Defensive Divorce

Description

This course will teach participants how to apply, implement, and evaluate the strategic tax aspects of marital dissolutions and living together arrangements. Current perspectives on property transfers, asset divisions, alimony, filing status, exemptions, and child support are examined with an emphasis on planning considerations. Property settlements, basis allocation, third party transfers, and purchases between spouses are explored and analyzed. Special attention is given to the division of business interests, retirement plans (including QDROs), insurance policies, and the family residence.

Highlights

• Property rights • Premarital agreements • Application of 1031 • Incident to divorce • Property basis • Purchases of residence between spouses • Purchases of business interests between spouses • Selected asset divisions of residence & business interests • Real & personal property • Pension benefits

Objectives

Identify the various forms of marital property and how to proceed with a tax structured property settlement noting the benefits of pre-marital agreements to avoid potential divorce problems.

Designed For

This program is appropriate for professionals at all organizational levels.