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February 2013 Archives

Monthly alimony might not suit every divorce

When it comes to post-divorce life, people more than anything want some stability. After such a tumultous emotional time, dealing with financial struggles can be nearly overwhelming, which is why it is important to protect assets during the divorce settlement phase. Even during and after a high asset divorce, financial struggles can ensue.  In addition, because of new tax hikes on high-earning individuals, people receiving periodic alimony might be getting squeezed by federal taxes a bit more now than in the past.

Valentine's Day - is it really a sign of upcoming divorce?

With Valentine's Day having come and gone, readers here in Massachusetts may be interested to note that the time following the holiday tends to see a large increase in divorce filings. Along with New Year's Eve and other "expectation holidays," studies have revealed that divorces seem to spike following a holiday letdown.

When alcoholism interferes with parenthood

People in Massachusetts may have seen a recent news article about the pressures and hardships of dealing with an alcoholic spouse, and how these pressures can be even more pressing for married couples with children. Alcoholism can not only destroy a marriage, it can cause terrible problems for the family, especially the children. Alcoholism can also be a problem when it comes to determining child custody and visitation rights for an alcoholic parent.

Dividing property after a split can be tricky business

People in Massachusetts may have seen a recent article about the pitfalls of property division during a divorce settlement. During an emotionally difficult and volatile time like a divorce, people have a lot of things to think about and a lot of headaches and heartaches to deal with, so tax consequences might not be the first concern on people's priority lists during a separation. However, by paying attention to a few minor details, divorcees can save themselves big bucks down the road.

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Kajko, Weisman & Colasanti, LLP

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