How do you split $8 million in bling? Painstakingly!

By at 31 January, 2010, 9:25 am



Tina and Bill at Mar-a-Lago in 2006 Unusual hearing in a Palm Beach County circuit court Monday. Judge Diana Lewis will spend most of the day dividing up $8 million in jewelry amongst divorced society stalwarts Bill and Tina Flaherty . The treasure trove includes a $500,000-diamond-and-emerald necklace. Tina, 70, is also well known in corporate America for punching through the glass ceilings of blue-chip companies in the 1960s and taking over Colgate-Palmolive . Bill, 76, is an industrialist who once gave $1.5 million to West Palm Beach’s St. Marys Medical Center and another $1.5 million to the Palm Beach Zoo . He filed for divorce in April 2007 after 33 years of marital bliss, or hell, depending who’s talking. But while the divorce became final a year and a half later, the division of marital property continues. So far, the Flahertys split evenly $150 million in homes and stocks and bonds. But when it came

to the bling, things haven’t gone so smoothly. So Lewis is forced to play Solomon . For more on the bling, and the poll, look below or click “There’s such a difference in opinion between his and her appraisers that there is no choice,” said Jeff Fisher , who reps the lady. Bill may end up getting back a lot of the stuff he bought Tina for things like their 25th wedding anniversary and her 50th birthday. “She’s pretty upset that Bill wants to sell eventually jewelry he gave her,” Fisher said. Said Joel Weissman , who represented Bill: “In Florida, the gift you purchase a spouse is considered marital property. It can be split 50-50 in a divorce.” Note: There is a poll embedded within this post, please visit the site to participate in this post’s poll.

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How do you split $8 million in bling? Painstakingly!

Categories : Florida | West Palm Beach




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