Divorces are difficult enough, without needing to take into consideration the division of marital property. However, the process of property division is oftentimes an area where divorce disputes are prone to arise, so it can be helpful to be aware of common issues and resolutions which may help avoid additional complications. In particular, how to divide complex assets like retirement funds can prove to be challenging to many couples, but there are several common considerations, which can make this process easier.
Couples going through a divorce in Massachusetts have many tough decisions to make. In addition to child custody and support concerns, couples are left with the task of dividing the marital property between them. When this happens, couples should not only consider their immediate needs but also their long-term financial goals, such as retirement.
When a couple faced a strained relationship, many factors may contribute to their unhappiness. For example, while financial or parenting disagreements are often two of the most common divorce issues, research regularly shows there may be more at play than common disagreements. In fact, a new study from the Umea University in Sweden shows a link between divorce and a rather unexpected part of many people's daily lives: time spent commuting.
When it comes to settling a divorce, there are few issues which couples dread more than needing to determine how to split their assets. In amicable divorces the emotions can still run high, and contentious divorces can result in lengthy and potential expensive separations. However, going into a divorce proceeding with the help of experts and armed with some knowledge about divorce proceedings may be able to help issues get resolved sooner.
When a divorce becomes contentious, it can sometimes mean being involved in a lengthy trial divorce. Depending on how quickly the issues can be resolved, a divorce by trial can be done without extravagant costs. However, if major issues cannot be resolved quickly, contentious trial divorces can oftentimes become expensive, potentially more-so when considering the potential loses an individual might face from an unwanted decision.
Making the choice to get divorced is likely one of the hardest decisions many people will face in their lives. It usually represents a major change in the direction of an individual's life, especially so if the couple had children and a large amount of marital property over the course of their marriage. Besides the emotional toil which many people feel, the technical side of a divorce can seem overwhelming to individuals who are not sure what to expect.
When in a relationship, arguments can sometimes be unavoidable. While many of these issues may ultimately be resolved, some couples may find themselves with irreconcilable differences. When these arguments start to become a daily occurrence, some people may consider the possibility of getting a divorce.
One of the hardest aspects of a divorce is often determining which spouse gets what from the marital property. In fact, the issue of property division can be so divisive that spouses splitting on amicable terms could even find themselves in a trial disputing ownership of certain assets. While it may be easy to anticipate some legal struggle over the obvious major assets, say over ownership of the family home or motor vehicles, it often happens that major disputes occur over assets that many spouses did not even consider when first entering into their divorce.
With the legal changes to alimony determination now setting in, it may come as no surprise to Massachusetts residents that opinions on divorces and how to handle them change over time. It's hard not to notice that societal opinions on relationships appears to have changing, with new studies showing that more people are cohabitating before marriage, waiting to get married longer and even sometimes avoiding marriage altogether. Experts have also noticed growing acceptance of divorce, indicated by so called "grey divorces" amongst individuals over the age of 50.
When going through a divorce, one of the most contentious issues is typically the division of assets. Even amongst those who go into divorce proceedings from an amicable perspective can find themselves contentiously disagreeing with one another over property division. Questions such as who gets what property, who is entitled to what pension plans or stocks and who gets to keep the family home can all cause major disagreements. With so much on the line it makes sense to spend time checking into all the details surrounding property division, some of which may be more important than people initially think.