My Hometown Lawyers | Spotlighting Family Attorneys in 85253 | Phoenix, AZ
Rand and Associates | Serving Paradise Valley
Our law firm has been handling family cases just like yours for decades.
From this lawyer: The tax implications of divorce are very important, so you'll want to review them carefully with your lawyer as well as an accountant, particularly if you have extensive assets.
A few things to consider - Alimony is tax deductible to the recipient; child support and distribution of property are generally tax neutral to either party.
Also, be careful when dividing assets such as stock, because of capital gains concerns.
This local legal business card was created by the team at My Hometown Lawyers. We spotlight one family law firm per zip code and laws can vary from state to state. If a divorce involves valuing business assets, such as a medical practice or family business, a lawyer who specializes in these matters if recommended.