Inherited IRAs
Jennifer Thomas, CFP® answers a listener’s question on what to do with an inherited IRA.
Jennifer Thomas, CFP® answers a listener’s question on what to do with an inherited IRA.
Taxes play a very important role in shaping a divorce settlement. Some items, like alimony or cash settlements, are taxable to the spouse who receives it, while child support payments are not. For more information on important divorce tax issues, read this C.P.A. Insight.
There is often a need for financial planning prior to a divorce, as high emotions can lead to poor financial decisions.