Helping You Navigate The Tax Implications Of Divorce

Divorce is complicated enough without worrying about the tax and financial implications. In divorces that include property division and complex issues, many aspects can have serious tax ramifications. People often overlook the impact divorce will have on their taxes. Understandably, issues such as child custody and dividing your property take precedence. However, it is important that you are fully prepared for potential tax impacts.

At my firm, George Lambeth Metcalfe, P.A., I have over 30 years of experience as a divorce attorney helping clients with their divorce and guiding them on tax-related matters from my offices in Vero Beach and Fort Pierce. Whether you are concerned about the tax consequences of child custody time-sharing arrangements or how the division of your property will impact you, you can rely on my solid and transparent counsel.

Transparent Tax Guidance During Your Divorce

Several potential tax consequences of divorce can leave lasting impacts on your life if not appropriately considered and dealt with. As an attorney admitted to the U.S. Tax Court, I have the experience and knowledge needed to guide you through this confusing aspect of divorce proceedings.

With all the changes that divorce brings to your life, divorce and taxes require detailed analysis. Tax implications of divorce may include:

• Income taxes
• Claiming children as dependents
• Time-sharing agreements
• Alimony and child support
• Property division and taxes on assets

In property division for high-asset divorce cases, such as couples with complex portfolios, it is important to be aware of potential tax consequences to avoid surprises when the divorce and property settlement is finalized. Every situation is different and should be discussed with an attorney with the knowledge necessary to provide sound guidance on tax implications.

Practical Solutions To Complex Problems

All financial and property settlement concerns may have a tax-related issue to examine and evaluate. I have the knowledge and experience to explore these issues and offer practical solutions. Contact my family law firm today to learn more about how I can help you navigate complicated divorce-related tax issues. Call George Lambeth Metcalfe, P.A. at 772-217-8120 or complete an online contact form to schedule a consultation.