As a result of their divorce, SethSeth agreed to pay alimony to SarahSarah of $...
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As a result of their divorce, SethSeth agreed to pay alimony to SarahSarah of $ comma $ per year. The payments are to cease in the event of Seth'sSeth's or Sarah'sSarah's death or in the event of Sarah'sSarah's remarriage. In addition, SarahSarah is to receive their residence, which cost them $ comma $ but is worth $ comma $Assume the change in tax law as of December
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Requirement a How will the $ comma $ payments be treated by SethSeth and SarahSarah if covered by prior law?
If the divorce was complete prior to December Seth
If the divorce was complete prior to December Sarah
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