Kajko, Weisman & Colasanti, LLP

April 2019 Archives

Be HEARD bill introduced in Congress

Residents in Massachusetts and around the country have been keenly aware of the continuing problem the nation is facing when it comes to sexual misconduct and harassment in the workplace. Despite continuing progress in some areas, women and even some men still experience discrimination or harassing behavior. The Me Too movement has brought this topic to the forefront of the national conversation. Now, several senators and congressional representatives are taking action.

You just got served. Now what?

America is frequently referred to as the most litigious country in the world. Simply put, we love to sue. Even so, when you are the one getting served in Massachusetts, it may not feel commonplace at all. You may begin to think you are the only person in the world who truly knows what it is like to either be caught in the act or be falsely accused.

What are some tax concerns when dividing assets?

No matter what time of year you get a divorce in Massachusetts, one thing to always keep in mind is the tax liability of any decision you make as part of your settlement. This is especially true in a high net worth divorce situation because you are most likely to have accounts that will face huge tax burdens if they are not handled properly. You should work closely with a tax professional to get the bottom line information about taxes for different accounts. You also should be aware of certain situations that could also bring about some tax liability.

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