Carter, Carter & Carter, Attorneys at Law, LLC

Bezos divorce could be interesting family law case to follow

Jeff Bezos, founder of Amazon, and his wife of 25 years, Mackenzie, have recently announced they are getting divorced. This may be an interesting family law case for Georgia readers to follow as it could be the most expensive divorce in history. Technically, Mrs. Bezos could have an equal claim to all assets earned over the course of the marriage, but it is not immediately clear if she will pursue it.

Some divorce experts believe the couple will settle out of court, and Mrs. Bezos will walk away with an extremely generous settlement, though not necessarily a settlement worth half of her husband's net worth. This is because a portion of Bezos wealth is tied up in Amazon stock. If he sold them, he could lose his controlling stake in the company, and reports indicate this is not what Mrs. Bezos wants -- she supposedly wants the family's wealth to continue to grow.

In all divorces, not just the high asset ones, it is beneficial to consider the impact of all divorce-related decisions. By retaining certain assets or keeping a large portion of marital wealth, it could lead to certain tax consequences. A person navigating the property division process would be wise to keep his or her focus on what will ultimately be best in the future. 

Navigating a high asset divorce is not simple. A Georgia reader facing this prospect may find it helpful to work with a family law attorney experienced in financially complex divorces. Before signing an agreement or making decisions that could impact the future, it may be helpful to seek an assessment of the individual case and explanation of the legal options available.

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