Columbus Divorce Tax Planning Lawyers
Helping Clients Sort Out Complex Tax Issues
The tax matters and the implications of taxation on support and the distribution of assets and liabilities that arise in a divorce or dissolution of marriage are often the last things on our clients’ minds, but important nonetheless. An experienced tax planning attorney at the Law Offices of William L. Geary in Columbus can assist you with tax issues during divorce. We work with tax and accounting professionals to provide the proactive guidance our clients need to minimize or avoid serious tax consequences during the dissolution of a marriage.
Tax issues may apply to almost any financial aspect of a divorce, including:
- Property settlements
- Alimony or spousal support agreements
- Child support
- Sales of assets
- The offset associated with ownership of a business interest or professional practice
- Liquidation of retirement assets
- Transfer or sale of real estate.
Call (614) 289-1227 today to schedule an appointment at the Law Offices of William L. Geary.
We Work with Experts to Prepare Your Case
We regularly work with a dedicated team of financial, accounting, and tax experts who can work in conjunction with your current CPA or financial adviser to develop a sound strategy for minimizing the potentially significant tax penalties which may accrue during a divorce.
Our experts can provide you with specific advice in handling tax matters related to a comprehensive range of separate and marital property and assets, including:
- 401(k)s, pensions, IRAs, and other retirement funds
- Stocks, bonds, and investment portfolios
- Inheritances, trusts, and gifts
We also offer specific solutions related to child support, mortgages, property settlement, debt allocation, and spousal support payment options, which can help to minimize the impact of a divorce on your tax burden. Resolving all issues contained within the separation agreement can be quite complex, especially in cases involving substantial assets. A well-conceived strategy should minimize the impact of taxation on both parties, while preserving the strongest “after tax” position for each after the divorce is completed.
Turn to an Experienced Legal Team
Choosing an firm backed by decades of experience means that you have access not only to sound legal advice and experienced representation but also experts who can help analyze your financial and tax situation in detail.
Contact our Columbus, Ohio, offices today or call (614) 289-1227 to schedule a detailed consultation with an experienced lawyer who fully understands the need for tax planning in a Columbus divorce or dissolution.
Case Examples
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Child Support Enforcement Agency’s Payment of Attorney Fees to Our Client
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Custody to Father (Child Relocated from Japan)
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Custody to Unrelated Couple
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Divorce/Business Valuation
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Retrieval of Children Who Had Been Taken from State and Hidden from Father