Tax Traps for Divorcing Clients
The surprise split of Amazon CEO Jeff Bezos and his wife MacKenzie puts advisors on alert: Are you prepared with appropriate retirement and tax advice if your clients divorce? Itâ€™s unlikely that Bezos will have to crack open his Amazon 401(k) or IRA to get through this event. But for your average client, thatâ€™s exactly where most of their wealth may be.
To read the full article in Financial Planning, click: Tax Traps for Divorcing Clients.