SPECIAL ADVERTISING SECTION PROFILES Ask the Attorneys
Do you have a particular type of client you often
Although I represent husbands/fathers and wives/mothers
of all ages and in all situations, due to our aging population, I’m representing more and more clients going through
“gray divorces.” This refers to clients over 50 who no
longer have young children living at home. Gray divorce
has become more common because of longer life spans, a
reduced stigma attached to divorce and a large increase in
the number of women in the workforce. These clients face
distinctive challenges in their divorces, and I work to help
them achieve their goals of long-term financial security,
a fair division of substantial assets and debts, access to
health care, and providing for adult children’s higher education expenses.
Do you anticipate any major changes in the law
that will affect your clients?
Yes. Under the new federal tax law enacted last year,
alimony payments will no longer be deductible by the
spouse paying alimony, nor will spouses receiving alimony
be required to pay taxes on the alimony received. BUT,
this change doesn’t take effect until Jan. 1, 2019. I expect
this change in tax law will have a significant impact on the
amount of alimony that the economically dominant spouse
would be willing to pay because alimony will no longer provide a tax benefit to the paying spouse. So, those individuals likely to be obligated to pay alimony will want to take
action before the end of 2018. Once 2019 comes around, all
of our assumptions regarding alimony will no longer apply.
Jeffrey N. Greenblatt
ATTORNEY AT LAW
JOSEPH GREENWALD & LAAKE, PA
111 Rockville Pike, Suite 975
Rockville, MD 20850
Jeffrey N. Greenblatt is a leading family
law attorney in the Maryland area. He
represents individuals in complex matters
such as divorce, alimony, child custody,
support, prenuptial agreements, division of
retirement assets and business valuations.
He’s equally skilled at trying cases in court
and negotiating settlements.