Rubin said that the uncertainty regarding the bill is already affecting ongoing divorce cases, as the bill proposes eliminating the deduction for alimony payments. Congress, he said, decided to put in this provision because Republicans believe there is a significant amount of unreported alimony income, though he was skeptical that this is the case. Regardless, though, he said that he has already been getting calls from clients going through divorces about what exactly this means for them. Clients with older agreements, he said, shouldn't have anything to worry about so long as they don't change the agreement in a way drastic enough to count as a new agreement. For those whose divorces are ongoing, though?
"I don't know exactly what's going to happen with this one," he said.