You and your soon-to-be ex-spouse may have an idea of how to divide your shared bank, retirement and brokerage accounts. Complex financial assets, however, could require a forensic discovery process to reveal them during your divorce. As reported by Kiplinger's...
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Complex Property Division
Types of intellectual property and divorce
It may seem obvious, but property division in divorce gets more complex the more there is to divide. Newlyweds with an apartment and a car do not have the same challenges ahead as a multi-decade marriage with a house, life insurance policies and revocable trusts. But...
Cashing out one’s portion of a 401(k)
As people approach the conclusion of their divorce proceedings in Massachusetts, those who were not the primary income earners in their marital home may begin to experience a certain degree of trepidation as the uncertainty of their financial futures begins to set in....
What your divorce may mean for your retirement
Most people recognize that divorce is complicated. But the longer you were married, the more children you have, the more money you have, then the more complicated your divorce will be. Even the most amiable divorce can be a logistical nightmare. When you begin your...
Certain earnings can be split with your ex, years after divorce
Most marital assets are divided as a one-time payment. Think of your joint bank accounts, your house and your retirement savings. Usually, these are split between yourself and your ex, and you are done. Then there are ongoing payments like spousal support and child...
Getting your assets together for division in divorce
You’ve decided on divorce, but you’re not sure how your assets will make it through the proceedings. You’re aware that the courts will split the things you own, but the actual process can be a bit more complicated than simple division. A judge will be looking for an...
Dividing assets becomes tricky after lottery win during divorce
Massachusetts is an “equitable distribution” state. This means that in divorce, marital property is supposed to be divided equitably between both spouses (which isn’t always the same as equally). Marital property is generally anything acquired by...