I.R.C. § 414(p) and 29 U.S.C. § 1056 Morris v. Metropolitan Life Ins. Co., 751 F. Supp. 2d 955 (E.D. Mich. 2010) (a) Facts: When the husband and the wife were divorced, the state court divorce decree extinguished all rights held by one in any life insurance of the other. …
Molinet v. Comm’r, T.C. Memo. 2014-109, 2014 WL 2573992 (2014) (a) Facts: A husband and wife were married. The wife was from Cuba and was admitted to the United States on a fiancé visa. The husband controlled the marital finances, with minimal input from the wife. She had access to…
In North Carolina, as well as nationwide, family law and divorce cases are filled with bad tax returns. Let’s face it, generally one spouse handles the finances and the other spouse doesn’t. Enjoy Santa as the Tax Court finds this husband innocent. Santa v. Comm’r, T.C. Memo. 2013178, 2013 WL…