Multi-Million Dollar International Divorce
Dec 01, 2017OUTCOME: Successful mediated resolution
Worked as the private mediator to cooperatively divorce a couple who had been married for 40 years. Their multi-million dollar estate had local and international real estate, local retirement, internat ... ional pensions, and a wide variety of investments ranging from IRAs and retirement accounts, to brokerage accounts and mutual funds. In collaboration with a Certified Divorce Financial Analyst, assisted spouses in valuing and dividing their many assets equitably while minimizing tax consequences. Using strategic tax planning that incorporated required minimum IRA distributions, capital gains avoidance, and pre-divorce asset division, we were able to save thousands of dollars in taxes and free up cash flow to both spouses. Though the spouses had no minor children, we successfully addressed legal and parenting issues arising from their adult child's particular special needs. From first meeting to submitting the paperwork, this complex divorce was resolved in less than five months and for $4000, including fees paid to the financial planner.
