Legal Question in Tax Law in New York

Hi.
I wonder if my wife will need to pay tax on the large sum of money that she will be receiving from me as part of divorce settlement?
Thank you,
Ed

Asked on 10/29/09, 11:29 am

1 Answer from Attorneys

Norman Nadel Norman Nadel, Esq.

0 users found helpful

0 attorneys agreed

If documented properly there will be no income tax.

Answered on 11/03/09, 12:25 pm

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