Trump’s Tax Law Could Make Divorces More Bitter
- New tax law prohibits deduction of alimony, starting in 2019
- More cases may wind up in court as an incentive is eliminated
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President Donald Trump’s tax law could make divorce an even more miserable experience, according to a new survey of the nation’s top matrimonial attorneys.
Almost two thirds of respondents said they expect divorce negotiations to become more acrimonious following a change to the tax treatment of alimony, a poll by the American Academy of Matrimonial Lawyers showed. The new law includes a controversial provision that scraps the tax break divorcees get for paying alimony -- starting for divorces finalized next year.