“Hurry Up and Get a Divorce?”

“I have never wanted to counsel people, hurry up and get a divorce,” said Fern Frolin, a divorce lawyer at Mirick O’Connell in Boston, whose clients often have high incomes. “I always want to say, ‘Take your time, think if this is the right thing for you.’ But in this particular instance, we could be talking about 15 to 20 years of support, and shifting the tax burden for the last years of a person’s working life.”

The New York Times published an article on July 2nd explaining the ins and outs of the new Republican tax law, and why those with substantial income would do well to finalize their dissolution before 2019. See the article here, along with Broder & Orland LLC’s commentary on the same!