question about TAF and marriage...

Discussion in 'The Tiger's Den' started by 2arms2legsTIGER, Dec 10, 2007.

  1. 2arms2legsTIGER

    2arms2legsTIGER Founding Member

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    I'll probably be getting married in the next 2-3 years and was thinking. I have a TAF account that I donate to every year but it seems like even if I give more than the minimum $100 for 3 points I'm not moving anywhere. At first my girlfriend was also donating into my account but wouldn't it be better for her to start her own account, collect the bonus points every year also, and then have our accounts pooled after marriage? Is there some fine print I don't know about that makes this plan useless? It says on their site that the points are pooled but I could see them pulling some stunt like taking away all "loyalty" points from one of the accounts? Anyone here ever go through this or know the answer?


    ... I know someone will joke about it but yes, marriage is pretty much a foregone conclusion for us.
     
  2. goldengirlfan

    goldengirlfan simple man

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    Far be it from me to poke fun about such a serious matter. I was wondering, since the subject is raised, what happens to all those points or whatever when there is a divorce ?
     
  3. LSUGradin99

    LSUGradin99 I Bleedeth Purple 'N Gold

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    How Are Priority Points Allocated Following Divorce?

    Where a husband and wife divorce and both spouses are listed as joint account holders according to records maintained by the University and/or its Affiliated Organizations, priority points will be allocated to the spouse actually making each donation according to records maintained by the University and/or its Affiliated Organizations. In the case of joint donations where both spouses are listed as joint account holders according to records maintained by the University and/or its Affiliated Organizations, priority points will be equally divided between the spouses. Where a husband and wife divorce and according to records maintained by the University and/or its Affiliated Organizations, only one spouse is an account holder, priority points resulting from all donations, whether made jointly or separately, will be credited to the spouse who is the account holder of record. For purposes of this rule, joint donations are donations made in cash during the term of a marriage or donations made by one or both spouses via a check or other instrument that lists the names of both spouses.
     
  4. LSUGradin99

    LSUGradin99 I Bleedeth Purple 'N Gold

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    I don't see where it says points can be pooled once you marry.

    May Priority Points be Sold, Pooled or Assigned?

    Priority points are not property, they are part of a system endorsed by the University and its Affiliated Organizations to determine the order in which donors may be offered certain rights and benefits; therefore, priority points may not be sold under any circumstances, and subject to the following exceptions, priority points may not be pooled or assigned in any way.

    Exception Number One: In the case of a husband and wife while married, where spouses have established accounts in their personal capacities under different names, priority points resulting from donations made by either spouse may be pooled if the spouses combine their individual accounts into a single joint account. Where spouses combine their individual accounts into a single joint account, priority points for the joint account will be re-calculated as though all donations made by either spouse had been made to the joint account. In the case of a husband and wife who subsequently divorce, priority points resulting from donations made by the spouses, whether jointly or individually, may no longer be pooled.

    Exception Number Two: In the case of a business entity that merges with one or more businesses with priority points and there is but a single new or "surviving" entity following the merger, accounts for the merging entities will be combined and priority points for the new or "surviving" entity will be re-calculated as though all donations made by a merged entity had been made solely on behalf of the new or "surviving" business entity.

    Exception Number Three: Following the death of a donor, priority points accumulated by the deceased donor (in addition to any ticket rights or other amenities) may be transferred only to the deceased donor's Surviving Spouse or Direct Descendants. Absent written direction to the contrary received by the appropriate Affiliated Organization prior to a donor's death, following the death of a donor, accumulated priority points, tickets and other amenities shall be transferred in the following manner. The deceased donor's priority points (in addition to any ticket rights or other amenities) shall be transferred to the deceased donor's Surviving Spouse. In the event that the deceased leaves no Surviving Spouse or the deceased donor's Surviving Spouse does not accept, the priority points (in addition to any ticket rights or other amenities) shall be divided equally among the deceased donor's Children who wish to accept the available benefits. In the event that an individual either leaves no Surviving Spouse or Children, or the deceased donor's Surviving Spouse or Children do not accept, the priority points (in addition to any ticket rights or other amenities) shall be equally divided among the deceased donor's other Direct Descendents who wish to accept the available benefits. Rights of Surviving Spouses, Children and other Direct Descendents shall be subject to the requirement that Surviving Spouses, Children or other Direct Descendents receiving priority points or other rights or amenities pay all required donations, costs, fees and surcharges.

    Exception Number Four: It is recognized that in cases involving hardship where, for example, a donor makes a permanent move to a distant area or is no longer physically able to attend athletic events, a donor may wish to transfer his account to his Spouse, Children or other Direct Descendents. Under such circumstances transfers of a member's account to the member's Spouse, Children or other Direct Descendents may be allowed subject to the following conditions and written approval by LSU and the priority point advisory committee: (a) hardship transfers should typically involve a member's entire account (all tickets, all priority points and all other amenities), however, for good cause shown a sport specific transfer of tickets may be granted; (b) hardship transfers may not be utilized to circumvent limitations on the number of tickets and other amenities available to individuals (c) hardship transfers are irrevocable.

    Exception Number Five: A donor may designate in writing the individual(s) who will receive priority points attributable to donations made by the donor following his death (such as testamentary gifts and gifts made via life insurance). Absent such a designation, priority points attributable to donations made by a donor following his death will be assigned to the deceased's Surviving Spouse, Children, or other Direct Descendents in accordance with Exception Number Three.

    Exception Number Six: Prior to or at the time that a donation is made, a donor may request in writing that priority points resulting from a donation be credited to another party. This exception shall not apply to donations made by publicly traded business entities to the LSU Foundation or the LSU Alumni Association.
     
  5. TigerBait3

    TigerBait3 Guest

    (cough) dont do it (couch)

    sorry, im a smoker
     
  6. LSUTiga

    LSUTiga TF Pubic Relations

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    TAF Points, hell, see if you can trade 'em in for brownie points, you're gonna need 'em.
     
  7. LSUGradin99

    LSUGradin99 I Bleedeth Purple 'N Gold

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    Hmmm.. a loophole?

    Does this mean that my wife can start her own account and accumulate points. If she contributes at same pace as me (I just joined TAF this year), then we'd have roughly the same amount of points on each account. Then at some point we can combine the two accounts and thus double our points/ranking? I bet they would only give the 3.1 points per year and drop the "extra" 3.1 for your spouse. Then just add up all the other donations.

     
  8. 2arms2legsTIGER

    2arms2legsTIGER Founding Member

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    this is exactly my fear. I just feel like it's too good to be true... Otherwise I'd take the lady down to the courthouse tomorrow and get a "marriage license"... would have to keep it from the family but that's do-able.
     
  9. goldengirlfan

    goldengirlfan simple man

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    Damn bunch of lawyers. All this over some folks just wanting to see a ball game now and again.:hihi:
     
  10. phlashman

    phlashman Founding Member

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    LOL...me too!
     

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