The wording in the MSA does not reference capital gains . This is the wording in the MSA.
”the net proceeds shall be divided on a 50%-50% basis between the parties.
the net proceeds shall be divided on a 50%-50% basis between the parties.
My ex is demanding that I pay half the tax. And my attorney is saying that I am not required to pay the tax. So we will need to go to court. A judge will have to read the language of the agreement and weigh-in as to whether or not he/she feels capital gains taxes should be deducted from the net proceeds.
