in this episode, Director of Family Law Forensics Sandi Perez explains how prenuptial agreements stand up in contested cases.
In this episode, Associate Director of Wealth and Tax Services Sarah Gaymon explains the importance of carefully selecting a trustee.
In this episode Director of Family Law Forensics Sandi Perez explains how couples in divorce situations can benefit from financial analysis and investigations.
On July 8, 2022, the IRS released Revenue Procedure 2022-32, which provides a simpler method for estates with widows or widowers to elect portability of the deceased spousal unused exclusion (DSUE). When a spouse dies with unused lifetime gift and estate-tax exclusion amounts, it is often a decision for the executor and the widow or […]
The Florida legislature has finally made good on its decade-long attempt to change the state’s alimony laws, approving SB 1796 and sending it to Governor DeSantis. With the governor’s signature, the new law would go into effect on July 1, 2022, and apply to open cases as of that date and to new cases filed thereafter. […]
When establishing a trust, grantors must take special care to ensure trust documents clearly communicate how they intend the trust and its assets be treated for income-tax purposes. While there are a variety of different types of trusts with assorted names and features to meet an equally broad range of needs and goals, one of […]
The recent announcement that billionaire couple Bill and Melinda Gates are ending their nearly three-decade marriage highlights the continuing rise in late-life divorces at a time when the national divorce rate among all age groups is declining. With these so-called graying divorces comes an assortment of unique challenges related to divvying up assets, including often-sizable […]
A recent circuit court decision in Palm Beach County, Fla., has the potential to change three decades of case law concerning the valuation of business goodwill and equitable distribution of business assets during divorce proceedings. The trial court in the matter of Stephanos v Stephanos accepted the wife’s expert opinion that none of the business’s residual value, […]
Among the many financial and emotional issues that couples will encounter on their road to a divorce are the implications that a final dissolution of marriage will have on their taxes. Following are some important tax-related issues for separated and divorcing couples to keep in mind. Tax Filing Status Legally separated and divorced couples have […]