The ABA Section of Family Law offers a teleconference and webcast today on Tax Issues Relating to Asset Divisions in Divorce from 1:00 – 2:30 p.m. EST:
During a divorce, the marital assets are divided between the parties. There are tax issues relating to the division of assets. This session will cover the following:
- Valuation issues in a closely held business
- Tax issues relating to the asset division
- Allocation of carryover tax attributes to include net operating losses, capital losses, passive losses
- Alimony versus property settlements — excess front loading
- Home ownership and marital residence issues
- Promissory notes in an asset division
- Latest trend in splitting retirement plans
- Section 529 Plan issues
- IRS notice and recordkeeping requirements
Faculty:
- Christina E. Hilton (Picerelli, Gilstein & Company)
- Patricia A. Thompson (Picerelli, Gilstein & Company)



