Although it’s not recommended for everyone, trusts can sometimes be used for tax planning and equitable distribution if the situation calls for it.
Blog posts created by this author
Structuring Tax-Free Property Settlements Between Divorcing Spouses
Utilizing Section 1041 of the Internal Revenue Code, divorcing spouses can achieve tax-free property settlements. Read on to learn more.
Beware of ‘Double Dipping’ When Valuing a Business During Divorce
When valuing a business during a divorce, you run the risk of counting the value of the business twice. This concept is called “double dipping.”
Tax Planning for Retirement Plan Distributions Between Divorcing Couples
Distributions from qualified retirement plans made in the context of divorce negotiations could have unintended tax consequences if not structured properly.
Social Security Planning for Divorced and Divorcing Couples
If you plan to file for spousal benefits in the future, keep these social security changes in mind to help you navigate the process.
Potential Tax Filing Statuses for Divorcing Couples
After a divorce, tax filing can become tricky as several filing statuses become a possibility. Find out what the options are for divorcing couples.
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