Tax Warrior Chronicles

Tax Impact of Divorce

Posted on Thu, Dec 05, 2019

By: Stefanie Ostrich, CPA

 

Divorce brings many changes to the lives of families.  It can also bring a number of financial planning opportunities.  All should be discussed with both your tax professional and attorney and addressed in your divorce agreement. Today, we’ll discuss a few tax-specific topics to include in those crucial conversations.

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Life Transitions: Tax Implications of Divorce or Legal Separation - Part I

Posted on Mon, Jul 14, 2014

Taxes impact all aspects of our lives; from birth to death and everything in between. This is especially true in the realm of divorce or legal separation. In addition to the many personal issues the divorce process entails, several tax concerns should be considered to ensure that costs are minimized and that important tax-related decisions are properly made. Emotions can run high during this time, but a failure to acknowledge and address important financial issues can make the process even more stressful.

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