Tax Planning for Major Life Events: Marriage, Divorce, Parenthood

Life is a journey filled with milestones, each of which brings its own joys and challenges. From the bliss of marriage to the complexities of divorce, and the exhilaration of parenthood, these major life events not only impact your personal life but also have significant financial implications. Understanding how to navigate the tax landscape during these transitions can make a substantial difference in your long-term financial well-being. In this article, we’ll explore tax planning strategies for three major life events: marriage, divorce, and parenthood.