Welcome to The Divorcierge divorce tip of the week. When you're negotiating
your financial settlement one of the most important things you need to
consider is the tax implications of the different components of the settlement. I
have heard many cases where people didn't really think about what the
long-term effects would be on their income and they agreed to something that
may not have been wise and may not have agreed to had they had somebody take a
look at the long-term consequences the long-term tax consequences. Now we all
know that that the tax code is changing and there are different effects on
divorce. Most importantly, after 2019 and going forward alimony or spousal support
will no longer be tax deductible for the payor which was the case up until or
will be the case up until the end of 2018. Another thing to think
about is the deduction of mortgage mortgage interest. If you have a mortgage
on your home and you are talking about transferring the home between one party
and another, the amount you can deduct is changing and that may affect how much
you end up getting in your settlement as well when it comes to the real estate.
You also want to think about tax implications of selling any assets. If
somebody owns a bunch of stocks and you're counting on selling them in order
to pay for your new lifestyle or to pay for something, you will be taxed on those
assets or on those stocks if they have have gained value since you purchased
them. There are many many other tax implications and it really depends on
your situation and what your assets are that you hold, what your debts are on and
on. The most important thing is that you think about these things, that you
have a financial professional look at your situation and make sure that you
have thought through or they have helped you plan through all these pieces that
will come into play in negotiations and in your final
settlement. If you'd like to have a little more information
perhaps figure out which financial professional might be the right one to
help you through your divorce, check out my website TheDivorcierge.com, sign
up for a free consultation.
For more infomation >> Divorcing? Don't forget to plan for taxes! - Duration: 2:36.-------------------------------------------
Divorce Bill - Duration: 2:08.
For more infomation >> Divorce Bill - Duration: 2:08. -------------------------------------------
CRUEL fans lash Ant's wife for 'greed' over divorce cash - Duration: 3:09.
CRUEL fans lash Ant's wife for 'greed' over divorce cash
The Strictly make-up artist has reportedly been advised to go after estranged husband Ant McPartlin's future earnings.
Ant, 42, was said to have been willing to pay Lisa, 41, half of his estimated £62m fortune to end their marriage amicably.
But it is understood Lisa has been advised to follow in the footsteps of ex-Arsenal footballer Ray Parlour's wife Karen who was awarded a third of his future earnings when they divorced in 2004.
An insider said Lisa was "not motivated by money" and wanted to get "through the devastating end of her marriage in one piece".
"Wow Lisa.
Is £31million not enough?" Maria Stockdale But her lawyers are digging in.
They believe she was pivotal to Ant hitting the big time and deserves some of his future earnings – on top of the fortune he pocketed during their years together.
If a judge agrees, Ant, who could be earning millions for another three decades, may end up having to pay a percentage to his ex every year.
Legal experts said over a lifetime the pay-out could rocket to five times the amount Ant seems willing to hand over.
Though Lisa has not yet officially lodged any mega- claim, Ant and Dec fans turned on her.
Caz4Arsene tweeted: "I don't understand how an ex-wife can have a claim on future earnings.
How the hell can anyone predict the future? But then I suppose 30m is not enough!!! Greed and bitterness playing a part now." Maria Stockdale messaged: "Wow Lisa.
Is £31million not enough." Even without a slice of Ant's extra earnings, Lisa is still set to pocket a record pay-out.
The previous biggest was the £25m Phil Collins had to give his ex-wife Orianne.
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Jennifer Aniston, Justin Theroux Did NOT Divorce, Despite False Report A Year Ago - Duration: 5:50.
Jennifer Aniston, Justin Theroux Did NOT Divorce, Despite False Report A Year Ago
Jennifer Aniston and Justin Theroux did not get divorced, one year after a tabloid falsely claimed the couple was headed for a split.
Gossip Cop is looking back at this wrong report, which was originally published on January 28, 2017.
A full 365 days have passed and it's still untrue.
This time last year, Life & Style maintained the couple was "miserable" at Orlando Bloom's birthday party and had hit their "breaking point.
" A so-called "source" was quoted as telling the publication, "Justin was animated and chatting with everybody" at Bloom's bash, but "the moment Jen was there, Justin would just go quiet.
" The outlet's supposed "insider" further contended Theroux "wasn't having fun at all when he was with her.
According to the tabloid's tipster, they had planned on having a "special weekend," but Aniston was "ruining it" for Theroux.
" The purported "source" alleged they were "fighting all weekend about how controlling" Aniston is." The seemingly fabricated insider added that Theroux and Aniston "do everything to keep up appearances," but things between them had been "bad for too long" and they were "headed for divorce.".
As Gossip Cop accurately reported a year ago, the couple was happily married then and remain so today.
At the time, reps for both Aniston and Theroux assured us the article was "ridiculous" and "false." And it's still false and ridiculous.
In fact, as widely reported, recently Aniston and Theroux celebrated New Year's and their marriage in Cabo with friends.
Surprisingly, instead of acknowledging how completely wrong they were about Aniston and Theroux getting a divorce after Bloom's birthday party, Life & Style instead spent the past 12 months manufacturing one fabricated article after another about them.
Just a few weeks later, for instance, the untrustworthy tabloid ran a cover story that maintained Aniston was "dumped on her 48th birthday." Then, halfway through the year, the magazine began to publish a slew of fictitious reports about Aniston and her ex-husband, Brad Pitt.
By the end of 2017, the publication returned to its bogus narrative about Theroux and Aniston living "separate lives.
" That set up a recent report by the same tabloid that contended Pitt and Aniston were "bonding like never before," and "are giving their love a second shot.
" The magazine actually claimed two weeks that Aniston's relationship with Theroux is "on the rocks" and with Pitt going through a divorce, "Brad and Jen could end up remarried.
Pitt and his ex-wife are not getting back together, nor are Aniston and Theroux "headed for a divorce" one year after it was first alleged by the tabloid.
As Gossip Cop has noted before, time is not the friend of bad journalism.
While the magazine's reporting is still miserable, Aniston and Theroux remain happy.
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