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February 2015 Archives

Keeping aspects of property division in mind when divorcing in MA

For couples in Massachusetts who are going through a divorce, the emotional upheaval can be more than they can bear. Often, they're concerned about the closest, most tangible personal issues such as where they're going to live, who will have custody of children and what the support payments will be. This can lead to a lack of attention paid to property division and how marital property will be allocated fairly. Gathering information regarding these issues can help a divorcing couple prepare for them properly and not leave them to the side when they should be at the forefront.

The various forms of alimony and who is eligible in MA

Although the idea behind marriage is that it will last for the rest of the spouses' lives, it's a fact that in Massachusetts and throughout the country a significant number of marriages end in divorce. One aspect of a divorce that is often misunderstood is alimony. Understanding the various forms of alimony that can be awarded from a spouse to the former spouse is an important issue as will who is able to request alimony as part of the settlement.

What sources of income are used to calculate child support in MA?

Whether married or not, when a couple in Massachusetts shares a child, it is of paramount importance that the child's financial needs are adequately provided for. That means there will be a home to live in, clothes on his or her back, food in the refrigerator and cupboard, every day expenses and other financial accommodations to care for the child. The state has guidelines that dictate the amount the supporting parent will pay to the custodial parent. A common concern among parents who are paying and receiving child support -- and one that often arises during a child support dispute -- is which sources of income are subject to being part of the calculation of how much will be paid.

What is and isn't allowed to be written in prenuptial agreements

When people think about prenuptial agreements they often think about couple's whose balance of individual wealth is not proportionate. Then, the person with more wealth suggests a prenuptial agreement in order to hold on to all or most of their financial assets in case of divorce. While this may be the case for some couples, many are unaware of the other benefits that prenuptial agreements can have. This is probably due to the fact that many people simply do not know the type of details you can include in a pre-nup.