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Concord Massachusetts Family Law Blog

Deciding who keeps the vacation home in a divorce

Posted by Sheara F. Friend | Jul 19, 2024 | 0 Comments

Divorce brings many challenges, including the division of assets. One significant question is often who will keep the vacation home. Vacation homes hold both financial and emotional value, making this decision even more complex. When dividing property, several factors come into play, and understa...

Cryptocurrency holdings and divorce

Posted by Sheara F. Friend | Apr 24, 2024 | 0 Comments

Cryptocurrency, a digital form of money, has become increasingly popular in recent years. As with stock and real estate purchases, people invest in cryptocurrencies hoping to grow their wealth. However, when couples decide to part ways, dividing these holdings can add complexity to the divorce pr...

What happens to investment accounts in a divorce?

Posted by Sheara F. Friend | Jan 25, 2024 | 0 Comments

When it comes to dividing assets in a divorce, investment accounts often play a role. In Massachusetts, understanding what happens to investment accounts during a divorce is important for individuals navigating this challenging terrain. Financial disclosure In the divorce process, both parties mu...

Health insurance options after divorce

Posted by Sheara F. Friend | Oct 28, 2023 | 0 Comments

As of 2022, KFF reported that 51% of companies offer spousal coverage for health insurance. Many couples take advantage of this to be able to choose the most affordable insurance option. However, in the event of a divorce, this can pose an issue for the spouse who is using their spouse's insuranc...

Tips for successful divorce mediation

Posted by Sheara F. Friend | Jul 27, 2023 | 0 Comments

Mediation offers a less contentious avenue for resolving your divorce. When you and your spouse maintain enough mutual respect to negotiate together, you might find that mediation is more affordable, less stressful and faster than litigating your settlement in court. There are a few tips for succ...

How should you handle debts in your divorce?

Posted by Sheara F. Friend | Apr 18, 2023 | 0 Comments

Divorce is often a complex affair, even more so for high-asset couples with valuable property on the line. Wealthy couples also tend to have significant debts to consider as well, though, which raises the question of how to handle those debts in the face of an upcoming divorce. It might not be im...

How do wealthier couples manage divorce?

Posted by Sheara F. Friend | Oct 21, 2022 | 0 Comments

When wealthy couples go into a divorce situation, many people expect things to explode. Sometimes they do, but this does not always happen. On top of that, the explosions that do happen are not always related to assets and finances, unlike popular opinion. Wealthy couples and their fights Busines...

Understand the financial impacts of a gray divorce

Posted by Sheara F. Friend | Jul 23, 2022 | 0 Comments

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 hard on your health but also...

3 simple ways to save money during your divorce

Posted by Sheara F. Friend | Oct 30, 2021 | 0 Comments

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 Massachusetts, you are likely to walk ...

Common modifications to divorce agreements

Posted by Sheara F. Friend | Aug 01, 2021 | 0 Comments

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 modifications. Changes to child support Co...

Can a court mandate support after a parent’s death?

Posted by Sheara F. Friend | Mar 22, 2021 | 0 Comments

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. The death of a paying parent...

Dividing cryptocurrency as marital assets

Posted by Sheara F. Friend | Feb 25, 2021 | 0 Comments

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 share? What if your spouse never ...

How can mediation benefit both parties in a divorce?

Posted by Sheara F. Friend | Feb 08, 2021 | 0 Comments

After a long and arduous process to decide to start divorce proceedings, you may worry that the divorce itself will be just as frustrating. Choosing mediation during divorce can benefit both you and your ex-spouse. Using this technique successfully can help your mental health and emotional well-b...

Modifying a child custody or parenting order in MA

Posted by Sheara F. Friend | Feb 07, 2021 | 0 Comments

For the most part, court orders are not set in stone. Individuals can request modifications to custody orders as circumstances dictate. As they did before creating an order, the courts will consider the best interests of the child before granting a motion to alter an existing agreement. Per FindL...

How do forensic accountants find hidden assets?

Posted by Sheara F. Friend | Feb 05, 2021 | 0 Comments

In Massachusetts, divorcing spouses have a legal obligation to disclose all assets and debts both to each other and to the court. This disclosure is essential in ensuring that each spouse receives an equitable share of the marital estate. Unfortunately, your spouse may not be as forthcoming as he...

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