Are there Unique Aspects to Domestic Partnership Termination in California?
As the laws concerning domestic partnerships are still relatively recent, it will take some time to develop. One area of difficulty is that federal tax law is not applicable to awards of spousal support or property division. This means that if spousal support is awarded it is not deductible to a paying party on federal income tax returns, nor is the transfer of property incident to a domestic partnership termination necessarily devoid of tax consequences under federal law. It is therefore critical that a domestic partnership dissolution also include business, tax and estate planning ramifications when determining support or property division. At Kleeman•Kremen Family Lawyers we are well versed in tax and business aspects of marital and domestic partnership dissolution. We will work with you and your other professional advisors, accountants and investment advisors, to assure you are adequately protected in the dissolution process. Back to Top H.
Related Questions
- We can register your Declaration of Domestic Partnership form SF-D1 with the Domestic Partnership registry at the California Secretary of States office in Sacramento on an expedited basis. What is a California domestic partnership registry?
- If a court orders termination of a registered domestic partnership and a California Family Law Court awards spousal support (alimony), what is the tax treatment of these payments?
- Is there a fee to register our domestic partnership with the Sate of California?
