Tax Checklist for Knotty Divorces

Author: Eva Rosenberg, Armand D'Alo, Robbin Marguerite D'Alo

This course will address the top ten tax issues that attorneys do not address properly when preparing divorce documents, filed with the Court. Participants will get a Checklist to use in each divorce file.

Publication Date: March 2021

Designed For
Tax practitioners at all levels regardless of tax practice who want to protect their divorcing clients interests and their own. This is also an excellent resource for individuals in the midst of divorce to help them identify key tax issues before signing their divorce agreements.

Topics Covered

• Why is this Checklist Necessary?
• The 8 Pre”martial Questions
• Tools — THE Divorce Checklist
• Alimony and the Tax Cuts and Jobs Act
• Not Defining 'Support' Clearly
• Characteristics of Alimony
• Child Support
• Joint Custody Issues
• Marital Assets
• Address the Day”to”Day Problems
• The Final Year Tax Returns
• Deducting Divorce Costs
• Post”Divorce Arrangements
• Bifurcation

Learning Objectives

• Identify ten key tax issues that have the most impact on divorcing couples
• Recognize the most frequent pieces of information missing from divorce agreements, sales contracts, business associations, etc.
• Identify which state is considering electing out of alimony for state purposes
• Describe how many types of payments there are within a divorce
• Identify which issues should be addressed before the divorce is final
• Recognize types of alimony
• Recognize which forms to use in various client scenarios

Level
Intermediate

Instructional Method
Self-Study

NASBA Field of Study
Taxes (2 hours)

Program Prerequisites
Basic experience with divorce tax issues.

Advance Preparation
None.