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Divorce and Taxes

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.

 

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