BNY Mellon: How the Tax Cuts and Jobs Act Affects Divorce Settlements

Carlie Headapohl, CDFA®

May 3, 2018

The Tax Cuts and Jobs Act of 2017, signed by President Trump on December 22, 2017, made a number of important changes to the Internal Revenue Code, some of which either directly or indirectly relate to divorce.

Due to the speed with which the law was enacted, there are many uncertainties in the interpretation and application of the changes. However, family law attorneys and other advisors must be proactive in ensuring they understand how these changes may affect their clients, particularly as they concern alimony, exemptions and deductions that could impact their clients’ bottom line.

Read Full Article

Want new articles before they get published?
Subscribe to our Blog.

*Your information will be kept private and not shared with any 3rd party.

Your Money Advocate

We envision a divorce process that allows you to keep your money in your family by developing affordable, common sense solutions that are compassionate, straightforward and transparent, resulting in empowered decision making.

Contact Us

Office Hours: M-F, 9am-5pm
Call Us: 858-342-7756

Copyright © 2018 Your Money Advocate. All Rights Reserved. Site by Jolly Creative Agency