You can win — or lose — a lot in a high-net-worth divorce. Hiring an attorney with extensive experience in the recognition, valuation, and distribution of high-value assets is critical to securing a favorable settlement. Why High-Net-Worth Divorces Are Difficult Handling high-net-worth assets can be challenging. You must identify, value, and distribute both tangible and […]
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What Business Owners Need to Know When Considering Divorce in MA
It is never easy to divide up assets when a couple divorces in Massachusetts. However, when one or both partners own interests in a closely-held business, the task becomes far more complicated, both financially and emotionally. It is a good idea to take special care with issues that can potentially cause problems right from the […]
Read MoreHow to Find Hidden Assets & Income in Divorce
Whether due to dishonesty or disorganization, many clients end up in a position where they need to look for hidden assets and income during the divorce process. It is worth taking the time to make a thorough search because the division of assets you agree to in your divorce settlement cannot be changed in most […]
Read MoreWill Your Social Security Payments Be Reduced If Your Ex Claims Spousal Benefits?
Social Security retirement benefits can make up a significant portion of the income you plan to enjoy in retirement. But what if a former spouse wants to claim benefits based on your income rather than their own? Will that reduce your benefits? Benefits for Spouses and Former Spouses Someone who is currently married or who […]
Read MoreWhy Should You Hire Financial or Other Experts in a High Net Worth Divorce?
A high-net worth divorce involves assets far more complicated than cash. Executive compensation plans, business interests, rare collections, unique real estate, and other distinctive assets are often part of the portfolio. One partner may have complex assets that the other is unaware of. Determining how these assets should be valued and divided is a task […]
Read MoreDivorce Tips for Massachusetts Business Owners
Your business is more than just a job and much more than a regular financial asset. Yet divorce laws can treat your business as if it has no more meaning and complexity than a savings account. To protect your interests and all that you’ve worked so hard to achieve, you need to anticipate and prepare […]
Read MoreWho Gets to Keep the House When You Divorce in Massachusetts?
Financial matters are the greatest source of arguments among married couples, so it’s no surprise that they also raise some of the biggest conflicts in divorce proceedings. When questions arise about the family home, there are not only financial issues but also intense emotional attachments coming into play. So when you divorce in Massachusetts, who […]
Read MoreIs Massachusetts a 50/50 State for Property Division in Divorce?
Many clients assume Massachusetts is a “community property” state that splits marital assets on a strict 50/50 basis when a couple is divorcing. This is not the case. Instead, Massachusetts courts divide property in a manner they see as equitable or fair. Couples could end up with an even split, but the court may find […]
Read MoreFinancial infidelity during marriage can mean problems in divorce
Any infidelity can be painful, but financial infidelity cuts deep. Financial infidelity is when one spouse hides assets, income or debts from the other. It can mean finding out suddenly that you’re much more deeply in debt than you expected. It can have real-world consequences. It can hurt, so much. It can cause you to […]
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