Under the Massachusetts Alimony Reform Act, which became effective in March 2012, there are new standards and guidelines upon which a spouse may file for a modification of alimony. There are four types of alimony under the Massachusetts Alimony Reform Act: 1) General Term ; 2) Rehabilitative ; 3) Reimbursement ; and 4) Transitional. Based…
Archives for 2012
Massachusetts Alimony Reform and Cohabitation: What does is mean for me?
Under the new Massachusetts Alimony Reform Act, which became effective in March 2012, if a spouse who receives alimony begins to cohabitate with another person, then alimony may be modified or terminated under the new law. This is a departure from the previous Massachusetts alimony law, which did not allow for termination or modification based…
Understanding The New Massachusetts Alimony Reform Act
In 2011, the Massachusetts Legislature passed the Alimony Reform Act, which completed overhauled the alimony laws in Massachusetts. When the Act became effective in March 2012, alimony then became categorized into four different types of alimony. The first, and most common type of alimony is General Alimony. This is the periodic payment of support to…
What You Should Know About Buying or Selling a Home
Home ownership can provide you with many benefits: secure shelter, a long-term investment, and tax advantages. However, a home is also a major financial commitment. There are ways to avoid costly mistakes that can strain your budget and your patience. This article contains tips to help you avoid problems when buying a home. Affordability A…
5 Reasons Kim Kardashian and Kris Humphries Should Consider Divorce Mediation
1. Your dirty laundry is best kept at home, not aired. A courtroom divorce will be public; a mediated divorce will be confidential unless otherwise stipulated. Mediators are bound by confidentiality agreements (the specifics of which may vary from state to state) and cannot divulge personal information shared within the mediation sessions. The courtroom is…
Enter to Win a FREE Will, Health Care Proxy and Power of Attorney
“Like” our Amaral & Associates, P.C. Facebook page to enter to win a FREE will, health care proxy and power of attorney. On the 1st of each month, for the next three months (April, May and June), we will randomly select one winner and post the winner on our Facebook page. CLICK HERE TO ENTER…
New Massachusetts Alimony Reform Act
Are you aware of the new Massachusetts Alimony Reform Act that has been signed into law by Governor Patrick? The Act has not been modified since 1974 and the Law becomes effective in March of 2012. The purpose of the new Alimony Reform Act is to spell out the four (4) new types of alimony,…
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