Inheritances can be items such as cash, real estate and personal property. Usually, someone leaves these things as a gift to a family member. In a divorce, assets get divided equitably between spouses. The equitable division may or may not apply to inheritances....
Concord Family Law Blog
The role of business valuation in your divorce
When it comes to asset division during a divorce, both parties just want their fair share. If you are a business owner, you have the additional priority of protecting your enterprise, and a business valuation can help accomplish both goals. Determining the fate of a...
3 ways to protect your business during a divorce
Divorce can put a serious strain on your mental and emotional health, especially if the relationship with your spouse becomes particularly aggressive. What might concern you the most, however, is how you will preserve your business when it comes time to divide assets...
What factors affect the equitable distribution of assets?
In general, the longer a marriage lasts, the more likely you are to accumulate assets. In a Massachusetts divorce, the division of marital property follows the law of equitable distribution. What qualifies as marital property? Marital property refers to assets...
How to transfer retirement assets in a divorce
If you are going through a divorce, you will probably negotiate a property settlement agreement with your ex-spouse to govern the distribution of the marital assets. The property settlement will need to account for the division of retirement assets. You must give...
Ways forensic accountants help with divorce
Many remain unaware of what forensic accountants do. These specialists help unravel bankruptcies, money laundering, securities fraud, and tax evasion. Additionally, they can be relevant during a divorce. One can uncover important information that alters the...
Divorce mediation and your financial future
If your divorce goes to trial, a judge may be the one making crucial decisions about separating your shared assets. From real estate, business holding or other investments to items that have personal value, neither of you may have much control over the final judgment....
Will I lose my home in divorce?
The home you own with your spouse likely has immense emotional and financial value. In the event of a divorce, you may wonder if one spouse has the right to keep the home. Previous posts dealt with splitting up home equity, but what if you or your spouse do not want...
How to handle home equity in a divorce
When you divide property during a Massachusetts divorce, you may want to pay particular attention to your home’s equity. For many former couples, the equity they have in their once-shared home represents their most valuable asset. When it comes to your own home equity...
Dividing cryptocurrency in your divorce
Cryptocurrency, or digital currency, has become a hot-button issue in Massachusetts divorces. Many Americans now own at least one type of cryptocurrency. Yet, because it is relatively new, there are many questions about the role it plays in divorce and how divorcing...