I think that $400 million could be a lot more complicated to handle than most family accounts, especially if the family was aggressively trying to minimize their tax liability, which they were. And the finances really started to get complicated because the husband started to hide the money when Pusgrove found out about the affair. Also, the legality of the business is questionable. It looks like the money was made from adware. So I would not expect Pusgrove would want to take much credit for the management of the company.
Re:How to Hide $400M
by hanginghyena on Wednesday November 30, 2016 @05:44PM
(#13075400)
Surprised actually. If she really did run the company "day to day", seems like she would be in a position to give him the boot (grab the accounts) vs. what actually happened.
1: There is a limit to how much you can be completely involved. There are many parts of our household that are opaque to me, and as I trust my wife, it's just not worth the time, energy, and effort to look over her shoulder on them.
> In a marriage, a couple should share completely all of this information.
I disagree. Couples are allowed too be financially independent. Leave the information with your lawyer in case of death or accident? Sure. But not necessarily have joint management.
Re:How to Hide $400M
by hkmurakami on Wednesday November 30, 2016 @08:16PM
(#13076238)
[1] Rarely happens especially in the boomer'ish generation. Many stories of widows who are left with millions after the husband passes away, but has never been involved with managing the money. All too often, she is taken advantage of by "financial advisors" who swindle her through steep fees or worse.
Makes it sound like she married him for the money, but she didn't[0]. While it turns out she really didn't know much about the accounts[1], she help start the businesses that made the money[2].
[0] > Robert Oesterlund wasn’t born rich, either. When Pursglove first met him, on a cruise ship off Helsinki in the ’90s, he ran a struggling flower-import business.
[1] This is truly stupid. In a marriage, a couple should share completely all of this information. Otherwise, do not get married.
[2] > Living in Florida and New York, they started a series of companies. Oesterlund came up with most of the ideas, Pursglove would later state in court filings, and ran the companies day to day. Pursglove hired the employees, trained them and helped manage the offices.