Going through the dissolution of a marriage can be complicated not just emotionally but also financially. For this reason, it is critical that those going through divorce consider the full picture and remain financially cognizant of what is taking place during the proceedings. Here are a few tips for tackling the...
Category: Divorce
Splitting of inherited IRA can be tricky during divorce
Going through a marital breakup in Massachusetts is no doubt a difficult feat both financially and emotionally. From a financial standpoint, figuring out how to divide major assets, such as the home or a retirement plan, can especially be daunting. A particularly tricky area of divorce property division today is the...
Divorce can affect college application process
The dissolution of a marriage in Massachusetts can understandably be emotionally and financially tough to navigate. This is true for any parent going through divorce, but it is also the case for any children experiencing it. A particular area that may be impacted by divorce is the eligibility of a child...
Divorce can impact people financially in several ways in 2018
The process of getting divorced in Massachusetts can understandably be overwhelming both emotionally and financially. After all, it involves several moving parts that have potentially long-lasting impacts. Here is a glimpse at how divorce can impact a person's retirement, taxes and financial status in 2018.
First, divorce can have an impact on a person's investing...
Divorce mediation, litigation require different amounts of time
Going through a marital breakup in Massachusetts is anything but easy from both an emotional and a financial standpoint. As a result, two spouses would likely want to complete the divorce process as soon as possible. This may be possible with mediation, although the opposite is often true with divorce litigation.
Mediation...
Baby boomers choosing divorce for various reasons
Divorce chances increase due to specific risk factors
Responding to divorce petition a crucial step in marital breakup
Divorce does have its perks
Prenuptial agreements may not be enforceable in certain scenarios
Sometimes, marriages do not last, no matter how hard two spouses try to make it work. When divorce cannot be avoided, one of the most valuable tools a couple in Massachusetts can have in their arsenal is a prenuptial agreement. However, prenuptial agreements are worthwhile only if they are created properly.
A prenuptial agreement...