Downtown Boston, Massachusetts
265 Franklin St, #1702
Boston, MA 02110
(617) 963-3599

How will your marital assets be divided in divorce? February 12, 2018

Downtown Boston, Boston
How will your marital assets be divided in divorce?, Boston, Massachusetts

Everyone in a divorce should carefully consider how their assets will be divided.  Division of marital assets and liabilities can be one of the most important financial events in a lifetime. Your decision to contact a caring and capable divorce attorney is a great first step toward an outcome that will provide you with the security you deserve.

Massachusetts law provides spouses with an “equitable division” of assets owned and debts owed by either or both parties.  An equitable division requires a number factors to be considered, including the length of the marriage, the parties’ conduct during the marriage, their age, health, and occupation, their job prospects, and the amounts and sources of their income.  Commonwealth courts will also consider the parties’ needs, the amount and duration of alimony, and the present and future needs of dependent children.

Almost all forms of property are considered in the asset division process. Once this division has been approved or ordered by a Massachusetts Probate and Family Court, it is usually final, and not subject to modification unless fraud can be proven. Accordingly, parties should consider high-quality legal advice to be of critical importance, especially when divorce will result in the permanent division of significant financial accounts, premarital assets, pension and retirement accounts, stock options, or proceeds from trusts.  Services from an experienced divorce attorney become critical in cases where one spouse is attempting to hide assets.   

If you need such an attorney in Greater Boston, call on Badger Law. For over two decades they’ve provided their clients with the sound legal counsel and attentive representation needed to reach favorable outcomes. To learn more about their approach and the high-quality services they provide, visit their website, or call (617) 963-3599 today for a free initial consultation.  We look forward to hearing about your unique situation.

Other Announcements, Events and Deals from Law Offices of Robert E. Badger
3 Steps to Take if Your Ex Fails to Follow Child Support Orders, Boston, Massachusetts
Child support helps custodial parents with the high costs of raising kids, so it can create a significant financial burden when the other parent neglects to make their more
Services in My Child’s IEP Are Inadequate Or Are Not Being Provided; Now What?, Boston, Massachusetts
Before children can receive special education services at a public school, they must have an individualized education program or IEP. An IEP is a document that is tailored to more
What Divorcing Couples Should Know About Marital Property Division, Boston, Massachusetts
Marital property division is one of the most difficult aspects of getting divorced, especially in contentious separations where heightened emotions make negotiation difficult. While more
How Recent Tax Cuts Will Affect Alimony Payments, Boston, Massachusetts
For years, those who paid alimony could deduct the payments from their income taxes, and the payments were taxable income to the spouse who received the alimony. This situation more
Boston attorney to argue before Supreme Court of Hawaii, Boston, Massachusetts
In early June, a Massachusetts attorney, Robert Badger, will argue a real estate case before the Supreme Court of the State of Hawaii, which addresses the issue of whether more