Untying the Knot: The Taxing Consequences of Marital Dissolution, Part 2

Divorce changes people, especially their financial and tax statuses. Couples and their attorneys must be aware of the many “taxing consequences” of marital dissolution in order to make prudent decisions and plan accordingly.

Several examples of financial factors, asset distribution, and their tax consequences were explored in part one of this series. But untying the marital knot is often a complicated process. Here are additional insights to help you better prepare your clients for fair negotiations.

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