This year’s divorce season had a high-profile start, with the January announcement from Amazon founder and CEO Jeff Bezos that he and wife MacKenzie Bezos are divorcing. Divorce rates in the Bezos’ home state of Washington are close to the national average: For every 1,000 married individuals over age 15 in the U.S., about 11.67…
A Troutman Sanders associate has sued his former fiancée for return of a 4-carat engagement ring that cost about $100,000. Strasser bought the ring with savings, credit cards and a $30,000 personal loan that is costing him about $913 a month through January 2020, according to the suit. Strasser says he had…
There soon won’t be a silver lining to paying spousal support. President Trump’s recently passed tax code will abolish tax deductions on alimony for divorce decrees on Jan. 1, 2019 and thereafter. Divorce lawyers say the higher-earning spouse will have more leverage to argue for lower alimony. The current tax rules allow for matrimonial…