The principal objective of this course is to study the fundamental federal tax provisions governing the dissolution of a marriage. The course will cover the common tax issues arising as the result of a marital dissolution including alimony, child support, property settlements, filing status, deductible of expenses, allocation of tax carryforwards, liability for tax deficiencies and estate and gift tax issues. The course will concentrate on the tax rules relating to alimony and property settlement. To the extent time is available at the end of the course, we will discuss the exposure of trust assets to creditor's (ex-spouse's) claims.