Summer 2019 Family Law Newsletter: Implications of tax cut law on divorce
The recently published Summer 2019 Family Law Newsletter highlights the new tax implications to consider in divorce under the Tax Cuts and Jobs Act of 2017, including how alimony is no longer tax deductible for the paying spouse or taxable to the person receiving the payment.
The newsletter, published by partner Gary Owen Todd, analyzes other important issues, such as when pre-marriage business interests become marital property, the complexities of grandparent visitation rights, and the risks of "do-it-yourself" prenuptial agreements.
Mr. Todd, a Founding Partner at the firm, is recognized locally and nationally as a preeminent family law attorney concentrating on domestic relations and probate litigation. He has successfully negotiated, mediated and tried numerous family law issues at the trial court and appellate levels.