Legal Question in Family Law in Minnesota
divorce settlement
my x has to pay me 20,000 to make our division of property even. it is stated in our agreement that he will have the elevator sell grain in my name and write a check to me for the 20,000. who pays the taxes on the grain sold?
Asked on 5/13/08, 12:39 pm
1 Answer from Attorneys
Maury Beaulier612.240.8005
Minnesota Lawyers
Re: divorce settlement
If your court order made no indication of who would pay that fee, it is an unclear issue. Certainly, there is a strong argument that the payment is for a proeprty settlement and, as a result, is not income to the person to whhom it is paid.
For a consultation call 612.240.8005 or visit divorceprofessionals.com
Answered on 5/13/08, 2:08 pm
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