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  • The information provided on this web blog is public information and is not individualized legal advice. Do not take any legal action on any information contained in this blog!!! Always consulting with an attorney in your state about your legal issues. The presentation of information on this blog does not establish any form of attorney-client relationship with my firm or with me. While I have attempted to maintain the information on this blog as accurately as possible, this information may contain errors or omissions, for which I disclaim any liability. Case law from other jurisdictions discussed here are discussed for comparative purposes only. The author is licensed to practice only in the Commonwealth of Virginia and not in any other state. Despite the foregoing, this material could be considered to be ADVERTISING MATERIAL. The responsible party for this blog is Robert R. Hagy, II Esq., an attorney licensed to practice law in Virginia, of the Law Offices of Rob Hagy, P.C., whose address is 154 Hansen Rd., Suite 202-B, Charlottesville, Virginia 22911.

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    « Award of All of One Asset in Equitable Distribution Justifies Award of Greater Portion of Remaining Assets to Other Party | Main | Husband Fails to Impute Income to Wife »

    November 10, 2004

    Tax Consequences Could Be Considered in Establishing Amount of Marital Property Award

    The Maryland Court of Appeals ruled in Solomon v. Solomon that tax consequences may be considered in establishing the amount of a marital property award as an “other factor,” under section 8-205(b)(11) of the Maryland Family Law Article, when they are immediate and specific, or not speculative. In addition, the court ruled that a country club membership is not “property” to be divided, since it cannot be sold, transferred, exchanged, redeemed, inherited, or liquidated.

    -Rob Hagy, Virginia Family and Divorce Lawyer

    Posted by on November 10, 2004 at 07:53 PM in Country Club Memberships, Equitable Distribution, Tax Issues |

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    Important Laws Affecting Family Law Matters

    • Virginia Code Section 20-107.3
      This provision of Virginia law governs the manner and rules for dividing martial property upon divorce.
    • Virginia Code Section 20-108.2
      This provision of Virginia law sets forth the child support guidelines-a table of reference for determining the base monthly child support obligation.
    • Virginia Code Section 20-124.3
      This statute sets forth the factors that a court will consider in divorce proceedings, temporary proceedings, or modification proceedings to determine what custody and visitation arrangement would be best for the child or children involved.

    Child Support Calculator