Husband's pre-2019 divorce decree declares alimony payments of $2,500/mo for life. If husband enters into an agreement with ex-wife to prepay 10 yrs of alimony (a lump sum payment of $300K) in exchange for forgiveness of all future alimony payments:
1. Does this constitute a "gift" to the ex-wife?..... or
2. Is this a non-taxable exchange (i.e. bona fide equal value exchange)? or
3. Is this lump-sum payment taxable to to ex-wife?
