Divorce is difficult. Dividing assets and wealth throughout the process is often complicated and fraught with emotion. However, from a tax and financial perspective, planning opportunities exist when both parties are invested in everyone’s best interest. When we are dealing with situations of divorce, we use our expertise to make sure our clients understand that different assets have different tax liabilities, and we make sure they understand how certain assets of theirs will be taxed. In situations where there are significant assets, deciding who should get what can be a challenge, even in the most agreeable situations.