The end of a marriage in Massachusetts means that the property and assets acquired during the marriage will need to be divided up. Property division during a divorce can be very complicated. As emotions run high divorcing individuals often commit costly mistakes. This...
Property Division
Valuing a family business in the event of divorce
As an equitable distribution state, Massachusetts requires that all properties and assets that are acquired during a marriage to be divided between spouses if they divorce. Fortunately, there are exceptions to this general rule; some assets are not considered marital...
Mediation helps resolve property division disputes amicably
Dissolving a marriage can be so emotional that many experts frequently advise both parties to act rationally, and never let emotions rule their decisions. However, that could be easier said than done. In Worcester, Massachusetts, divorcing couples should know that...
A prenuptial agreement makes property division easier
According to a survey of divorce lawyers, prenuptial agreements are on the rise, and more women are requesting them. 60 percent of the lawyers surveyed reported that they have seen an increase in prenuptial agreements within the last three years, and 46 percent have...
Spouses’ concerns regarding property division and finances
Divorce is commonly accompanied by an array of emotions. However, the worry of most spouses may be prevalent not only in the failed marriage, but also with respect to one's financial well-being. Readers in Worcester, Massachusetts, understand how stressful it is to...
Flaws in property division can result in retiring short
Recent studies found that more and more people in their 50s are getting divorced here in Worcester, Massachusetts. The trend in more mature people divorcing is an indication of the changing dynamics of modern American families and the relative ease of filing for a...
What Worcester ex-couples should know about property division
One of the most challenging aspects of a divorce is property division. It can be very difficult for divorcing couples to take note of every single item of property acquired before and during the marriage. Worcester couples would be wise not to underestimate the...
Unearthing hidden assets for a divorce’s property division
More often than not, Worcester divorcing couples put a premium on the emotional aspect of divorce. Of course, this is a foregone conclusion since marriage dissolution can be very emotionally charged. However, there is another aspect that needs more scrutiny: the...
Splitting the residential home in Massachusetts
A residential home is a necessity for Worcester, Massachusetts families. However, once divorce is involved, the family home can complicate things, particularly when it comes to property division. Usually, property division is accompanied by the division of properties...
Credit and joint debts in property division
Many Worcester readers may assume that property division in a divorce can be resolved through a 50/50 split of assets and marital properties. But in Massachusetts, the assets and properties are divided through equitable distribution, wherein the marital property must...