DIVORCE AID on it’s way?
Economic stimulus bill, economic stimulus plan, stimulus package…that’s all I’ve been hearing in the news lately. Stimulus. Stimulus. Stimulus. Everybody is looking for their piece – banks, states, tax payers, students, small businesses and especially people in the Upper Middle Class tax brackets. But what about people who are getting divorced? Will they benefit? Because right now it seems they can’t afford to get divorced. No, I’m serious. People can’t afford to divorce bad marriages.
a UK law, dating back to 2003 makes it a legal duty for divorce solicitors in the UK to report “suspicions” of tax dodging and tax cheating to the National Criminal Intelligence Service pursuant to the Proceeds of Crime Act. This anti money laundering legislation “applied to the transfer of assets from a person to their ex spouse on divorce.” Do American divorce lawyers have a similar duty?