While weddings can bring out the best in people, divorce can do the opposite. With financial issues noted as one of the leading causes of divorce, it’s no surprise that a spouse may attempt to conceal assets. Whether or not you’re facing a high-stakes divorce, many spouses attempt to keep funds shielded from the property division process. This is not
You may have recently entered a new relationship status—fiancée. However, the last thing on many new couples’ minds is a prenup. Couples often wonder if they need a prenuptial agreement. While some couples view a prenup as an exit strategy to a quick divorce, others view it as an insurance policy. Think of it this way, are you doomed
We are pleased to announce that Attorney Katharine Kelly has been selected as a 2021 Massachusetts Super Lawyers Rising Star. This is an exclusive list, recognizing no more than five percent of attorneys in the Commonwealth. Super Lawyers, part of Thomson Reuters, is a research-driven, peer influenced rating service of outstanding lawyers who have attained a high degree of peer
Rise of the Gray Divorce While short-lived marriages are the stuff of tabloid articles and morbid curiosity, the public tends to think of twenty-year or thirty-year marriages as unshakeable. With advances in medicine and an overall increase in lifespans from our parents’ and grandparents’ generations, there has come about a new social phenomenon: the “gray” or “silver” divorce. Other names
Just like every marriage is different, the details of every divorce are different too. Couples have numerous reasons for only having one spouse’s name on the deed of their home. If this is the case for you and your spouse, this does not mean the deed holder automatically is awarded the house. Let’s review Massachusetts marital property laws to better
As part of the divorce process, both parties are required to complete a financial disclosure. This ensures both parties have a complete picture regarding finances. The financial disclosure includes details about all assets and compensation, including and Restricted Stock Units (RSU) grants. Before understanding how RSUs are divided in a divorce, let’s review a few basics. Restricted Stock Units
Splitting assets during a divorce can be an arduous task. To complicate things, the division of certain retirement savings accounts requires an extra step. DRO vs. QDRO Divorce proceedings often conclude with a domestic relations order (DRO) to lay out the division of retirement assets. However, assets from a qualified retirement plan, such as a 401(k), are covered by the
Under Massachusetts law, both parents have a duty to support their child. Typically, following a separation or divorce, only one parent is considered the custodial parent. This is the parent who lives with and has primary care of the child. The support provided by the custodial parent is offered in the time and care given to the child. When families
No matter your reason for divorce, one of the most contentious issues that arise in any divorce is the subject of alimony. Alimony payments—also known in some states as “spousal support” or “maintenance” is the legal obligation that a supporting spouse pay to the supported spouse. Massachusetts courts generally award alimony to the lower-earning spouse so that spouse can maintain
Whether you’re anticipating a separation or contemplating divorce, you should know some key information regarding divorce in Massachusetts. Reasons for Divorce There are several permitted grounds for divorce under Massachusetts law. Traditional fault grounds—such as adultery or incarceration—as well as no-fault grounds, are justifiable means for divorce. No-fault grounds describe a faultless but irretrievable breakdown of the marriage. Support Payments
While weddings can bring out the best in people, divorce can do the opposite. With financial issues noted as one of the leading causes of divorce, it’s no surprise that a spouse may attempt to conceal assets. Whether or not you’re facing a high-stakes divorce, many spouses attempt to keep funds shielded from the property division process. This is not
You may have recently entered a new relationship status—fiancée. However, the last thing on many new couples’ minds is a prenup. Couples often wonder if they need a prenuptial agreement. While some couples view a prenup as an exit strategy to a quick divorce, others view it as an insurance policy. Think of it this way, are you doomed
We are pleased to announce that Attorney Katharine Kelly has been selected as a 2021 Massachusetts Super Lawyers Rising Star. This is an exclusive list, recognizing no more than five percent of attorneys in the Commonwealth. Super Lawyers, part of Thomson Reuters, is a research-driven, peer influenced rating service of outstanding lawyers who have attained a high degree of peer
Rise of the Gray Divorce While short-lived marriages are the stuff of tabloid articles and morbid curiosity, the public tends to think of twenty-year or thirty-year marriages as unshakeable. With advances in medicine and an overall increase in lifespans from our parents’ and grandparents’ generations, there has come about a new social phenomenon: the “gray” or “silver” divorce. Other names
Just like every marriage is different, the details of every divorce are different too. Couples have numerous reasons for only having one spouse’s name on the deed of their home. If this is the case for you and your spouse, this does not mean the deed holder automatically is awarded the house. Let’s review Massachusetts marital property laws to better
As part of the divorce process, both parties are required to complete a financial disclosure. This ensures both parties have a complete picture regarding finances. The financial disclosure includes details about all assets and compensation, including and Restricted Stock Units (RSU) grants. Before understanding how RSUs are divided in a divorce, let’s review a few basics. Restricted Stock Units
Splitting assets during a divorce can be an arduous task. To complicate things, the division of certain retirement savings accounts requires an extra step. DRO vs. QDRO Divorce proceedings often conclude with a domestic relations order (DRO) to lay out the division of retirement assets. However, assets from a qualified retirement plan, such as a 401(k), are covered by the
Under Massachusetts law, both parents have a duty to support their child. Typically, following a separation or divorce, only one parent is considered the custodial parent. This is the parent who lives with and has primary care of the child. The support provided by the custodial parent is offered in the time and care given to the child. When families
No matter your reason for divorce, one of the most contentious issues that arise in any divorce is the subject of alimony. Alimony payments—also known in some states as “spousal support” or “maintenance” is the legal obligation that a supporting spouse pay to the supported spouse. Massachusetts courts generally award alimony to the lower-earning spouse so that spouse can maintain
Whether you’re anticipating a separation or contemplating divorce, you should know some key information regarding divorce in Massachusetts. Reasons for Divorce There are several permitted grounds for divorce under Massachusetts law. Traditional fault grounds—such as adultery or incarceration—as well as no-fault grounds, are justifiable means for divorce. No-fault grounds describe a faultless but irretrievable breakdown of the marriage. Support Payments
