As half of a married couple, you likely already know that your marital assets consist of all the property, possessions and ownership interests you and your spouse have accumulated during your marriage. These are the assets that you and your spouse must divide between you if you undergo a divorce.
A father who failed to attend a custody court hearing will be spending six months in jail. The man, who was living in Massachusetts at the time of the child custody hearing, was found in contempt of court for failing to attend the hearing, which was held in another state. He received the maximum sentence allowed by law.
Denise Garcia, the girlfriend of NBA star Lonzo Ball, is asking him for $30,000 a month. That money, she says, is for child support for their daughter who was born this summer. Garcia went as far as to call Ball a deadbeat dad on Instagram live. Deadbeat dads are those who supposedly don't support their own children financially or otherwise, and they can be found in all states, including Massachusetts.
Many times, a family business is a focal point in the property division phase of a divorce. The task of determining how to divide it is not an easy job, and some sticky issues may need resolving before reaching an equitable division.
Some couples make the decision to divorce gently and amicably. However, some couples involved in a high asset divorce in Massachusetts might have trouble accomplishing that. There is much at stake financially and when money and assets are involved, negative emotions can run rampant, making it hard to make logical, unemotional decisions. When one spouse -- in most instances, a husband -- wants to keep from having to split assets, he may try to dissipate them.