FlyerTalk Forums - View Single Post - Miles & Points in Divorce Settlement
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Old Sep 23, 05, 11:36 am
  #8  
dhuey
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Originally Posted by CaveatEmpty
Cash value? Methinks you don't want to go there.
How many times have we heard about 'winners' that turned down their miles/points 'prizes' because of the tax liability... is she ready to fork over a fat % of the take ?

Smart choice: one can book award travel/stays to 'gift' to another party.

Leads one to wonder if the interest is in actually *using* the points, or just burning the guy...
/.
There are no "prizes" in divorce court. I'm sure the litigants there do not confuse the experience with being on The Price is Right. Yes, tax issues come up in divorce settlements, but this matter is a straightforward division of assets with no income tax implications.
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