Author: Pasternak & Fidis

April 9, 2018

Premarital Agreements, Alimony, and the Tax Cuts and Jobs Act

The Tax Cuts and Jobs Act has eliminated the tax treatment of alimony that has been in place for more than 75 years.  Under the old law, alimony is deductible from the income of the payor and includible in the income of the recipient, provided the parties comply with the specific requirements of the Internal […]


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April 2, 2018

Impact of the 2017 Tax Cuts and Jobs Act on Divorcing Families

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In December 2017, Congress rushed to pass the Tax Cuts and Jobs Act:  a 503-page document that drastically alters several of the popular tax credits and deductions around which many divorcing families structure their financial planning.  This first major tax reform in decades affects taxes beginning in 2018 and will have a significant impact on […]

March 9, 2018

Tax Cuts and Jobs Act: Impact on Estate and Gift Planning

The Tax Cuts and Jobs Act (the “Act”), signed into law at the end of December, includes major changes to the Internal Revenue Code.  The Act is the most sweeping tax legislation to be enacted in decades and affects nearly all American taxpayers.  Under the Act, the federal estate, generation-skipping transfer (GST) and gift tax […]

January 30, 2018

State Estate and Inheritance Taxes after the Tax Cuts and Jobs Act

The doubling of the federal estate tax exemption under the Tax Cuts and Jobs Act has moved many wealthy Americans away from the impact of the federal estate tax.  However, state estate taxes and inheritance taxes remain a factor in estate planning for residents of a number of states, including Maryland and the District of […]

January 29, 2018

The District of Columbia Death with Dignity Act

The District of Columbia Death with Dignity Act allows an adult D.C. resident who is terminally ill (i.e., medically confirmed to have less than six months to live) to request medication to voluntarily end his or her life. In order for a patient to participate in the Death with Dignity program, the following requirements must […]

October 18, 2017

Changes to Maryland Law Increase Ease, Efficiency, and Consistency in Family Law

The Maryland General Assembly recently took several actions impacting domestic relations that will increase ease, efficiency, and consistency for those navigating the family court system. Domestic Violence Orders Admissible in Maryland Divorce Suits Protective orders (a form of domestic violence order) are designed to end and prevent abuse between family or household members.  Current or […]

October 17, 2017

“To my descendants, per stirpes…” (or… How do we pass the Packers’ tickets to our grandkids?)

Years ago, I described to a close friend (let’s call her Cathy) the difference between a division among descendants per stirpes and a division among the same descendants per capita at each generation.  In the midst of my explanation, Cathy suddenly exclaimed, “Oh!  You mean like the Packers’ tickets?”  This was a Eureka! moment; yes, […]

October 10, 2017

Life Insurance and Divorce – Virginia Legislature Extends Authority of Divorce Courts Over Life Insurance Policies of Spousal Support Obligors

Spousal support is an important element of many divorces.  When couples have been married for a long time, have supported each other’s careers, and have made sacrifices in their own lives in order to provide that support, alimony is often essential to afford former spouses financial security as they rebuild their lives as individuals outside […]

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