The COVID-19 pandemic continues to be a source of financial distress and emotional stress. Tax and bankruptcy issues can add complexity to marriage dissolution proceedings. Especially now, during COVID-19, the increasing rise of tax and other personal debts can cause these matters to be even more overwhelming. It is critical to understand the interplay between tax, bankruptcy, and family law to properly navigate your client?s divorce proceeding.
Understanding how these areas of the law interact is critical to ensuring that your client is not left with a surprising and unmanageable mountain of debts during and/or after the close of their divorce proceeding.
This program will feature a seasoned tax attorney, a certified bankruptcy specialist, and a family law attorney discussing issues that overlap between these areas of law including innocent spouse, fraudulent conveyance, employment tax trust fund recovery penalty, international information reporting requirements, co-debtor stay & community property issues, breach of fiduciary duty and strategies for filing an offer in compromise versus filing for bankruptcy.