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Posts tagged "property division"

Property division: Twitter and Facebook threats to consider

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.

Property division can determine post-divorce financial stability

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.

The types of assets accepted in property division is important

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.

Be on guard for "hidden" property division fees

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.

Avoiding common financial mistakes when getting a divorce

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.

Facebook may be ruining relationships in Massachusetts

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.

A look at the many forms that domestic violence can take

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.

Massachusetts divorce attorneys providing mediation services

Conflicts about parenting plans, child or spousal support and property division are common in Massachusetts divorces. You may be among those who are planning on how you will deal will these issues. While you can bring these issues to a judge, you may be considering a method of alternative dispute resolution known as mediation.

Study shows relationship between serious illness and divorce

Massachusetts couples might want to read about a new study looking into the relationship between divorce rates and illness. Researchers at Purdue University and Iowa State University determined that the chance of a marriage ending in divorce goes up by 6 percent after the wife becomes seriously ill. A husband's serious illness was not found to increase the likelihood of divorce, however.

Artists and property division in divorce

Individuals in Massachusetts may be aware that business owners who are divorcing may need to think about how that business will be considered an asset during property division, but many people might not realize that the same is true for artists. Painters, sculptors, filmmakers and others who create works of art often must work out how those pieces are shared with a soon-to-be former spouse.

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