The best laid plans

June 10, 2007

grisham_pelicanbriefJohn Grisham, the lawyer-turned-novelist whose books
have provided countless readers hours of diversion, not to mention a
very comfortable lifestyle for the writer, initially wanted to be a tax
lawyer
.

No joke. In today’s New York Times, Grisham’s admission to the University of Virginia senior class was part of a collection of recent commencement speeches.

Recalling his own undergraduate graduation ceremony 30 years ago, Grisham said back then he was "pretty smug: I was graduating from college, I had been accepted to law school and I knew exactly what I was going to do. I was going to study tax law. I wanted to be a tax lawyer because I was convinced I could make a lot of money representing wealthy people who did not want to pay all their taxes."

That was the plan, said Grisham, even though he didn’t like tax law and "sure didn’t know any wealthy people." No problem. He had it all planned.

As for the fictional court cases that have made him a household name, not to mention probably wealthier than the practice of tax law would have, Grisham said the thought of writing never crossed his mind as he got his diploma. "I had never written anything that had not been required by school," he said. "I had never dreamed of it."

Grisham’s final words of wisdom for the new Cavalier grads: You cannot plan the rest of your life.

Gifts for the new grad: If you want to give a recent graduate, college or high school, something other than words to commemorate their accomplishment, I refer you to my 2006 post, Financial gifts for graduates.

Sure, it’s a year later, but money or similar fiscal presents never go out of style. Here are the six suggestions from that previous blog entry:


$
Cash
$$ Gift certificates or prepaid gift card
$$$ Certificate of deposit
$$$$ Savings bonds/other Treasury products 
$$$$$ Educational savings account contribution
$$$$$$ Financial publications

Check out the earlier post for details on each gift-giving option.

Share:

The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

Latest Posts
The latest Dirty Dozen tax scam list is familiar because too many are still falling for the schemes

March 5, 2026

Tax filing season is also peak time for tax scams. Be on the lookout for…

Read More
Hello Tax Season 2026

Happy New Tax Year! Are you ready to file your 2025 tax return? I know, too early to ask. But Tax Day 2026 will be here before we realize it. The Internal Revenue Service deadline to file and pay any tax we owe is the regular April 15 date this year. It’s also Tax Day for most of the states that collect income taxes from their residents, which is most of the states! If that seems too far away right now, don’t worry. As is the case every tax season, the ol’ blog’s tips and other tax reminders should help all of us meet our state and federal responsibilities. Procrastinators also will want to keep an eye on the countdown clock just below. It tracks how much time we have until April’s Tax Day, just in case we put off our annual tax task until the absolutely final hours and decide we need to instead get an extension request into the IRS by that date. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
Leave the first comment