Divorce Taxation Issues

Santa Clara County Divorce Tax Law Attorney John S. Yohanan

As a Santa Clara County divorce attorney with over 30 years of experience, John S. Yohanan can answer all of your questions about divorce taxation issues. As an experienced divorce lawyer, he can guide you through the entire divorce process. For a knowledgeable lawyer and an aggressive advocate for your best interests, call 408-297-0700.

Tax Consequences

There are potential tax consequences in every divorce proceeding. These consequences will typically affect the actual value of a divorce settlement. These consequences should be considered by your attorney.

Tax issues that need to be considered include:

  • Spousal Support: in order for tax recognition payments must be by court order and the parties cannot reside in the same household.
  • Capital Gains: the division of short & long-term investments can result in an unequal division of assets after consideration of potential taxes.
  • Deferred Equalization Payment: IRS regulations must be complied with to ensure that an equalizing payment that is deferred will be a nontaxable event.

These examples are of course not intended to be an all-inclusive list of potential tax consequences.

I have more than 30 years of experience in family courts in the San Jose & San Francisco Bay Area. As such an experienced Northern California divorce lawyer, I know the importance of close attention to tax considerations. No matter how complex your divorce and tax issues are, you have an experienced ally on your side.

Unexpected taxes related to divorce can frustrate both parties and lead to unintended consequences. A skilled and experienced divorce lawyer, however, can help divorcing parties avoid these unexpected taxes and help maximize the value of the divorce settlement. Unnecessary tax burdens or penalties can often be avoided through proactive measures and careful analysis of financial records. With the right lawyer on your side, you can achieve the most advantageous divorce settlement possible.

A Divorce Lawyer to Help you Avoid Unexpected Taxes

I am thoroughly familiar with the consideration of Federal and California divorce tax law issues. Your case will be evaluated and referred to a C.P.A. for further opinion as may be required. As a member of the U.S. Tax Court bar, I can help you pursue a favorable divorce settlement through close attention to the tax attributes of your various alternatives. Your long-term financial health may be contingent on having such a qualified attorney representing you.

If you have questions about the affect of state and federal tax law on spousal support, child support and college expenses, various types of retirement or investment assets, or other complex marital assets, contact the San Jose law office of John S. Yohanan to schedule a consultation.