On Valentine's Day, I looked at the tax implications of courtships that turn into marriages.Today, in light of Tiger Woods' statement about his indiscretions, I thought I'd reprise some info about tax considerations when a marriage ends.
Now I'm not saying I doubt the sincerity of Tiger's apology. But I noticed that Elin was not there. Personally, I'm glad she wasn't. He's the one who made such a mess of everything; he needs to clean it up himself.
And I'm not saying I think or hope they will split up. I'm a big fan of marriage, having been in one for 28-plus years.
But most of the time I'm more pragmatic than romantic, so ...
It's from that "be prepared" perspective, I give you a few blog items and stories that discuss some of the tax and financial issues couples need to be aware of when they divorce:
- Tiger tales, taxes and divorce
and Kate plus 8 divorce tax tips
- When love goes bad: Divorce and taxes
- For better or ... apparently just better
- Dealing with Divorce: Break-up Financial Basics
Taxes and Divorce, excerpt from my book The Truth About Paying Fewer Taxes
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