LONDON: Billionaire couple Jamie Cooper Hohn and Christopher Hohn fight out their divorce in London Family Court

business taxes owed to the IRS

LONDON: Divorce Capital of the World The UK Guardian reports that billionaire (but frugal) couple Jamie Cooper Hohn and her husband Christopher Hohn are duking it out in a London court. The couple who met at Harvard and who has four young children are Worth in excess of 1.4 billion dollars. Mr Hohn is said …

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LONDON: Tchenguiz/Imerman divorce files: What does “marital fiduciary duty” have to do with it?

ENGLAND: Is there such a thing as a “marital fiduciary duty” in England? The reason I ask is that I just read about the divorce case between Vivian Imerman and Lisa Tchenguiz on Times Online. Imerman is a multi-millionaire, who, like a lot of wealthy men these days, claimed he was broke when it was …

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NEW YORK: In New York, inheritances are off the table in divorce but not so in London?

divorcing a dentist

Really quickly, inheritances are off the table when you get divorced in New York, unless you “commingled’ the assets with marital property. So when you get divorced, if your spouse’s wealth is mainly from an bequest or devise or he or she was an heir to a fortune, forget about getting your “equitable share.” You …

Read moreNEW YORK: In New York, inheritances are off the table in divorce but not so in London?