May 14, 2015

How does the Government look at Asset Transfers in a Divorce?

How does the Government look at Asset Transfers in a Divorce?

A lot of people don’t like the IRS. There are lots of little gotchas that can put people on the hook for large sums of money. Sometimes these hit during a divorce, and sometimes much later when split property is cashed out. It depends on the asset in question.
In most cases, when there is a tran…