Divorce Attorney's Guide to Taxes

Agenda / Content Covered

1. Filing Status of Divorcing Parties
   11:00 — 11:20, Tifanne Wolter
2. Reading Complex Tax Forms: Step-by-Step
   11:20 — 11:45, Tifanne Wolter
3. Tax Pitfalls When Assets are Sold/Transferred
   11:45 — 12:05, Tifanne Wolter
   1. Tax Basis of Assets; Review of Capital Gains and Losses
   2. Capital Gain Impact on Division of Investment Accounts and Other Assets
   3. When/How to Transfer Property to Minimize Pitfalls
   4. Foreclosure/Cancellation of Debt
4. Tax Impact of Dividing IRAs, Keogh Plans, Retirement Accounts/Pension Plans
   12:05 — 12:30, Tifanne Wolter
5. Child Tax Benefits
   12:45 — 1:05, Tifanne Wolter
6. Itemized Deductions, Real Estate Taxes and Mortgage Interest
   1:05 — 1:30, Tifanne Wolter
7. Tax Carryovers
   1:30 — 1:50, Tifanne Wolter
8. Issues on Innocent Spouse Rules
   1:50 — 2:15, Tifanne Wolter

Accreditation Details:

Christine Douglas is the founding member of Keating Douglas, LLP. She practices solely in the area of family law and is a Certified Family Law Specialist, as certified by the Family Law Certification Board. Her practice includes: adoptions, custody disputes, domestic partnership agreements, divorces, grandparent visitation, guardianships, parenting time enforcement, paternity cases and premarital agreements. She has extensive mediation and trial experience and completed the American Bar Association's Family Law Trial Advocacy program. Ms. Douglas has been practicing for more than 20 years managing complex family law matters. Additionally, she is a trained collaborative law attorney, parenting coordinator and guardian ad litem and prefers seeking holistic resolutions in family law matters. She received her B.A. degree from Purdue University and earned her J.D. degree from Valparaiso University School of Law.

Tifanne E Wolter is an attorney with Henningson & Snoxell Ltd. She has practiced family law exclusively for more than a decade. Ms. Wolter has assisted a wide array of clients with divorce, custody, paternity, child support, third party custody, parenting time, and domestic abuse matters. She is trained in collaborative divorce and mediation, and, upon graduating from law school, she obtained a certificate in dispute resolution from Hamline University School of Law. After earning her Juris Doctorate degree, Ms. Wolter worked for Legal Aid and helped victims of domestic abuse and low income clients with family law issues. She is the past chairperson and representative to the assembly for the Minnesota State Bar Association (Family Law Section). Ms. Wolter has been involved with the Family Law Section for many years. Previously she was the vice chairperson and chairperson of publications. She earned her B.A. degree from Concordia College, Moorhead, Minnesota and her J.D. degree from Hamline University School of Law, St. Paul, Minnesota.