Financial matters are the greatest source of arguments among married couples, so it’s no surprise that they also raise some of the biggest conflicts in divorce proceedings. When questions arise about the family home, there are not only financial issues but also...
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Property Division
Is Massachusetts a 50/50 State for Property Division in Divorce?
Many clients assume Massachusetts is a “community property” state that splits marital assets on a strict 50/50 basis when a couple is divorcing. This is not the case. Instead, Massachusetts courts divide property in a manner they see as equitable or fair. Couples...
Financial infidelity during marriage can mean problems in divorce
Any infidelity can be painful, but financial infidelity cuts deep. Financial infidelity is when one spouse hides assets, income or debts from the other. It can mean finding out suddenly that you’re much more deeply in debt than you expected. It can have real-world...
IRAs and property division
Divorces can be messy affairs for many couples in Massachusetts and other states across the country. Many couples find it difficult to discuss property division. There are some things, like homes and bank accounts, which are relatively easy to divide because so many...
Property division extends to cellphone accounts
Technology is a major part of many people's lives. Many spouses in Massachusetts, as well as many other states across the country, have joint cellphone accounts which may allow them access to one another's email and online storage accounts. During a divorce, many...
The difficulties of property division and pets
Divorce can be a very stressful process regardless of how well the couple splitting up gets along. Property division and custody agreements can create an incredible amount of tension between any couple, as some Massachusetts residents may have discovered. But how does...
Massachusetts property division: Family pets
Getting divorced? Have a pet? If that is the case, in Massachusetts, what happens to the animal will be determined in the property division phase of the divorce process. For many people, pets are not just animals, they are members of the family. Thinking of a pet as...
Property division relating to financial accounts
Deciding to file for a divorce is a decision that many Massachusetts couples do not take lightly. This decision requires careful consideration and planning. Part of that planning is property division. Many couples discover that dividing their physical and financial...
Property division after lengthy a lengthy marriage
Older couples are choosing to divorce more often in recent years as some Massachusetts residents may have noticed. Some of these couples who have been together for decades have a significant number of assets, and property division can be difficult. One couple who had...
The effect of property division on your credit report
Divorce can be an incredibly stressful process for both spouses and their families, as many Massachusetts residents know. Some people may try to rush through the property division portion of the divorce in hopes of ending the entire process as soon as possible,...