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  • Divorce and Taxes

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    During a divorce, it’s important to make sure your finances survive this transition. That’s why NPN has partnered with the Law Office of Jennifer Guimond-Quigley to develop a three-part video series that explores the financial implications of divorce and how to keep your finances afloat during this life change.

     

    Is property division in a divorce a taxable event? How do we divide taxable accounts such as IRAs and 401(k)s without penalty? What are the tax impact(s) of maintenance and child support? These questions are common and it's important for anyone going through a divorce or considering a divorce to have an understanding of the tax impact of certain events they may encounter. In this third installment of a three-part series that addresses financial considerations in divorce, Jennifer Guimond-Quigley of the Law Office of Jennifer Guimond-Quigley will discuss the impact of some of the most common transfers, transactions and payments pursuant to a divorce.

     

    This is a member's only video, please join to watch!

    JGQ headshot.jpgJennifer Guimond-Quigley owns and operates a family law practice in downtown Chicago, focusing exclusively on family planning and litigation.  She has been a part of the NPN community since 2009 in various capacities, including presiding over its Board of Directors from 2013–2017. In her spare time, Jennifer loves exploring all the city has to offer with her husband and two kids.

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