Arizona Divorce Process and Taxes

When in an Arizona divorce, it is very important to plan the transfer of property between spouses very carefully. In most cases, no taxable income is recognized on the transfer of property such as stocks and real estate between spouses. Unfortunately, taxable consequences can be quite severe post-divorce if tax considerations are ignored. In order for non-recognition to apply, the transfer of property must be considered “incident to a divorce.” To qualify, the transfer must occur … [Read more...]

Simmons & Gottfried, PLLC
8160 E Butherus Dr, Suite #7 Scottsdale, AZ 85260
Phone: (480) 998-1500