Spousal Maintenance (Alimony) and the Imputation of Income

Spousal Maintenance (Alimony) and the Imputation of Income

During a divorce proceeding, and once a divorce is finalized, the court may order that one spouse pay alimony, or what Minnesota refers to as spousal maintenance, to the other spouse. ┬áThe primary reason for spousal maintenance is to provide cash flow to a spouse…

Mitigating Tax Liability in Divorce

Mitigating Tax Liability in Divorce

Divorce can be emotional, confusing and sometimes expensive. ┬áDuring a divorce proceeding, any advice to save money, protect cash flow or mitigate tax liability is welcomed by a client. Fortunately, there are ways to address financial issues and mitigate taxes to help offset the existence…