Divorce comes with emotional upheaval, and it also directly affects the financial rights of both parties. Not the least of these financial concerns is the matter of divorce-related tax implications. At Brotman Law, our seasoned expertise as divorce lawyers for tax issues in Chicago & Illinois are here to effectively and efficiently resolve even the most complex divorce-related tax issues.
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If your divorcing spouse played fast and loose with their taxes, the IRS may offer you relief in relation to a jointly filed return that was — unbeknownst to you — in error. The laws are complicated, but availing yourself of this advantage can lead to considerable savings, and a tax attorney in Chicago at Brotman Law can help.
The equitable — or fair — distribution of marital assets in a divorce often goes hand in hand with tax complications. While issues related to tax deferrals are complicated and the circumstances of your divorce case will guide your best steps forward, Brotman Law has the experience and legal insight to protect your property rights while minimizing your related tax burden throughout the divorce process.
On top of everything else, divorce is a financial challenge, and the IRS is not afraid to go after its own hefty share. The fact is that post-divorce tax surprises can pose serious financial setbacks, and in response, we offer skilled tax guidance that can significantly decrease your divorce-related tax burden.
If you’re facing a divorce, there’s a lot to contend with, and the tax consequences can get lost in the shuffle. Too many people facing divorce fail to take tax concerns into consideration, and their financial rights are often trampled in the process.
Tax issues can arise in relation to your divorce terms, but you may not recognize the financial implications upfront. While divorce attorneys are well equipped to help you negotiate terms that support your financial rights, they often shy away from tax concerns due to lack of expertise.
If you’re looking for peace of mind regarding your divorce-related taxes, the trusted divorce lawyers for tax issues at Brotman Law are standing by to help. When it comes to divorce and taxes, balancing your financial rights with tax compliance that legally minimizes your tax burden is key, and we have a long and impressive track record of doing just that for our clients.
While every divorce is unique and involves its own tax concerns, primary issues tend to include the following:
As you make your way through the divorce process, you shouldn’t lose sight of the attendant tax considerations.
If you’re going through a divorce, you’re facing emotional upheaval, but your parental and financial rights are also on the line. And a not-insignificant concern is the matter of how your taxes will be affected, which can have a serious ripple effect over the course of your future.
The bottom line is that, in the aftermath of your divorce, the last thing you need is a dustup with the IRS. At Brotman Law, we specifically focus on tax concerns, which are often overshadowed by more immediate conflict, and we have a well-deserved reputation for achieving favorable results.
Yes, it’s always in your best interest to have professional legal counsel on your side when you’re facing a tax concern as serious as divorce. Your financial security is important, and Brotman Law appreciates the opportunity to offer trusted tax advice — now and into your future.
Divorce is emotionally and financially challenging, and we offer experienced, focused support that helps to ensure your rights are well accounted for. We employ a holistic approach that takes your best options into careful account and helps you smoothly navigate the journey forward.
The decisions you make while your divorce is pending will have long-lasting financial repercussions, and we tailor our skilled legal counsel accordingly. We’re committed to positioning you for long-lasting success in relation to both your taxes and your standard of living.
While we aren’t counselors, we do appreciate the emotional turmoil you’re experiencing, and our compassion and sensitivity to your unique situation guide us. This includes being available to you when you need us, keeping the lines of communication open, and always affording you the effective legal representation you deserve.
If you’re uncertain whether divorce is right for you and want to know more about the likely financial consequences, you can rest assured that we offer completely confidential services. Attorney-client privilege protects every conversation you have with us, and we take the matter very seriously. Your spouse will never know you reached out to us.
While no divorce is a walk in the park, some are far more complicated than others:
1) The higher your assets, the more complex the division of your marital property and the attendant tax considerations are likely to be.
2) Further, the more contentious your divorce, the more challenging it will be overall.
Ultimately, if your divorcing spouse is more interested in stirring the pot than in negotiating fair terms, you should expect a battle ahead.
For our part, we begin with diplomacy that focuses on orchestrating cooperation between both parties, without ever losing sight of your best interests. This involves compiling all the available facts from all relevant sources — including you, your soon-to-be ex or their attorney, and all applicable tax laws — which helps us evaluate both the degree to which your divorcing spouse is willing to cooperate and potential divorce outcomes.
From here, we’ll work closely with you to create a plan that is in keeping with the involved circumstances and that works for you. Our vast network of legal resources and our wealth of experience successfully guiding challenging divorce cases toward advantageous outcomes inform the work we do, and we look forward to supporting you through this important but difficult transition in your life.
Set up a quick call with our firm's concierge to see if we'll be able to help you. The whole process will take 10 minutes or less. If your matter is urgent we will also help to expedite a meeting with Sam.
Tax law can be complex, confusing, frustrating, and even scary. We're here to help!
IRS Circular 230 Disclosure: To ensure compliance with requirements imposed by the IRS, I must inform you that any U.S. federal tax advice contained in this website is not intended or written to be used, and cannot be used, for the purpose of (i) avoiding penalties under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter contained in this website.
