Couples going through a divorce usually have a lot on their minds. As such, vital aspects of their financial planning might be overlooked. In the case of tax liability, a green mistake can result in additional financial snags on top of the divorce.
In order to avoid blunders that could further complicate your life and divorce, you should seek the assistance of a tax attorney. Tax issues in divorce proceedings can arise out of nowhere, and only a professional can help you identify them along the way. Further, typical divorce attorneys will sometime try to distance themselves from the tax concerns of a divorce as they want to escape the responsibility.
If your divorce lawyer is not taking into account the tax implications of your divorce settlements, you can miss out on a sizeable amount of what you are rightfully owed. Or, in the worst-case scenario, be extorted for a larger settlement because of past tax noncompliance.
The only way to ensure that you stay compliant and attain equitable divorce terms is by enlisting the help of a divorce tax attorney who appreciates the tax implications of divorce. If you are considering divorce or recently divorced, the attorneys at Brotman Law can help you file relevant taxes, negotiate settlements, and stay compliant with the tax code.
Divorce may be extremely stressful, and leaving unresolved crucial tax issues can make things even worse. A seasoned tax attorney can ensure any divorce or separation arrangement does not subject you to unfavorable tax exposures.