Virtually all matrimonial settlement agreements we encounter, or draft, contain language that provides for the disposition of a refund of income taxes, paid by the parties during the marriage, in the unlikely event that such a refund is paid out after the agreement is signed.
His, Hers or Theirs
Virtually all matrimonial settlement agreements contain language that provides for the disposition of a refund of income taxes, paid by the parties during the marriage, in the unlikely event that such a refund is paid out after the agreement is signed. But what if the refund that is paid after the divorce is the result of one party's carryback of a post-divorce business (or "operating") loss?
By
Karen M. Platt And Alton L. AbramowitzThis premium content is locked for LawJournalNewsletters subscribers only
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