Connecticut celebrity-watchers may be interested to learn that Pamela Anderson divorced her husband Rick Saloman for the second time. The report stated that Saloman was required to pay Anderson $1 million when their divorce was finalized.
The divorce made headlines for multiple reasons. For Anderson, this marks her fourth divorce. She previously married Saloman in 2007 only to have the marriage annulled two months later. She was also previously married to Tommy Lee and Kid Rock. Saloman and Anderson remarried in 2013, though Anderson filed for divorce the following year.
Part of the reason the marriage seems to have failed is taxes. According to various reports, Anderson questioned Saloman’s tax issues and allegedly made claims regarding tax evasion. In general, the IRS does not receive much in the actual divorce; couples can transfer money and property tax-free. However, the property or financial assets that are received in the divorce agreement can affect future taxes that may be owed. For example, if Anderson invests the money she received in the divorce, she would be responsible for any associated taxes.
The division of property in any divorce, including high-asset divorces, can be difficult. Because property division can affect future taxes, an attorney can assist with negotiating a settlement that takes the future into account. Since Connecticut is an equitable distribution state, the attorney may work with their client to help them receive a fair share of the marital property by assessing the value of the property and determining what taxes may be associated with that property in the near future. This way, a spouse who receives less will not be responsible for more in taxes.
Source: Forbes, “Pamela Anderson Divorces Rick Saloman Again, Gets $1M Settlement“, Robert W. Wood, April 30, 2015