CONSUMER FINANCE: Don’t Let Divorce Cause Years Of Tax Problems

Divorce attorneys often don’t address tax issues

–Legal fees, “family support,” exemptions among thornier topics

–Divorce mediators could help settle problems faster, with less fighting

Some ugly things can happen during the course of a divorce–and the problems can go on for years if your attorney is not well-versed in tax issues.

Even when the split starts out amicably, one or the other spouse does something mean–and the battle is on. One amicable divorce ended up being so horrid the fees on each side exceeded $100,000–and the woman’s mother had to file an intervention to keep Mom’s assets out of …

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