As you contemplate getting a divorce, one question you most likely will ask yourself is, who will get what in my divorce? How do we divide assets, especially with many years of combined finances? What if my spouse made more money? What if I was the primary breadwinner? If you want to understand how your…
Divorce and Finances
Do I Have to Disclose My Assets in a Divorce
Are you thinking about getting a divorce, but you are not sure about the impact that a divorce will have on your financial situation? What should your game plan be financially as you move toward divorce? You might be asking these types of financial questions. Do I have to disclose my assets and…
Financial Planning For and During a Divorce
A divorce brings about many changes in a person’s life. One of the most significant changes is the financial impact of a divorce. Spouses go from having a combined household with (usually) two separate incomes, to living apart, and supporting themselves on their own. If you are contemplating a divorce, or have already filed for…
How to Divorce a Narcissist
Divorce can be a taxing process for anyone, no matter what the circumstances. Divorcing a narcissist can be even more complex and emotionally draining and usually leads to a high conflict divorce. A high-conflict divorce can be more expensive, time consuming, and have detrimental effects on one’s mental health and that of the children. There…
Hidden Business Assets in Divorce
The Covid-19 pandemic has affected every facet of daily life and it has intense repercussions on personal and business finances. For couples facing divorce post Covid, there can be hidden assets and accounts which can impact alimony. A spouse may be dishonest about the state of their finances, and one of the best ways to…
High Net Worth Divorce – What Can We Learn from the Kim Kardashian & Kanye West Divorce
Kim Kardashian has filed for divorce from her husband of 7 years, rapper, Kanye West. The divorce is “amicable” and “irreconcilable differences” were stated as the reason for the breakup. What lessons can we learn from this celebrity divorce? It’s clear that even among celebrities money doesn’t always bring happiness. And this is just as…
Try This New Tool to Manage Child Support and Alimony
Are you frustrated and overwhelmed with your divorce trying to manage all of the details when it comes to child support and alimony? Well there may be an app for that as the saying goes. And there is. As divorce and family law attorneys we see a lot of tools and aids that people…
Cryptocurrency and Divorce
In Massachusetts, the Probate and Family Court requires spouses to make a full financial disclosure in a divorce in order for the divorce to be granted. That is accomplished through exchanging Rule 401 Financial Statements, exchanging Rule 410 financial disclosure, and conducting discovery through interrogatories, requests for production of documents, and subpoenas. It’s not uncommon…
6 things to prepare for getting a divorce in the New Year
Here are Six To-Do’s when Facing a Divorce in the New Year. It is a new year and you may be thinking about your personal life and the possibility of getting a divorce. Here are 6 things to prepare for: 1. Begin Gathering Financial Information – emotions will run high at onset of divorce and…
Does My Spouse Have an Interest in My Business When We Divorce?
In a divorce, money can be one of the biggest issues spouses fight over. However, when one (or both) spouses own a business, this can be an even more complicated (and sometimes uglier) fight. A common question business owners ask when they are going through a divorce is whether their spouse has an interest in…
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