Koiles Pratt Family Law Group
Koiles Pratt Divorce and Family Law
If you are 50 or older and facing divorce, you need to look at the financial impact this parting of the ways will have on your financial future. Start by learning all you can about your current finances. Using this information as a starting point, work out a plan for…
Read MoreIn a marriage, it is not uncommon for one partner to handle the majority of the finances. This leaves one spouse with little access or knowledge over what is actually going on with assets and bank accounts. This can be a problem when it comes time to divide property and…
Read MoreThousands of Massachusetts residents have gone through a divorce. However, some cities have couples who appear to be more prone to divorce than others. The cities with the highest divorce rates in the state include North Adams, Newburyport and Pittsfield. One of the most contentious issues that will come up in any…
Read MoreJust because you get a divorce does not necessarily mean you completely end any type of relationship with your ex. In fact, you may end up co-parenting with your former spouse. You may need to navigate this new family dynamic that requires you to cooperate and put your children first…
Read MoreNowadays, divorces range broadly in terms of complexity, with some proving far more complicated and drawn-out than others. For example, young couples only married for a short time may not have much to work through. However, older couples who have considerable assets or particularly complex finances may find that dividing…
Read MoreA father who failed to attend a custody court hearing will be spending six months in jail. The man, who was living in Massachusetts at the time of the child custody hearing, was found in contempt of court for failing to attend the hearing, which was held in another state. He…
Read MoreMany times, a family business is a focal point in the property division phase of a divorce. The task of determining how to divide it is not an easy job, and some sticky issues may need resolving before reaching an equitable division. Determining standard of value If you and your…
Read MoreSome couples make the decision to divorce gently and amicably. However, some couples involved in a high asset divorce in Massachusetts might have trouble accomplishing that. There is much at stake financially and when money and assets are involved, negative emotions can run rampant, making it hard to make logical, unemotional…
Read MoreSharing the wealth may take on a whole new meaning come the new year. As of Jan. 1, newly divorced Massachusetts residents will be experiencing alimony payments in a new way thanks to the federal government. The person making payments will no longer be entitled to a tax deduction while the…
Read MoreNew tax laws will have an impact on divorce issues. Those laws will have a definite impact on alimony payments in Massachusetts. They take effect on Jan. 1, 2019. So those who are considering divorce should know that as of that time payers of alimony won’t be able to deduct those…
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