Although many people think that the division of marital assets should be 50/50, this is not always the case. Some states believe in an equitable division rather than an equal split. An equitable split means the courts decide on a fair split rather than an equal one....
What to know about divorce property division in Massachusetts
A divorce may be an amicable, contentious or collaborative procedure. Regardless of the nature of the process, every divorce can be an unsettling event for any family. Couples planning a divorce can prepare for their post-marital lives by learning the facts about...
How are retirement assets distributed in a divorce settlement?
When a Franklin area couple comes to the point where they believe their marriage is heading for divorce, it can be an emotional time. There are so many things that the couple needs to figure out, including property division.Besides a couple's home, their retirement...
Separating property pursuant to a Massachusetts divorce
Life is more than the things that one accumulates over time, but the things that individuals choose to purchase, acquire, and keep can have significant financial and emotional value. Gifts from lost loved ones, residences full of memories, and lucrative investments...
Making the most out of the marital property division process
Divorce is often hard on families, especially when Massachusetts' parents end their relationships with each other and search for ways to co-parent their kids. Although it is tough for children to watch their home lives change and their parents move on to lead separate...
What is separate property in a divorce?
Although a divorce is an opportunity for individuals to find new beginnings in their lives, they often require sacrifice and compromise on the part of both parties. Some couples choose to mediate their divorces, while others use the courts to litigate the ends of...
Options for the family business in a divorce
For most people, divorce is incredibly complicated. If you have children, you will have to work out a custody arrangement. If you have a house, you might have to make some tough choices about what to do with it. And, if you have a family business, things can get even...
Property division is an important element of a divorce
No matter how hard a Massachusetts resident tries, they will inevitably accumulate stuff over the course of their life. That stuff can take on many different forms, from small possessions like articles of clothing and books, to large items like personal vehicles and...
Thoughts on whether to keep the marital home
Oftentimes, among a Massachusetts couple's most valuable assets is their marital residence. Real estate remains a good and reliable investment these days, which means couples who have been together a number of years will have a lot of equity rolled up in their...
More on family business assets and divorce
A previous post on this blog talked about how Massachusetts couples who own a family business together and who are going through divorce have to make some important decisions. Sometimes, couples who have never been married may face similar issues.One of the biggest...
