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Divorce Interest Payments

Divorce is the formal legal dissolution of a marriage. The divorce process implicates many diverse areas of the law including, but not limited to, real estate, wills and trusts, child custody, and tax.
Ervin Cohen & Jessup LLP

Is Interest Paid in a Divorce Buyout Deductible?

Ervin Cohen & Jessup LLP on

In my last article, I discussed this topic: If the divorce-related buyout of the Departing Spouse’s interest in a company will be paid in installments, what terms should the Departing Spouse request (and the Remaining Spouse...more

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