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…
Property Division
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…
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…
Do I Have To Give My Spouse Part Of My Business In Our Divorce?
When spouses are going through a divorce, one thing that always must be addressed is property division. However, when one or both spouses own a business, or even have an interest in a business, property division can be much more complicated. A common question spouses ask is: Do I have to give my spouse part…
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…
FAQ’s About Divorce in Massachusetts
Here are some common FAQ’s About Divorce in Massachusetts: Q: Should I file first for divorce? A: The answer to this question is largely a case-specific answer. The determination of value of assets, which goes to the equitable division of marital assets pursuant to M.G.L. c. 208 §34, is determined from the date of marriage…
Who gets the house in a divorce?
Q: I’m getting a divorce. Who gets the house when the divorce is finalized? A: The short answer is, it depends. There are many factors that must be considered in determining who gets to keep the marital home during a divorce. Q: What factors are considered in determining who gets the marital home in…
Property Division in a Divorce
Q: What is martial property? A: Massachusetts law has a very broad definition of marital property. It defines marital property as property owned by either or both spouses, whether acquired during the marriage, or prior to the marriage. This means that if property is in only one spouse’s name, or was bought before the marriage,…
Winning the Lottery and Then Getting Divorced
The odds of any person winning the lottery are very slim. However, if someone does win the lottery, and he/she is married at that time, under Massachusetts law, the lottery winnings are a marital asset. Under Massachusetts law, all property owned by one spouse individually, or both spouses jointly, is considered marital property. That means,…
Divorce and Money
you’re in the process of getting a divorce, money issues are likely to be a key point of discussion. Whether you’re the spouse of a billionaire or part of a working class couple trying to divide up the bills, money is contentious. That’s the central point of my latest book, The New Love Deal (www.NewLoveDeal.com)…
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