The 2017 TCJA will impact how divorces are settled

Heather Locus explains how the 2017 TCJA enacted changes to taxable income and its impact on how divorces are settled. “Many high-net-worth couples may want to move quickly in order to preserve some important financial options. Couples who finalize their divorce agreements this year have many more options since the most significant rules impacting divorce go into effect on New Year’s Day 2019.” To find out why, read New Tax Law Helps & Hurts High-Net-Worth Divorce Cases, Family Lawyer Magazine, March 31, 2018.