Legal Question in Family Law in Maryland
divorce
do you have to pay taxes on a divorce settlement
Asked on 3/21/07, 6:12 pm
1 Answer from Attorneys
Robert Sher
Wagshal and Sher
Re: divorce
Your question is an extremely broad and vague one. If your spouse, as part of a divorce settlement agreement, transfers his/her interest in marital property to you there should be no immediate tax implications, if the agreement is drawn up properly.
Answered on 3/22/07, 10:46 am