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After Jeff Bezos announced his divorce in January, investors paused to see which route Amazon was going to take. If you follow the stock market, it’s clear that Amazon stock was hit hard in 2018. Various reasons contributed, but stockholders couldn’t help but ask, ” was Bezos distracted with his divorce when Amazon was having issues?” Bezos’ divorce and Amazon’s hectic just reaffirms that when business and divorce mix, it is never easy. A successful business and a successful marriage. Can you have both?

For those who are facing divorce while at the same time celebrating a successful business, it might seem like you cannot. The truth is, growing a business and growing a marriage can seem at odds with one another. …


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When there are a lot of assets, such as in high net worth marriages, that need to be decided on in divorce, it’s important to remember the tax repercussions that can follow those decisions. Making this even more overwhelming is the fact that tax laws will be changing in 2019.

When retirement accounts, large pieces of property, and alimony are at stake, divorce gets tricky. Making these decisions trickier for both lawyers and feuding couples, it’s the fact that big changes are coming at the end of 2018.

A number of tax law changes were implemented at the end of 2017 but a big disruption won’t happen until Jan. 1, 2019. The biggest direct impact is on alimony. Alimony will no longer be a tax deduction for the person paying it, and it will no longer have to be claimed as income by the person receiving it. …


Image for post
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When there are a lot of assets, such as in high net worth marriages, that need to be decided on in divorce, it’s important to remember the tax repercussions that can follow those decisions. Making this even more overwhelming is the fact that tax laws will be changing in 2019.

When retirement accounts, large pieces of property, and alimony are at stake, divorce gets tricky. Making these decisions trickier for both lawyers and feuding couples, it’s the fact that big changes are coming at the end of 2018.

A number of tax law changes were implemented at the end of 2017 but a big disruption won’t happen until Jan. 1, 2019. The biggest direct impact is on alimony. Alimony will no longer be a tax deduction for the person paying it, and it will no longer have to be claimed as income by the person receiving it. …

About

Jeff Wall

Jeff is a freelance writer working for divorcelawyerslosangeles.com/family-law/divorce/