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Divorce Transfers & Settlements#492424

Tax

Online Book, Online Exam
$25.00
Hardcopy Book, Online Exam
$37.00

Credit
Amount
CPA
2
CFP®
2
EA / OTRP
2
CDFA®
2
Course Author: Danny Santucci Field of Study (CPA): Taxes Field of Study (CFP): Tax Planning Field of Study (EA/OTRP): Federal Tax Law

Course Description

Course publication/revision date: This course was updated on 1/29/2024 (covers 2024 tax year).

Note: This course is an abbreviated version of the second chapter from the course Divorce Tax Planning.(by the same author).

Participants will learn how to apply, implement, and evaluate the strategic tax aspects of marital dissolutions and living together arrangements. Current perspectives on property transfers and asset divisions are examined with an emphasis on planning considerations. This mini-course reviews property settlements and other transfers incident to divorce. Basis allocation, third party transfers and purchases between spouses are also examined. Common pitfalls for the unwary such as transfers in trust, installment notes, and purchases between spouses are analyzed. Application of these tax principles is exampled in selected asset divisions of the residence, business interests, insurance, and pension benefits.