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Posts tagged "Property Division"

Division of the marital home in divorce

Some Massachusetts residents who jointly own marital property may wonder what will happen if one spouse leaves and decides to buy another property. There may be problems associated with lenders who still view the property as jointly owned, even though the divorce decree gives it to the other spouse.

Divorce rate actually lower than 50 percent

Massachusetts residents are likely familiar with the statistic often cited by the media that 50 percent of marriages end in divorce. While that may have been true in the 1970s and 1980s, figures show that the divorce rate has been falling steadily for several years. Observers say that if current trends continue, the divorce rate will fall to about a third in the near future.

Prenuptial agreement topics may even extend to social media

A divorce attorney knows that prenuptial agreements can serve as a safeguard against property division disputes, in the event a couple divorces. Under Massachusetts state law, these written contracts allow the parties to make lawful limitations on the equitable division of property that would otherwise apply during a divorce.

Proactive divorce planning does not mean an online kit

A divorce attorney would readily agree that property division can be approached proactively. That is to say, each spouse can prepare an itemization of checking and savings accounts, retirement accounts or other securities, property valuations and more.

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Salem, MA 01970

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