Throughout your marriage, you and your spouse supported one another and shared your resources. Both of you have come to expect a certain standard of living and to enjoy certain benefits that you derive because of your marriage. When one spouse files for divorce, both...
High Asset Divorce
How are spousal gifts handled during a divorce?
When you get divorced, you know well that marital assets must be split. There are plenty of things that you and your spouse shared, such as homes, cars, furnishings and basic income. These are going to get divided between the two of you. That said, there are also...
Is your spouse hiding a cryptocurrency cache from you ahead of your divorce?
Many individuals have begun sinking funds into cryptocurrencies in recent years. Their reason for doing so is two-pronged. Cryptocurrencies are relatively anonymous, and thus continue to be largely unregulated. They also are a new investment option and quite...
How do appraisers assess the value of assets in a divorce?
When a divorcing couple has a lot of valuable assets -- particularly collections, works of art, intellectual property and the like -- the property division process can get very complicated. There are times when it's necessary to bring in outside professionals to...
What happens to your family heirlooms in your divorce?
Heirlooms often have little more than sentimental value. However, in high-asset divorces, family heirlooms can become a point of contention. Art, guns, jewelry, antique furniture, and other items are meant to be passed down for generations, but those items may be...
Understanding restricted stock units can be key when dividing assets in divorce
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....
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...
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