If you’re divorcing in your senior or even middle years, much of your and your spouse’s combined assets are likely tied up in some type of retirement savings plan. You could be counting on 401(k) plans, individual retirement accounts (IRAs) or pension plans....
Property Division
Marital waste and divorce: Protecting your financial interests
When a marriage dissolves, financial assets and liabilities become subject to division, and mismanagement of these resources can lead to significant losses. One issue that can arise during divorce is marital waste, which occurs when one spouse squanders marital assets...
Dividing retirement accounts in Massachusetts divorce
A significant part of the divorce process in Massachusetts is dividing assets that spouses have accumulated throughout the course of their marriage. This can often be a complex and challenging task, especially when it comes to dividing retirement accounts such as...
How can a discrepancy in earning potential influence divorce?
Couples in Massachusetts who find themselves contemplating divorce often have many questions about the process. State law provides broad guidelines that couples and judges can interpret based on the specifics of any particular situation. For example, many modern...
How to divide retirement accounts in a divorce in Massachusetts
In a Massachusetts divorce, the court deems all assets acquired during marriage as marital property, including your retirement accounts. However, they are not usually split like all the other assets; some unique factors can come into play. Massachusetts divorce laws...
How can divorce affect your medical practice?
Getting divorced in Massachusetts can be an extremely complex affair. If you are a physician with partial ownership in a medical practice, it can get even more contentious. The divorce process that should involve only you and your spouse may now be an issue that...
What is marital property and what is separate?
One of the most important (and often most contentious) aspects of divorce is the division of marital property. If you are facing divorce in Massachusetts, a strong understanding of marital and separate property can help you set clear priorities and put a strong legal...