Koiles Pratt Family Law Group
High Asset Divorce
After years of late-night studies, rigorous exams, and countless cups of coffee, one partner in a marriage earns a prestigious professional degree. It’s a moment of pride and a promise of future earnings. But when the tides turn and divorce looms, the value of that degree becomes a complex puzzle…
Read MoreWhen you’re navigating a divorce in Massachusetts, understanding assets such as stock options and RSUs (Restricted Stock Units) is crucial. Stock options give an individual the right to buy shares of a company’s stock at a set price, while RSUs are company shares given to an employee which vest over…
Read MoreIn the bustling streets of Salem and across Massachusetts, a new kind of currency has entered the conversation. Cryptocurrency, once the domain of tech enthusiasts, has moved from the digital fringes to center stage. It’s not just changing the way we transact; it’s altering the landscape of divorces, especially when…
Read MoreWhen you think about divorce, the typical assets that come to mind might be your home, vehicles, and personal savings. But what if you or your spouse has assets outside of Massachusetts – or even outside the United States? If you’re in this situation, understanding how international assets are approached…
Read MoreThe complexities of a divorce can be daunting, especially when significant assets are involved. One tool that couples often use to mitigate these complexities is a prenuptial agreement. These agreements can bring a certain degree of predictability to the divorce process by outlining how assets will be divided. However, what…
Read MoreHigh asset divorces come with their own set of unique challenges, often involving complex financial structures and significant assets. In Massachusetts, these types of divorces aren’t only about financial matters, but also confidentiality concerns. It’s a delicate balance between accurately representing assets and ensuring sensitive information remains confidential. Confidentiality: A…
Read MoreEquitable distribution rules as applied in Massachusetts can make it difficult to predict how a court will divide property in a high-asset divorce. While “equitable” sounds much like the word “equal,” it instead refers to a standard of fairness under the law, and that standard can be subjective. To further…
Read MoreSome of the greatest challenges in dissolving a marriage involve splitting up marital assets, including retirement accounts. When beginning the divorce process, it’s important to understand how Massachusetts courts will value and divide IRAs so that you can formulate a plan to protect your most critical assets. As you’re navigating…
Read MoreDivorce is rarely an easy process. Matters become particularly complex when a couple in Massachusetts share ownership interests in a company. The final division of assets will involve business valuation questions and other issues requiring careful consideration. If the individuals going through the divorce cannot agree on the way that…
Read MoreMany 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. Determining standard of value If you and your…
Read More