Concord Massachusetts Family Law Blog
Understand the financial impacts of a gray divorce
After the children are grown and have left home, couples may feel they have grown apart and want a divorce. Be aware that a gray divorce can have devastating financial consequences. Divorce after 50 can drain the finances of both people involved. A divorce is not only...
How are divorce collaboration and mediation different?
If you are like many Massachusetts couples facing divorce, you and your spouse may want to separate while minimizing personal conflict and extraordinary expense as well as emotional stress on your children. Both mediation and collaboration offer important alternatives...
What are the tax consequences of property transfers in divorce
If you are going through a divorce, you will have a property settlement agreement that determines how marital assets get distributed between the parties. You typically do not recognize gain or loss in a transfer of property to a former spouse due to the dissolution of...
3 simple ways to save money during your divorce
If your marriage is not working out quite like you expected, filing for divorce may give you and your soon-to-be ex-spouse an opportunity to live the life you each want. Still, after your marriage ends, you may have to adjust to living on just one income. In...
Common modifications to divorce agreements
Your life can change quickly, and you may find that you need to adjust some aspect of your divorce agreement months or years later. If your divorce judgment is no longer working for you, here is what you need to know about the common types of post-decree...
The importance of spousal support in later-in-life divorce
Divorce after the age of 50 is much more common today than it was even a decade ago. It also comes with unique challenges, especially for women concerned about their financial future. This is where spousal support or alimony comes in. Your financial picture Perhaps...
Can a court mandate support after a parent’s death?
As a divorced parent, you may have had to deal with court dates to compel support payments from your former spouse or modify an existing order. But some parents find themselves in a more frightening scenario. An ex-spouse who had been paying support has suddenly died....
Do you have grounds for a Massachusetts fault divorce?
When you initiate a Massachusetts divorce, you may decide to pursue a no-fault divorce. A no-fault divorce means that your marriage broke down due to irreconcilable differences or something similar, rather than the actions of one party of the other. If you file for...
Dividing cryptocurrency as marital assets
If you were a person who invested $80 in Bitcoin in the year 2010, do you think you would have imagined those 1,000 bitcoins being worth $50 million today? And if you were a spouse to someone who spent $80 on Bitcoin during your marriage, would you want your fair...
The pros and cons of divorce-related market business valuation
If you are thinking of ending your marriage, retaining ownership of your business may be one of your top priorities. After all, you have put a significant amount of time, money and effort into your venture. Still, if the business is part of the marital estate, your...