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Had a general question for those of you who are independent contractors and save income through a corporation .
When you undergo seperation ,the money in your corp is pretax income .
Suppose if I have 500k saved there and ex wants half/250k in that ,then I withdraw 500k to pay her from the corp and I pay250k in taxes,effectively left with nothing .
Is there a discount when you value corporations ?
When you undergo seperation ,the money in your corp is pretax income .
Suppose if I have 500k saved there and ex wants half/250k in that ,then I withdraw 500k to pay her from the corp and I pay250k in taxes,effectively left with nothing .
Is there a discount when you value corporations ?