When high-asset parents decide to part ways, the question of child support often arises. Massachusetts offers a framework for determining appropriate payments in many situations. However, whether high-income parents follow these guidelines can vary significantly....
Concord Family Law Blog
Role of forensic accounting in high-asset divorce
When couples decide to part ways, the division of assets can often become a complex and contentious process. This is especially true when the couple has significant wealth. In such cases, forensic accounting plays an important role in ensuring fairness and...
Can you spend money on a vacation during a high-asset divorce?
Divorce proceedings can be intricate, particularly when significant assets are in the picture. As couples navigate high-asset divorce in Massachusetts, questions often arise regarding discretionary spending, such as planning a vacation. Understanding the implications...
4 reasons to consider mediation during a high-asset divorce
Divorce, especially in high-asset situations, can be a challenging and emotionally charged process. Couples facing the complexities of dividing substantial assets have found solace and resolution through mediation. Mediation offers a constructive and confidential...
What to know about dividing a business in a divorce
Owning a business can further complicate the already complex process of divorce. If you have invested significant time and energy into a commercial venture, you surely do not want to let it go easily. However, a business can become marital property like any other...
How to safeguard your inheritance in a divorce
SmartAsset reported the average inheritance in the U.S. as of 2023 was $46,200 with the top 1% receiving an average of $719,000. Regardless of how much you may inheirt, it is essential to safeguard it in the event you get a divorce. When you are dealing with the...
How social media may impact divorce
According to the Joint Economic Committee, 6.4 marriages of every 1,000 end in divorce in Massachusetts. Anyone facing a divorce has to be aware of how their actions could impact the final settlement. In today's digital age, the pervasive presence of social media in...
Is claiming an ex-spouse’s Social Security an option for you?
A Massachusetts divorce has a notable impact on your finances, potentially affecting everything from how much you have to spend each month to how much you have tucked away for retirement. Many people working through divorce have concerns about enjoying the same...
Is your spouse entitled to your inheritance in your divorce?
According to Statista, there was one divorce for every 1,000 Massachusetts residents in 2021, and many of those divorces dealt with complicated asset division issues. Untangling shared financial matters can become complicated when you go through a divorce. If you...
Professionals who can assist you during your divorce process
Divorce can be a complex and emotionally challenging process. Seeking the assistance of professionals who specialize in various aspects of divorce can provide valuable support and guidance. It can be helpful to consider engaging a number of different professionals to...