Tax Planning in Divorce
Ohio Divorce and Complex Tax Issues Lawyer
The tax matters that arise in a divorce or dissolution of marriage are often the last thing on our clients' minds. This is understandable. An experienced divorce attorney at the Law Offices of William L. Geary can provide the proactive guidance you may need in order to minimize or avoid serious tax consequences during the dissolution of a marriage.
Tax issues may apply to almost any financial aspect of a divorce, including property settlements, alimony or spousal support agreements, child support, sales of assets, liquidation of retirement assets, and transfer or sale of real estate.
We regularly work with a dedicated team of financial, accounting and tax experts who can work in conjunction with your current CPA or financial advisor to develop a sound strategy for minimizing the potentially significant tax penalties which may accrue during a divorce.
Our experts can provide you with specific advice in handling tax matters related to a comprehensive range of separate and marital property and assets, including:
- 401(k)s, pensions, IRAs and other retirement funds
- Stocks, bonds and investment portfolios
- Inheritances, trusts and gifts
We also offer specific solutions related to child support, mortgages, property settlement, debt allocation and spousal support payment options which can help to minimize the impact of a divorce on your tax burden.
Choosing an accomplished attorney at the Law Offices of William L. Geary will mean that you have access not only to sound legal advice and experienced representation, but that you will also have access to experts who can help analyze your situation in detail and prepare explanatory reports to guide you through the process of marital dissolution.
Contact our Columbus, Ohio, offices today to schedule a detailed consultation with an experienced lawyer who fully understands the tax implications inherent in any divorce or dissolution of marriage.