(7665) Cross Border Divorces in a Post-Tax Reform World

Live Zoom webinar by Stewart L. Kasner and Carolina M. Nuche, Holland & Knight. Tax Section members free; non-section members register for only $75, which includes section membership. Course number 7665 is approved for 1 CLE and 1 certification credit each in International Law; Immigration and Nationality Law; International Litigation & Arbitration; Marital and Family Law; Wills, Trusts and Estates, and Tax Law. REGISTER

Significant legislative changes in 2019 impacted the deductibility, income taxation and withholding tax rules associated with alimony payments made to and received by former spouses, including non-U.S. spouses, and created possible exposures to double taxation unless a tax treaty can rectify the whipsaw effect. Additionally, the division of property where either or both spouses is or are non-U.S. persons can trigger unanticipated income and withholding tax consequences, particularly where there is a transfer of US real property. This presentation will highlight those pitfalls and examine tax planning opportunities when structuring alimony payments and property divisions as well as cover other issues that are often overlooked.

Stewart Kasner is a private wealth services attorney in Holland & Knight’s Miami office, where he co-leads the firm’s International Private Client Group, focusing primarily in the areas of international taxation, trusts and estates. Mr. Kasner routinely advises ultra-high-net-worth foreign and domestic clients on U.S. federal income, gift and estate tax matters associated with their cross-border investments, including U.S. real estate investments and business activities, as well as pre-immigration tax planning. His practice also includes forming and overseeing complex international corporate and trust structures, and implementing international reorganizations.

Carolina M. Nuche is a private wealth services attorney in Holland & Knight’s Miami office. Ms. Nuche focuses her practice on international and domestic taxation for high-net-worth individuals, trusts and estates, as well as tax planning for multinational corporate and trust structures.

Ms. Nuche advises foreign and domestic clients on U.S. federal income, gift and estate tax matters, including cross-border investments, U.S. real estate investments and business activities.