Alimony, also called spousal support or spousal maintenance, is sometimes necessary in a high-asset divorce, especially if one spouse earns significantly more than the other. There are several different types of alimony. General term alimony When one spouse is...
Divorce
3 places to look for hidden assets in a divorce
Divorce is a breeding ground for mistrust, which can make asset distribution negotiations challenging, especially in high-asset divorces. You may think or know that your spouse is hiding assets. Therefore, these are places you should look for hidden assets during your...
Common mistakes to avoid during your high-asset divorce
Most divorce proceedings pose challenges to the separating couple, no matter what their circumstances are. A high-asset divorce typically has at least $1,000,000 in liquid assets. Spouses with high assets, net worth or a large marital estate may face considerably more...
Who gets the horses in a divorce? 4 questions to consider
When avid equestrians divorce, deciding who should keep the horses is often the most difficult part. If the couple can not agree in mediation, the court may need to step in. As with any matter of property division, the decision depends on a few factors. How much is...
You have a right to maintain your standard of living
When deciding to divorce, your financial stability is no doubt a crucial factor in your considerations. If you have been a homemaker, concerns about money likely weigh heavily on your mind. Spouses that stay home to care for the children and households tend to suffer...
What happens to a family-owned business after a divorce?
Separating your assets during a divorce is complex if you have an asset like a family-owned business. Your stake in the business might end with the divorce, but that depends on a few important factors. When you created the business In Massachusetts, if you start a...
How important is alimony in a Massachusetts divorce?
Marriage is meant to be a partnership. Like any partnership, sometimes it does not work out. For Massachusetts couples who have decided that they can no longer maintain their marriage and divorce is in the offing, there are many issues that must be decided. In a...
Is there an amicable way to sell the family home in a divorce?
Divorce can be a powerfully emotional event, but it is oftentimes also a major financial transaction, the outcome of which could dictate your financial wellbeing for years to come. That’s why it’s imperative that you know how to address every aspect of your divorce in...
Collaborative divorce does not require discovery
The collaborative law divorce process differs in a variety of different ways from the divorce litigation process. It differs in ways that may be beneficial to divorcing couples and that divorcing spouses should be familiar with. One important aspect of the...
Why do Massachusetts parents have to take a class to get a divorce?
There are many steps and requirements that Massachusetts residents must meet in order to complete their divorce proceedings. Though every divorce is different and based on the facts and circumstances of the individual parties, most divorces require participants to...