Comments on: Taking Tiger By the Tax Tale

By: An inconvenient divorce: How Al and Tipper Gore's finances will be affected by … « just4moms.net

Wed, 02 Jun 2010 17:30:34 +0000

[...] As with Tiger Woods, it can be entertaining to speculate about the financial and tax consequences of divorce when it comes to the rich and famous. Figuring out the answers to tax puzzles is what I do for a living — and it’s fun to try and put the pieces together in real life scenarios. But I realize — like you — that these are real people who have a history together beyond the press. The state of their finances and taxes notwithstanding, I hope this decision brings both of them some peace. [...]

By: Eric Rosenthal

Eric Rosenthal — Fri, 08 Jan 2010 15:55:06 +0000

Thank you for a very interesting article. It got me thinking if Tiger had to make payments to Elin as part of a divorce settlement and she is not a US citizen, would payments in excess of $13K per year be subject to the gift tax?

By: Massachusetts Divorce Law Monitor

Massachusetts Divorce Law Monitor — Thu, 17 Dec 2009 20:50:51 +0000

Monday’s Miscellany…

Hi there, I started out the weekend thinking I wouldn’t have anything to put up today; however, thanks to my fellow bloggers I have some great links! First, from Taxgirl, a post on child support. I have gotten similar inquiries……

By: Lesson Learned: Even Madams Pay Their Taxes | taxgirl

Lesson Learned: Even Madams Pay Their Taxes | taxgirl — Fri, 11 Dec 2009 13:46:16 +0000

[...] scandal. I mean, you can pretty much turn on any channel at any time and hear all about it. And, except for the potential prenup/divorce issues, it has zippo to do with tax. And this is a tax blog. And even I have [...]

By: Evan

Evan — Mon, 07 Dec 2009 21:53:39 +0000

“and a tiny voice inside tells me if she did have any part to play in the accident it was a woman who had reached the end of her rope after being fed a line “it won’t happen again..”

I don’t care how many times, with how many girls Tiger cheated…picking up an iron, wood or even a putter IS NOT A VIABLE ANSWER. If it is not okay for a man to do it, then it is not ok for a woman to do it.

By: Kelly

Kelly — Mon, 07 Dec 2009 01:42:15 +0000

Jansen,
It’s my understanding from my colleagues that Florida law considers adultery for purposes of determining spousal support. IF it’s true that they haven’t been married long enough for the prenup, and Elin isn’t bound by it, then she could, in theory, ask for at least half of everything he has and could perhaps get it as alimony. That’s a lot more than $55 million is my guess.
But if she stays married for the term of the prenup, she’s bound. He would have to pay her to stay married to make it worth her while.
At least that’s the way that I understand it.
Or at least that’s the scoop

By: uberVU - social comments

uberVU - social comments — Sun, 06 Dec 2009 20:49:01 +0000

Social comments and analytics for this post…

This post was mentioned on Twitter by taxgirl: Taking Tiger By the Tax Tale http://bit.ly/7ZSHH2 – thanks @chicagoduilaw for the tip!…

By: Veracity

Veracity — Sun, 06 Dec 2009 19:50:05 +0000

Your article is the FIRST that really interested me regarding the Tiger Affair, or should that be AFFAIRS? Have wondered right away if Elin is US citizen and if her citizenship is complicating matters from the initial accident to the REST OF THE STORY! Have been puzzled why she would EVEN entertain renogiating a pre-nup with so much that has come to light. (and a tiny voice inside tells me if she did have any part to play in the accident it was a woman who had reached the end of her rope after being fed a line “it won’t happen again..” The marital assets are HUGE, the dollar figures floating in the press seem very LOW and signing anything would be outside of her interests. BUT if she is an NONCITIZEN that could help explain ALOT, couldn’t it? From why Tiger thought he could behave as he apparently has, to the blackout immediately following the accident, to actual possible financial scenarios in play right now. Could Elin take the children to Sweden or outside the US or if she wants to separate could she be threatened she might be forced to leave to US because of her citizenship? This all happened in Florida afterall. You mention some of the possible tax consequences. Elin if not a citizen of the US could live anywhere, and the Woods have homes outside the US don’t they? So your article says that receipents must claim alimony as taxable income, what about if the receipent lives and is a citizen of Sweden? Those kids have dual citizenship if Elin is still a Swede, don’t they? (may anyway, would be interested to know how citizenship works for the children if a nonUS citizen gives birth in the US and does or does not become a naturalized US citizen. And what happens if she becomes naturalized AFTER giving birth in regards to the child’s (possibly children’s) citizenship(s). I can’t fathom why Tiger would pay any of the “tarts” a dime. If I were Elin, that would only further insult and betray me and incent me to leave the US and take the kids with me, if possible! Considering her desire for privacy rivals or tops her husband’s it seems very logical to me she may want to get out of the US and get her children to a safe haven. Your article touched on one extremely interesting angle. I hope more articles will address this angle. The other angle that seems to have been largely forgotten or lost is the real medical uncertainities that a cheating spouse creates for his wife and possibly children. Multiple sex partners is dangerous. And testing takes two years doesn’t it? And the timeline can slide if a partner continues to cheat, right? Why would Elin agree to sign ANYTHING until she can reach a peace of mind moment to KNOW she or her children have not been physically harmed by Tiger’s cheating? Shouldn’t any financial agreement she is presented right now clearly stipulate that her health must not have been harmed in any way? If, and GOD FORBID, she or one of the children have been harmed physically because of Tiger’s cheating, then tax matters and citizenships are the least of Tiger’s worries!

By: Jansen

Jansen — Sun, 06 Dec 2009 17:32:08 +0000

The Daily Beast suggests that the 55M is just to prevent her from pulling a US weekly slander campaign – is that really worth it?

By: Tweets that mention Taking Tiger By the Tax Tale | taxgirl -- Topsy.com

Tweets that mention Taking Tiger By the Tax Tale | taxgirl -- Topsy.com — Sun, 06 Dec 2009 15:52:03 +0000

[...] This post was mentioned on Twitter by Kelly Phillips Erb, TaxNewz. TaxNewz said: Taking Tiger By the Tax Tale [taxgirl] http://bit.ly/5YQPq0 [...]