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Posts tagged "Property Division"

Property division and child custody issues may be intertwined

Issues in a divorce can be highly interdependent. For example, a couple may have disagreements about property division matters until they consider the potential impact on children. Similarly, parents may disagree about legal and physical custody arrangements until they factor in which spouse wants to remain in the family home, and/or whether one parent has plans to relocate. 

Divorce mediation and other amicable approaches

Gwyneth Paltrow appears to the most recent poster child for a new movement in amicable divorce. In a recent blog entry on her lifestyle website, Goop, Ms. Paltrow confirmed that she is separating from Chris Martin, of Coldplay musical fame. However, she is committed to sparing the two kids she had with Martin from heartache. To do that, she describes her approach as a conscious coupling.

Making a list to assist in the divorce process


For many married couples in Massachusetts, the end of their marriage is unthinkable. Even if statistics prove that it is likely that more than half of all marriage in the United States will end in divorce, some couples do not believe in thinking about or preparing for the possibility of divorce. This can make the reality of divorce a very difficult and complex time. This is especially true if the couple cannot agree on their finances.

How to avoid major divorce issues during dissolution


Emotions exist at the beginning and end of most things. This is often true for marriages. Many Massachusetts couples would concur that the honeymoon stage of any relationship is a time of much happiness, joy and excitement. When these initial emotions fade, the couple could develop a long lasting, strong and loving relationship. For others, it is a time where it is apparent that the two are not right for one another and they make the decision to divorce. If the couple has children, this could cause various divorce issues such as custody disputes.

Making sure a prenuptial agreement is properly drafted


For many couples in Massachusetts, having a prenuptial agreement makes sense. It is clear that the rate of divorce in the nation is high and has been increasing. Drafting this instrument helps a couple through the divorce process, a process which has become more and more common.

Reducing the costs of a complex divorce settlement


The details of a marriage don't often come into play until the end is nearing. Divorcing Massachusetts couples often struggle with the difficult task of organizing their finances in order to reach a divorce agreement. A complex property division does not only occur when the couple owns much property and assets, but also when it is not clear what falls under the category of marital assets. Furthermore, determining how retirement assets and alimony will be treated can prolong the process. Considering equitable distribution, cost of future living, taxation and the need for financial support by one spouse often add to the complexities of dissolution.

Protecting personal property in a divorce


When couples in Massachusetts decide to marry, numerous decisions are made. The same is often true for divorce. Major life events often require careful planning and decision-making. The divorce process is not an easy one to go through, but if the separating couple can take the time to focus on the major issues, the process could be completed amicably.

Tax implications during asset distribution in a divorce


Whether a couple is together for a few years or decades, there are various important factors to consider and go over during the dissolution of their marriage. Married couples in Massachusetts going through a divorce may have some serious family law issues to get through. For most, property division is not only an important decision-making process but it is also a very difficult procedure to work through. It could also become very complex if the couple has numerous assets and marital property. Furthermore, how they distribute their property could also affect them in other ways down the line.

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Salem, MA 01970

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