Older couples in Massachusetts who are considering divorce might feel they are in step with the rest of the nation. Overall, the U.S. divorce rate since the 1990’s has just about doubled for individuals aged 50 and older, as reported by Pew Research. Divorce may...
Year: 2019
How women can protect investment accounts during a divorce
When it comes to investments, most of the focus tends to be on men. Similarly, when it comes to protecting assets during a divorce, the focus once again falls on men. Yet, in many Massachusetts households, women are breadwinners too. These financially savvy women may...
High-asset divorce and financial topics
Those with a high net worth may have many a number of concerns that keep them up at night when it comes to the end of a marriage, whether they are overwhelmed by stressors related to running a business or playing a key role in their company's success. They may be...
What are hurdles high asset divorcees face?
As a couple in Massachusetts dealing with high assets, you are going to face unique problems that couples without the same amount of assets won't necessarily face. Knowing and understanding these issues before they potentially become a problem is important for the...
Your estate plan and your divorce
If you are getting a divorce in Massachusetts, you may often feel like there is no end to the number of decisions you have to make or the things you have to change due to this decision. A divorce can and does impact every aspect of your life and that includes those...
What to do if a parent does not follow a custody or support order
When two individuals with a child divorce, then a judge will issue a custody or support order. This order is necessary to resolve the matter of where a child should live, who will be the official caretaker of the child and how often a child should visit a co-parent....
How is the value of a business determined?
When divorcing spouses own a business in Massachusetts, getting it properly valued is important to determine the fate of the company. Whether the spouses hold on to the business, or if one spouse is bought out, or if the business is sold and the proceeds split between...
Do you have answers to your questions about mediation?
While you know your marriage to your spouse in Massachusetts has come to an end, one thing you are not sure about is whether mediation is better than traditional divorce. To decide the best path, getting reliable and current answers is essential. The Academy of...
Do you know what happens if you fail to pay child support?
When you and your ex-spouse first created a child support order together, your employment with a Massachusetts company made it easy for you to keep up with payments. As the months or years went by, that changed. Now, you sometimes struggle to provide for your kids and...
Change in tax code will affect high net worth divorce
Up until the 2018 tax season, alimony payments were tax-deductible. However, the Tax Cuts and Jobs Act changed things for couples whose divorces involve alimony payments. Alimony payments for divorces finalized in 2019 or later can no longer be deducted from tax...