Nicole L. Goetz Moderates Presentation on Tax Consequences in Equitable Distributions
Nicole L. Goetz moderated a discussion between Thomas J. Sasser, Esq. of West Palm Beach and David L. Manz, Esq. of Marathon, on the issue of tax consequences in equitable distribution awards. The discussion included questions and answers addressing the speakers’ differing positions on various issues relative to tax consequences in equitable distributions. Specifically, they addressed whether a trial court is required to reduce assets for potential tax consequences, including future tax consequences, the lawyer’s responsibility to present evidence to the trial court of tax liabilities and contingent tax liabilities, and unequal distributions as alternatives to immediate offsets for future taxes, as well as the viability of the Imminent Sale Doctrine in divorce cases. The live audio webcast presentation, “To Tax Effect or Not: Does the Imminent Sale Doctrine Still Exist?” was jointly presented by the Florida Bar Continuing Legal Education Committee and the Family Law Section of the Florida Bar and is available from the Florida Bar in Audio CD.