Bishop & Reidy, P.C.
Experienced Legal Counsel Call us today: 888-812-2610 | 617-934-5039 or request an appointment onlinearrow

High Asset Divorce Archives

Forensic accountants help uncover hidden assets in divorce

During the property division phase of any Massachusetts divorce, full disclosure of assets and liabilities is critical to the fairness of the process. However, there are times when one or both parties to a divorce suspect the other spouse may be hiding assets. This is particularly true in cases of high asset divorce; in these cases significant property interests may be at stake and financial disputes may result.

Important points about high asset divorce in Quincy

In Quincy and throughout the state, outsiders might look at a prominent couple, their assets, lifestyle and financial situation and feel envy as to what they have. The truth it that it's impossible to tell a book by its cover and that there are times when a well-known couple in a marriage is unhappy and chooses to move forward with a high asset divorce. Any kind of divorce holds challenges, but there are numerous issues that arise with a high asset divorce that must be considered before going through with it.

January is a popular month for divorces in Massachusetts

January is the month of the New Year's resolution. Many across Massachusetts have vowed to join a gym and get healthy or quit smoking in hopes of achieving their goal this year. On the flip side, many swear that January is also "divorce month." It is believed that with all the New Year's resolutions also comes time for emotional cleaning and organizing- hence divorce.

One of largest the U.S. divorces continues with second appeal

On some basic level, many divorces involve the same controversy, conflict and disagreement, regardless of whether the couple is excessively wealthy or of more moderate means. However, significant wealth, property, assets, or business interests can complicate things considerably, and many high asset divorces involve issues and factors that are not present in other divorces. One example is the continuing saga of the divorce of an oil magnate and his ex-wife.

Understanding the complexities of a high-asset divorce

Divorce may not be an easy topic to think about, but it is a basic reality for many individuals in Quincy who have determined it is no longer in their best interests to remain married. While sometimes a divorce can be amicable, with each spouse parting ways on agreeable terms, this can become complicated in a high-asset divorce. This is because one very personal and sometimes hotly contested issue of both a marriage and divorce is money. And when emotions run high, it is easy to make financial mistakes.

Basics of the Massachusetts divorce process

For couples in Quincy, the decision to divorce is not one to be taken lightly. This is especially true when there are numerous assets at stake and children involved. Those who decide that they are no longer able to continue with the marriage must take care to follow the law and take the proper steps to move forward with ending the marriage.

Divorce in Massachusetts is governed by common law

Going through a divorce can be mentally and emotionally draining and while it can be difficult to maintain a level head during the process, there are important aspects of property and assets that should be kept in mind. Firstly, all marital property is subject to property division during the divorce proceedings. However, that does not mean that all the property a divorcing couple "shares" is considered marital property.

Melanie Griffith files for divorce from Antonio Banderas

When a celebrity couple decides to get divorced, many complications can arise. Many of the most difficult questions pertain to the division of the couple's property. Celebrity couples often have a high number of assets and dividing those assets can prove challenging.

$400 million divorce may be in Letterman's future

When a celebrity goes through the process of divorce, they often have many more details to sort through. This is typically because of the high number of assets that the couple has usually acquired through the duration of the marriage. When it comes time to divide these assets, some couples face extremely high stakes.

Amy Poehler, Will Arnett to divorce

Massachusetts readers of this blog may be familiar with comedy actors Will Arnett and Amy Poehler. Arnett appears in "Arrested Development," and Poehler is famous for her role in "Parks and Recreation." Arnett recently filed for divorce from Poehler after nine years of marriage.