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.
Ending your marriage could present many challenges, whether you have uncertainty about how your future will be affected once you split up with your spouse or you have concerns about legal matters. However, all of these worries can be eclipsed by other issues, such as the impact your divorce may have on your child. Ending a marriage can be difficult for children, and they may wonder how their life will be affected by this huge life decision. Moreover, you may find yourself in a position where you have to explain your divorce to your kids even though you were not ready to tell them about it.
There are many factors to negotiate when going through the divorce process. One of the most challenging may be that of property division. Whether you have just recently filed for divorce or are considering initiating the process, you may want to think about how the property and assets accumulated during the marriage will be divided in the divorce settlement. Massachusetts is an equitable division of property state, meaning the estate will be divided according to what the judge deems fair and just.
Couples going through a divorce in Massachusetts have a lot to consider and agree upon. While you may want to believe your spouse is being truthful and straightforward about his or her assets, it is in your best interest to do some extra digging and make sure nothing is being hidden and held back from you.