qualified domestic relations order", but we can get my half of the Roth fund just labeled as a "transfer incident to divorce".
Daniel seldom expressed shock, but as Susan discussed the details of divvying up the retirement funds his mouth literally fell open. Shit, this apparently love-struck, silly girl was, in fact, a sharp, highly informed woman. His expression didn't go unnoticed by his client. A grin spread across her face, "Mr. Walker, let me explain two things. First, before before I became a school teacher and before Paul dragged me out to this God-forsaken burg, I was a paralegal in a big Chicago firm. Second, I told you that I wanted to start over. Completely. I didn't say that I wanted to start over poor."
Daniel's head was spinning. It was clear that Mrs. Thompson was going for the financial jugular, and wouldn't back down. As her attorney, he was bound to represent her wishes and advocate forcefully for her position. He did explain to her that since she had easily agreed to not having custody of the children and had put up only token resistance to having very limited visitation, if their case went to a judge - which now seemed almost certain - her claim to half of the value of the house and the beach house, which would house her children was pretty weak. Not surprisingly, Susan Thompson did not retreat.
Daniel and his client appeared promptly at the courthouse conference room for the Friday meeting. Daniel dressed, as always, in his Armani suit. He had to work hard not to laugh when Teri appeared in her usual dress, tight-fitting blouse and all. A very small glint in Terri's eye made him think that she knew she was teasing him in a way that only the two of them understood. Daniel worked hard at being cordial and professional, and particularly respectful to Mr. Thompson. After all, he knew what they were about to present.
At Teri's invitation, the Thompson/Walker team went first. As calmly as he could, Daniel presented Mrs. Thompson's demands, including her rationale about her contribution to Mr. Thompson's financially successful career. Daniel softened Susan's language however, omitting the student government example. As he finished his presentation Daniel riveted his attention on the facial expressions of the other side. Mr. Thompson's face conveyed astonishment, maybe even shock, that seemed to be building slowly and surely to anger. But Teri's expression, to Daniel's mind, was even more intimidating. Hers was a look of cold, steely determination. This was going to be a hard fight. Daniel only hoped that he could be the forceful advocate for his client's position without ruining any chance of wooing her attorney.
Susan Thompson appeared promptly. Her demeanor, Daniel noticed, was evident. When she talked about her future she presented as the love-struck teenager. When discussing her children she was vague, arguably to the point of indifference, although she would deny that. When addressing issues of the property settlement, Susan Thompson was acutely focused and clear of mind. In response to Daniel's query to confirm, or change, her initial statement to him, she reiterated her position with astounding precision.
"I have explained to you, Mr. Walker, why I am entitled to at least half of our combined assets given how Paul launched his business career on the back of my daily labor as a school teacher." She paused, anger clearly building. "By the way, did I tell you, Mr. Walker, that in the third year of Paul's undergrad studies that he came home one night all excited and puffed up, announcing that the business school students had chosen him as one of their representatives to the campus wide student government? He made a point to say that this would only involve two evening meetings per month. So, here I am working hard all day, cooking our meals, and cleaning the house, and Paul, then several years past when he should have been in college, is playing like he's a 20-year-old undergrad immersing himself in the joys of being a full-time student. I built the Paul Thompson Consulting LLC business just as much as he did. So, except for the children's college fund, I want half of our liquid assets - well, I have those now in my own account - , half of our non-retirement investment portfolio, half of his 401(k) and Roth IRA retirement funds, and half of the assessed value of our home here in Silver Lake and our beach house. I'm willing to let him have all of his precious boat, unless you think we should ask for half of that too as a bargaining chip. "
Susan Thompson was alert, clear, and, for the moment, in charge of the meeting with Daniel. "Now, Mr. Walker, I'm willing to negotiate a payout of the value of the houses to allow Paul to raise the necessary funds to pay me if he wants to maintain both properties. For example, I'd go as far as a 5-year payout plan or even 7 years if that's the best we can do. As for the non-retirement investment portfolio and the retirement funds, I want those as soon as practicable. And, let's not forget, Mr. Walker, for the retirement accounts the timing of the transfer is critical in order to avoid tax penalties. We'll need to get my half of the 401(k) funds under a "qualified domestic relations order", but we can get my half of the Roth fund just labeled as a "transfer incident to divorce".
Daniel seldom expressed shock, but as Susan discussed the details of divvying up the retirement funds his mouth literally fell open. Shit, this apparently love-struck, silly girl was, in fact, a sharp, highly informed woman. His expression didn't go unnoticed by his client. A grin spread across her face, "Mr. Walker, let me explain two things. First, before before I became a school teacher and before Paul dragged me out to this God-forsaken burg, I was a paralegal in a big Chicago firm. Second, I told you that I wanted to start over. Completely. I didn't say that I wanted to start over poor."
Daniel's head was spinning. It was clear that Mrs. Thompson was going for the financial jugular, and wouldn't back down. As her attorney, he was bound to represent her wishes and advocate forcefully for her position. He did explain to her that since she had easily agreed to not having custody of the children and had put up only token resistance to having very limited visitation, if their case went to a judge - which now seemed almost certain - her claim to half of the value of the house and the beach house, which would house her children was pretty weak. Not surprisingly, Susan Thompson did not retreat.
Daniel and his client appeared promptly at the courthouse conference room for the Friday meeting. Daniel dressed, as always, in his Armani suit. He had to work hard not to laugh when Teri appeared in her usual dress, tight-fitting blouse and all. A very small glint in Terri's eye made him think that she knew she was teasing him in a way that only the two of them understood. Daniel worked hard at being cordial and professional, and particularly respectful to Mr. Thompson. After all, he knew what they were about to present.
At Teri's invitation, the Thompson/Walker team went first. As calmly as he could, Daniel presented Mrs. Thompson's demands, including her rationale about her contribution to Mr. Thompson's financially successful career. Daniel softened Susan's language however, omitting the student government example. As he finished his presentation Daniel riveted his attention on the facial expressions of the other side. Mr. Thompson's face conveyed astonishment, maybe even shock, that seemed to be building slowly and surely to anger. But Teri's expression, to Daniel's mind, was even more intimidating. Hers was a look of cold, steely determination. This was going to be a hard fight. Daniel only hoped that he could be the forceful advocate for his client's position without ruining any chance of wooing her attorney.
Last edited: