FlyerTalk Forums - View Single Post - Handling Miles in a divorce?
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Old Jun 18, 2002 | 7:30 pm
  #28  
hfly
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Or........

Q: How much are 500,000 miles worth??

A: Nothing according to the airlines, however according to how they make provisions on their books, approximately $300.


Or,

A: Well, you honour, I just gave them all to the make-a-wish foundation.

Or,

A: (To the attorney on the other side) Of course I'll give her $25,000 worth of tickets, should I take care of informing the IRS for you??

Lastly, in response to the above it could also be 12 economy tickets which recently went for $399 each (total value $4800), or if you want to go for the Concorde example, it would also be about $4800 as per the FT/Starwood deal.

This is why miles are a can of worms and why they are not reasonable "currency" in a divorce settlement.
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