Your spouse’s career has flourished over the years and their income has steadily grown as they reached the top levels of their company. You know that it consists of more than just a salary. You may have heard them talk about bonuses, stock options and commissions....
High Asset Divorce
When divorcing, don’t overlook high-value collectibles
If you and your spouse are divorcing, other than the custody of any children, the division of your property is likely the biggest issue you will face. Typically, the family home and any vacation homes or rental properties, along with the retirement accounts, are the...
When figuring your alimony request, don’t forget these common expenses
Alimony is still quite popular among divorcing couples here in Massachusetts. The Alimony Reform Act dictates how judges should base alimony decisions, in large part, on the length of a couple's marriage -- but a dependent spouse's expenses are also a big factor....
Can your family business survive divorce?
Family businesses take a lot of work and sacrifice from everyone involved. While a family business is often a source of pride for a couple, it’s also something that can cause problems if the marriage fails. Trying to determine what should happen to a business when the...
Do couples of means have more amicable divorces?
Wealth can't buy marital bliss, but it seems that a certain amount of wealth can lead to a more amicable divorce. What does a couple's net worth need to be to settle their divorce amicably? Couples with a higher net worth (defined as $5 million or more in combined...
Dividing major assets can be a frustrating step in your divorce
Dividing your personal assets during divorce can be one of the more difficult things to do. For some people, the items in their homes hold memories that they want to cherish. For others, the value of specific items makes them want to hold onto them. There is no...
Do you need a QDRO?
Your spouse has an incredible pension plan. They already earn well over $100,000 per year, and they have a pension. They haven’t been saving much else for retirement because they know that the pension is going to kick in. This has given you a very high standard of...
Think your spouse wouldn’t hide money from you? Think again
“The more you have, the more you stand to lose.” That adage is particularly true when it comes to divorce, and a lot of well-heeled spouses are very aware of the fact that they could lose a significant portion of their assets in a marital split. Consequently, there...
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...
Famous musician and wife embroiled in high net worth divorce
In Massachusetts and New Hampshire, any divorce proceeding can be complicated with various issues in dispute. If it is a high-asset divorce in which the couple has accrued significant assets, it is likely to have major strife. This is true even if there was a...
Subscribe To This Blog’s Feed