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August 2016 Archives

High asset divorce and college savings

Upon making the decision to separate or end a marriage, Massachusetts parents must consider various important financial matters, including college savings accounts. In a high asset divorce, it is critical to consider the long-term implications of any financial decisions, such as the protection of savings set aside for the payment of college tuition. It is possible to protect these savings and ensure that they are used appropriately.

The timing of a high asset divorce

The end of a marriage can be difficult, and for many couples, it is important to factor in important seasons and events before moving forward with the legal process. For a person facing a high asset divorce, the timing of the divorce can be a critically important factor for the future. There are many reasons why people may delay or plan a divorce, often waiting until after the holidays are over.

Property division in Massachusetts

During the divorce process, the parties involved have a lot of decisions they must make. Some of the most challenging decisions usually involve property division. Like many states, Massachusetts is an equitable distribution state, which means that property should be divided as equitably as possible; however, equitable does not always mean equal.

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Salem, MA 01970

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