Category: Marital Law

Marital Law

2019 Ushers in New Tax Treatment of Alimony by Sandra Perez, CPA/ABV/CFF, CFE

Posted on February 28, 2019 by Sandi Perez

Married couples considering a divorce in 2019 should first meet with their tax advisors and accountants to ensure their settlement negotiations reflect the way in which the new federal tax law treats alimony payments beginning this year. For more than 75 years, alimony was treated as a tax deduction for the payor and taxable income […]

The Tax Implications of Divorce and Separation by Joanie B. Stein, CPA

Posted on October 30, 2017 by Joanie Stein

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 […]

Marriage and Taxes by Joanie B. Stein, CPA

Posted on May 12, 2015 by Joanie Stein

Saying “I do” is a significant life event that will lead to many changes along the road to happily ever after. Among these changes are a range of legal and financial issues that couples should address as early as possible.   Change in Name Individuals who elect to take the last name of their new […]

How to Update an Irrevocable Trust by Jeffrey M. Mutnik

Posted on May 27, 2014 by Jeffrey Mutnik

Rarely is estate planning a one-time endeavor. As the world evolves, so too do families and their circumstances. Grandchildren are born, children divorce and remarry, and decisions made yesterday may not be applicable tomorrow or into the future. Additionally, with the passing of time, new laws are enacted that affect the intended tax and legacy […]

When Estate Planners Work with Business Valuators, Clients Benefit by Sharon Foote

Posted on March 27, 2014 by Scott Bouchner

Business owners who underrate the importance of formally valuing their businesses during estate planning are doing themselves and their beneficiaries a disservice. Rather, business owners should look to their estate planners to involve business valuators early on in the process to improve the effectiveness and efficiency of their estate plans. Oftentimes, the dollars at risk […]

Is Your Estate “Divorce-Proof”? by Sandi Perez

Posted on March 20, 2014 by Sandi Perez

Proper estate planning requires more than allocating money and other assets to beneficiaries in the event of one’s death. It also demands ongoing planning and thorough analysis of a series of “what-if” scenarios that address potential life events, such as marriage, divorce, childbirth and death, that can affect the way in which one’s wishes are […]