by Shawn Weber | Aug 2, 2024 | Alimony, Attorneys, For Professionals, Spousal Support
When handling divorce cases, particularly in California, one critical issue is whether to terminate or retain the court’s jurisdiction to award spousal support in the future. This decision isn’t about whether to initially award support or terminate...
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,...
