During a divorce, many types of assets are subject to division between spouses. If you have inherited wealth passed down from a family member, you might understandably wonder if your soon-to-be ex-spouse will get a cut. In Massachusetts, inherited assets are not...
Divorce
Can I be forced to sell my house in a Massachusetts divorce?
When going through a divorce in Massachusetts, what happens to your home? Because the family home often holds both financial and emotional value, it can become one of the most contested assets. While it may seem extreme, the court can sometimes order the sale of a...
What role do business valuations play in divorce settlements?
High net worth divorces often involve complex financial considerations. One of the most challenging aspects is valuing and dividing business interests. When business assets are on the line, the process becomes even more complicated, requiring careful analysis and...
Common financial challenges after a high-income divorce
Divorce can create many financial challenges, especially for those with high incomes. Adjusting to a new financial reality can be difficult. In particular, several key areas often present the most significant financial challenges for divorced individuals coming from...
Spousal support challenges in same-sex divorce
As same-sex marriages become more common, so do the issues surrounding same-sex divorces. One significant aspect to consider is spousal support. This financial support can be complex, especially for LGBTQ+ couples. How is spousal support determined? Spousal support,...
How property owned before marriage is impacted by divorce
Divorce can be a complicated process, especially when it comes to dividing property. In Massachusetts, the division of property follows the principle of "equitable distribution." This means the court aims to divide property fairly but not necessarily equally. Several...
Key financial strategies for affluent couples facing divorce
Divorce can be complex, especially for affluent couples. Proper financial planning is needed to ensure a fair division of assets and financial stability. Assessing financial situation Start by compiling all financial documents. This includes bank statements,...
What makes gray divorce different?
Divorce is a challenging experience, no matter the age of those ending a marriage. When it happens later in life, often known as "gray divorce," the process brings unique challenges and considerations. The trend of those 50 and older divorcing continues to increase....
Additional considerations for same-sex divorce
Divorce is a complex journey for any married couple. When it comes to same-sex unions, the process may involve further considerations due to legal, social and emotional factors. Awareness of these unique challenges helps gay divorcing spouses better navigate their...
How does a gray divorce affect standard of living?
Gray divorce is the dissolution of marriage among adults aged 50 and above. This type of divorce can have significant implications for the standard of living for both men and women. Understanding how gray divorce affects the standard of living for men and women is...