Kajko, Weisman & Colasanti, LLP

high net worth divorce Archives

Before going through a high net worth divorce, think of the Bezos

Divorce, no matter when, why or how it happens, can be challenging to get through. If significant assets are involved, things may prove even more difficult. There is a lot at stake in a high net worth divorce, so one cannot afford to make mistakes. Before getting started with the process, it may help some Massachusetts couples to think of the Bezos and follow their example of how to handle the situation.

How are alimony payment amounts determined in Massachusetts?

Often, when a Massachusetts marriage comes to an end, at least one party within it wants to secure alimony payments from the other to help him or her get by in the absence of the former partner. If you are among those planning to pursue alimony from your former partner, you may have questions about what factors undergo consideration when making alimony determinations and how much you can expect to receive in your payments if awarded alimony.

How do you handle high assets in a divorce?

In Massachusetts, residents like you who are divorcing your spouse will need to handle splitting your assets, too. The more assets you have, the more complex the potential legal issues related to them may become. We at Kajko, Weisman & Colasanti, LLP, are here to help you work through these possible hurdles.

How should I ask my spouse for a divorce?

You may have been unhappy in your marriage for a long time, but it can be difficult to think about telling your spouse you want a divorce. You may be afraid of his or her potential reaction, or you could still care for your spouse and not want to hurt him or her. Breaking the news can be one of the most difficult things Massachusetts residents face.

What to know about filing taxes after divorce

When your Massachusetts marriage ends, your life will change in countless ways, and while some of those changes will likely involve adjusting to new living or custody arrangements, others involve tax-related considerations. At Kajko, Wiseman & Colasanti, LLP, we are well-versed in the significant tax law changes that will impact you and others who divorce this year or moving forward, and we have helped many people navigate this and other hurdles that arise amid divorce.

Dealing with your 401k during your divorce

As you enter into your divorce proceedings in Lexington, one asset that you will want to prepare for when dealing with property division is your 401k. Many often ask us here at Kajko, Weisman & Colasanti, LLP why their 401k's are considered marital assets when such account are funded through their individual employment efforts. We remind them that the income they earn from their jobs during their marriage is considered a marital asset, and given that a 401k is funded largely by one's income, it too falls under the same category. This brings us to the next important topic: how is it too be divided? 

Alimony, gender and taxes

Long gone are the days when getting a divorce is an unusual thing for couples in Massachusetts but simply the act of getting divorced is not the only thing that has changed over the past several decades. Even the face of divorce itself looks different today than it once did.

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.

Sex addiction and divorce

Although there are many reasons why couples come to the conclusion that their marriage needs to end, a partner's unfaithfulness is responsible for many divorces. Some people may cheat on their spouse one time and deeply regret what they have done, while others may have little or no regard for their actions. Sometimes, these affairs may go on for years without the other party knowing, while other instances may involve someone being aware of their spouse's infidelity. Moreover, some people cheat on their spouse frequently as a result of sex addiction.

Email Us For a Response

Tell Us About Your Case

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Lexington Office
430 Bedford Street, Suite 390
Lexington, MA 02420

Phone: 978-296-5107
Fax: 603-324-5101
Lexington Law Office Map

Nashua Office
98 Spit Brook Road
Suite 1105
Nashua, NH 03062

Phone: 781-325-1786
Fax: 603-324-5101
Map & Directions

Andover Office
68 Main Street, Suite 4
Andover, MA 01810

Phone: 781-325-1786
Map & Directions