While matrimony is traditionally a joyous time, advisors should be aware of how marriage and domestic partnership will affect their clients’ taxes, retirement savings and financial planning goals.
A client who remarries can present even more complex challenges, especially if a blended family is involved.
The bottom line: When your client marries, their tax situation changes. In the gallery above are 10 important tax and financial planning questions advisors should be aware of related to marriage, divorce, remarriage and blended families, according to ALM’s Tax Facts Online.
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