You’re a stay-at-home parent, as you have been for the last 10 years. When you and your spouse decided to have children, you also decided that your spouse could continue working to grow their business and you would quit your career to care for the kids. Over the last...
Divorce
Mediation may be an option in your high net worth divorce
Divorce mediation is quickly becoming one of the most effective ways to end a marriage. Mediation is a collaborative process, which means that spouses can work together to overcome disputes that often delay a divorce. For most couples, this is a far better alternative...
Can you buy your spouse out of your business during divorce?
You decided that you wanted to divorce your spouse because they weren’t helping make your marriage better. You often found that you disagreed, and you got tired of all the conflict. Being in the position you are now, you’re concerned that your spouse will try to get...
Handling the family business in a divorce
Building and growing a company while you’re married can be a great source of joy and pride for a couple, but that same company might become a source of contention if the couple splits up. For some, trying to determine what to do with a family business is one of the...
Should I divorce if I have a high net worth?
Having a high net worth definitely comes with its advantages. You'll have more opportunities to live a fulfilled life, both when it comes to business and pleasure. The more assets you have, the more investment options and choices will present themselves to you. That...
High net worth divorces: What could invalidate a prenuptial agreement
Many couples, wealthy and not so wealthy, are taking advantage of the benefits that a solid prenuptial agreement can provide. When completed correctly, a prenup can protect your business, establish in writing your financial rights and preserve your assets. In a high...
Know how to handle antiques and artwork in your divorce
As you move through life and acquire assets, you might lose focus on just how valuable they are, especially as you replace your focus on financial value with sentimental value and emotional attachment. There’s nothing wrong with this, per se, but it can leave you in a...
Is there such a thing as a “good” divorce?
The word “divorce” has negative connotations for apparent reasons. However, even though a divorce symbolizes the end of a marriage, that doesn’t necessarily mean that the overall legal and emotional process of the divorce needs to be overly difficult. Our readers may...
Should I fight for the family home in my divorce?
There are many significant decisions you'll have to make as you go through your divorce, and property division addresses a lot of them. Deciding what to do with the family home can be especially challenging given that there are often emotions tied to it. So, when it...
Can alimony be deducted on your taxes?
If you are someone who has recently undergone a divorce in Massachusetts and are required to pay alimony under a divorce settlement, one of the important questions you may have is whether you can deduct your alimony payments on your taxes. According to Findlaw, the...
Subscribe To This Blog’s Feed