- Estimate the tax liability now and include and allocate it as part of the property division.
- Include language to share in the tax liability when return(s) are filed next year.
- Consider whether it makes sense to load-up itemized deductions from the year to the higher earning spouse to help offset liability (i.e. real estate taxes, mortgage interest, charitable contributions).
Zooming into a Stress-Free Divorce: How Zoom Meetings Offer Comfort and Convenience
In recent years, how we handle many of life’s pivotal moments, including the sensitive divorce process, has shifted dramatically. The introduction of tools like Zoom into the collaborative divorce process has transformed how meetings are conducted and brought...