When President Trump signed the Tax Cuts and Jobs Act into law on December 22, several aspects of the federal tax code changed significantly. For spouses contemplating divorce, one of the most sweeping changes is a reversal of the tax treatment for spousal support (commonly referred to as “alimony”).

Why should you have an estate plan? While having an estate plan is crucial to ensuring that your assets will be distributed according to your final wishes, this is only part of the equation. A comprehensive estate plan will serve a number of other important purposes as well, all of which are focused on providing certainty and financial stability for your loved ones no matter what the future holds.