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2. Will I Owe Taxes on a Divorce Settlement? - AOL

   www.aol.com/finance/avoid-paying-taxes-divorce...

   Avoid Paying Taxes on a Divorce Settlement. Any property transferred as part of a divorce keeps its tax basis. There is no step-up basis loophole in divorce proceedings. For example, say that you ...

3. Divorce settlement - Wikipedia

   en.wikipedia.org/wiki/Divorce_settlement

   A divorce settlement entails which spouse gets what property and what responsibilities once the marriage is over. "It deals with child custody and visitation, child support, alimony, health and life insurance, real estate, cars, household items, bank accounts, debts, investments, retirement plans and pensions, college tuition for children, and other items of value, such as frequent flyer miles ...

4. 7 financial mistakes to avoid when splitting assets during a ...

   www.aol.com/finance/7-financial-mistakes-avoid...

   Here are seven avoidable mistakes when it comes to splitting assets as part of a divorce. 1. Keeping the marital home when it’s not financially feasible. In dividing shared assets during a ...

5. Lump-sum tax - Wikipedia

   en.wikipedia.org/wiki/Lump-sum_tax

   A lump-sum tax is one of the various modes used for taxation: income, things owned (property taxes), money spent (sales taxes), miscellaneous (excise taxes), etc. It is a regressive tax, such that the lower the income is, the higher the percentage of income applicable to the tax. A lump-sum tax would be ideal for a hypothetical world where all ...

6. United States v. Davis (1962) - Wikipedia

   en.wikipedia.org/wiki/United_States_v._Davis_(1962)

   Frankfurter, White took no part in the consideration or decision of the case. United States v. Davis, 370 U.S. 65 (1962), is a federal income tax case argued before the United States Supreme Court in 1962, holding that a taxpayer recognizes a gain on the transfer of appreciated property in satisfaction of a legal obligation.

7. Will I Owe Taxes on a Divorce Settlement? - AOL

   www.aol.com/news/avoid-paying-taxes-divorce...

   Divorce settlements can be extremely complicated. While it makes eminent sense to work with a financial advisor as you plan your finances for a divorce, there are several key areas that can hold ...