Many couples in Massachusetts may find it odd to talk about getting a divorce in order to save some money. However, some people have felt that it is in their best interests to divorce on paper in order to save money or to qualify for certain benefits through government organizations. Before a person makes their decision, they will want to weigh both sides of the matter.
Going through a divorce in Massachusetts is usually an emotional and stressful process, and it is even worse when there are kids involved. Unfortunately, these emotions can get in the way of making important decisions, and this can lead to unwanted results or unintended financial consequences.
There are many risks associated with business partnerships in Massachusetts. One that catches many business partners by surprise is the risk of their partner’s divorce. These entrepreneurs may have taken every step to protect the company via prenuptial or postnuptial agreements, solid estate plans and even a succession plan. However, if their business partner failed to take similar steps, a divorce may cost them both a good chunk of the business.
For many students in Massachusetts, taking out loans was the only way they could afford to attend college. While some graduates have since repaid their debt, students in Massachusetts do contribute to the $1.5 trillion of student loan debt owed in America.
Women in Massachusetts and the rest of America are no longer staying home throughout their marriage. The stereotype of the stay-at-home mom has been changing rapidly for over a decade, with men now often playing the role of stay-at-home-dads.
When couples divorce in Massachusetts, it can be a difficult time for the entire family. While there are some cases where children and the parents are relieved to call it quits, the vast majority of families find it difficult to face new challenges apart.
When divorcing in Massachusetts, people are often surprised to know that the end of the marriage is counted in two ways. The first is the date of separation and the second is the actual finalization of divorce. But, why does it matter when you separated? Does it have any legally binding consequences?
You have heard the stories about people suffering financially as they struggle to cope with the drastic aftermath of their divorce. Now, you are looking for ways to boost your own financial situation and prevent your divorce from creating too much strain so you can continue to live a comfortable life. At Armstrong Law, P.C., we are committed to helping people in Massachusetts to work through their divorce as quickly as possible with minimal repercussions.
If one of the marital assets you and your spouse own in Massachusetts is a family business, what happens to it when you divorce likely will become a major issue. If you are like most couples, your family business represents not only your greatest asset, but also the one that provides most, if not all, of your family income. Consequently, how you split it up undoubtedly will have lasting consequences for both of you.
People end their marriages for countless reasons and at different times in their lives. For example, some may push off their divorce until their kids have reached adulthood, while others may end their marriage after being married for a matter of months. Some people are in unique situations too, such as those who decide that their marriage needs to come to an end after recently relocating to a new home, a new city or even a different state. If you have recently moved with your spouse, there are different considerations you should go over when it comes to the divorce process.