by Shawn Weber | Oct 25, 2019 | Attorneys, For Professionals, Spousal Support, Taxation
We see many experienced family law specialists make this common DissoMaster* mistake with the health insurance deduction. When entering the Health Insurance deduction in DissoMaster,* be sure to drill down. There are three options and they make a difference:...
by Shawn Weber | Oct 14, 2018 | Alimony, divorce, Finances, Spousal Support, Taxation
by Mark Hill, CFP, CDFA and Shawn Weber, CLS-F With the passage of the Tax Cuts and Jobs Act of 2017 (TCJA), the deductibility of alimony or spousal support on federal taxes is set to sunset on December 31, 2018. If you plan to divorce or are in the process of a...
by Shawn Weber | May 14, 2018 | Alimony, divorce, Finances, Marriage, Spousal Support
What is a Gavron Warning? The idea of the “Gavron Warning” came from the case In Re Marriage of Gavron, (1988) 203 Cal.App.3d 705, 250 Cal.Rptr. 148. In this case, the parties separated in 1976 after a 25 year marriage. Subsequently, the court ordered the...
by Shawn Weber | Oct 15, 2011 | Attorneys, divorce, Finances, Spousal Support, Taxation
Generally, divorce fees are not deductible. The general rule is that divorce is a personal expense and is not deductible as a business expense. United States v. Gilmore (Gilmore I) (1963) 372 U.S. 39. So the short and easy answer is, “No.” However,...
by Shawn Weber | May 2, 2011 | divorce, Finances, Marriage, Prenuptial Agreement, Property, Real Estate, Spousal Support
Kate and William have no prenup! I don’t know how things work in Britain, but according to California law, any assets currently owned by William or later to be inherited would be his separate property and not subject to division in the event of a divorce anyway....
by Shawn Weber | Feb 23, 2011 | Alimony, divorce, Spousal Support, Taxation
My friend and Certified Divorce Financial Analyst, Justin Reckers, recently did a great post on alimony and taxation. It’s worth a read. Pacific Divorce Management : Alimony Taxation – Part 7.
