Tax Cuts and Jobs Act of 2017 Effects on Alimony Litigation

Tax Cuts and Jobs Act of 2017 Effects on Alimony Litigation

Kelly Schmid, director of valuation services, examines how divorces executed after December 31, 2018 will be affected by the Tax Cuts and Jobs Act of 2017. Kelly discusses the numerous ways that the Act will affect how alimony is negotiated, as well its possible impact on prior divorce agreements, which should be revisited.