Couples seeking divorce often have varied priorities. For some, simply gaining freedom from an unhappy life is the goal. Others, however, want nothing more than to get even with their spouse, and still others fear only for their financial security. A spouse who wants out of a painful marriage may give little thought to what happens to the marital assets, but most couples are keenly aware that fair property division can mean the difference between an optimistic future and years of struggle.
The end of a Massachusetts marriage requires a lot of decisions. These can relate to all parts of the marriage, and often include property division and child custody (for couples who are parents of minor-aged children). In determining whether to award alimony, or spousal maintenance, a court will take into consideration the length of a marriage, the income of the parties and other factors.
When it comes to Massachusetts couples who are engaged to be married, sharing information can play an important role. Some say what you don't know can't hurt you, but that may be best limited to past romances and not finances. Certain money-related discussions may ultimately lead to the protection of both parties in property division in the event of a subsequent divorce. This does not mean a divorce must be anticipated, but it is one of life's realities for many people.
Much has been said about how social networking can have an adverse impact on a divorce such as how Facebook posts can jeopardize a person's chances to get child custody. In some divorces in Massachusetts and elsewhere, social networking has even affected the property division process if posts on Facebook or Twitter revealed hidden assets. Divorcing couples are often advised to stay away from this revolutionary way to make sure everybody knows everything about them.
Divorce can cause financial ruin if care is not taken. Massachusetts couples may not realize that a significant part of their net worth can be lost in a divorce, making it tough to run two households afterward. However, precautions can be taken to limit the financial impact. Careful consideration is necessary about what is accepted in the property division process.
Along with the emotional toll of divorces on most Massachusetts people who decide to go their separate ways, the financial implications can be devastating if precautions are not taken. There is typically an immediate effect when one spouse moves out, creating a second household with all the associated expenses. While this can cause a setback, the worst may be to come if care is not taken during the process of property division.
Most Massachusetts couples will spend the bulk of their divorce focused on negotiating the division of marital assets. This is an understandable approach, and the outcome of property division will have an impact on both parties for many years to come. What many spouses fail to realize, however, is that there are a number of "hidden" expenses that come with various property division choices. Avoiding those costs can make a world of difference in the bottom line.
When spouses in Massachusetts are pursuing a divorce, there are precautions they can take in order to keep the process as simple as possible. The effects of the end of a marriage can continue on long after the divorce decree is finalized, especially when it comes to financial matters. Due to this, there are some major issues spouses should avoid during the process.
Two studies indicate that Facebook and social media may be causing relationship problems and breakups. A survey of 2,000 married people in the United Kingdom found that one in seven respondents had thought about divorcing their spouse as a result of social media activity, which includes sites like Twitter, Skype and SnapChat in addition to Facebook. About 25 percent of those who took the survey said they had at least one argument a week about social media, and 17 percent said it the cause of a daily argument.
Massachusetts residents with an interest in family law issues may wish to learn some information about what domestic violence is and what effect it can have. Due to the seriousness of these matters, this information may help spouses and partners to recognize the issue before it goes too far.