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February 11, 2004
In re Marriage of Swalley
This decision by the Iowa Court of Appeals is a good primer on alimony and the factors affecting its amount and duration in any particular case. On the subject of property awards, the "key" to whether tax consequences should be considered is whether the sale of an asset is ordered or "otherwise relatively certain." Here, the court found that it was too speculative to predict tax rates 20 years or more in the future to allow an adjustment for tax consequences.
Posted on February 11, 2004 in Alimony, Property Distribution | Permalink
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Main
| How long do I have to wait for my divorce to be final? »
February 11, 2004
In re Marriage of Swalley
This decision by the Iowa Court of Appeals is a good primer on alimony and the factors affecting its amount and duration in any particular case. On the subject of property awards, the "key" to whether tax consequences should be considered is whether the sale of an asset is ordered or "otherwise relatively certain." Here, the court found that it was too speculative to predict tax rates 20 years or more in the future to allow an adjustment for tax consequences.
Posted on February 11, 2004 in Alimony, Property Distribution | Permalink
TrackBack
TrackBack URL for this entry:
Listed below are links to weblogs that reference In re Marriage of Swalley:
Comments
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