Boston residents may have heard the report of a particular west coast couple whose tremendous wealth and assets was split in a rather pragmatic manner. A Seattle paper recently covered the story of a west-coast business mogul who, after 23 years, was divorcing his wife. Over that amount of time most couples probably pick up a knick-knack here or there
There may not be two more feared words in the English language than “taxes” and “divorce,” but if you are considering the latter, you really have to look at the implications of the former. People considering divorce in Massachusetts have to think about how their divorce settlement or order will affect their financial health, and managing the resulting tax consequences
Boston family law observers might be interested in a recent article discussing the state of the institution of marriage and the rate of divorce in the U.S. today. According to figures from the U.S. Census, men in 1960 divorced at a rate of 1.8 percent, while the figure for women was 2.8 percent. By 2011, that figure had climbed: Eleven
Boston residents likely remember Christy Mihos, who twice made unsuccessful attempts to become governor of Massachusetts in 2006 and 2010. Mihos and his wife are currently in the process of obtaining a divorce, which could be a highly-charged process given some details that have come out recently about the couple. First, Mrs. Mihos has claimed that her husband spent $25
Divorce proceedings between Tom Cruise and Katie Holmes have come to a speedy conclusion. Less than two weeks after Holmes filed for divorce, the couple reached a settlement that surprised many with its quickness. This shows that even in complicated, high-asset divorces, a settlement can be reached if the couple is willing to work together to resolve their issues. Boston
Not every marriage lasts, and as more and more same-sex couples tie the knot, we are beginning to see the emergence of a relatively new family law phenomenon: gay divorce. In states like Massachusetts, where gay marriage is recognized, divorcing same-sex couples will have to face the many issues that come with a legal separation. But because of the current
Massachusetts residents surely have seen the coverage of Robert F. Kennedy Jr.’s recent family struggles, which culminated in the tragic death of his estranged wife Mary Kennedy last month. Robert Kennedy had filed for divorce from Mary about two years ago, but the case had not concluded when she passed away. The couple had four children together in addition to Robert’s two
A recent court ruling from another state may be of interest to same-sex Massachusetts couples considering divorce. The ruling will allow for that state to recognize and perform same-sex divorces, even though the state will not allow same-sex marriages to take place there until January of next year. The ruling specified that state courts would only withhold recognition of a valid
At one time, the parties in a typical high-asset divorce in Massachusetts used to be a high-earning husband and his wife, who was often awarded alimony. Alimony provided needed support to the wife, who usually had little or no outside income. That situation may not be the norm much longer. According to the American Academy of Matrimonial Lawyers, 47 percent
Divorcing couples in Massachusetts may have spent years and decades of their lives together. Over that time, some people will have accumulated quite a collection of personal property and effects. The question becomes: How to divide it all? The answer is not always easy because both spouses might have developed a sentimental attachment to certain items, which makes dividing them
Boston residents may have heard the report of a particular west coast couple whose tremendous wealth and assets was split in a rather pragmatic manner. A Seattle paper recently covered the story of a west-coast business mogul who, after 23 years, was divorcing his wife. Over that amount of time most couples probably pick up a knick-knack here or there
There may not be two more feared words in the English language than “taxes” and “divorce,” but if you are considering the latter, you really have to look at the implications of the former. People considering divorce in Massachusetts have to think about how their divorce settlement or order will affect their financial health, and managing the resulting tax consequences
Boston family law observers might be interested in a recent article discussing the state of the institution of marriage and the rate of divorce in the U.S. today. According to figures from the U.S. Census, men in 1960 divorced at a rate of 1.8 percent, while the figure for women was 2.8 percent. By 2011, that figure had climbed: Eleven
Boston residents likely remember Christy Mihos, who twice made unsuccessful attempts to become governor of Massachusetts in 2006 and 2010. Mihos and his wife are currently in the process of obtaining a divorce, which could be a highly-charged process given some details that have come out recently about the couple. First, Mrs. Mihos has claimed that her husband spent $25
Divorce proceedings between Tom Cruise and Katie Holmes have come to a speedy conclusion. Less than two weeks after Holmes filed for divorce, the couple reached a settlement that surprised many with its quickness. This shows that even in complicated, high-asset divorces, a settlement can be reached if the couple is willing to work together to resolve their issues. Boston
Not every marriage lasts, and as more and more same-sex couples tie the knot, we are beginning to see the emergence of a relatively new family law phenomenon: gay divorce. In states like Massachusetts, where gay marriage is recognized, divorcing same-sex couples will have to face the many issues that come with a legal separation. But because of the current
Massachusetts residents surely have seen the coverage of Robert F. Kennedy Jr.’s recent family struggles, which culminated in the tragic death of his estranged wife Mary Kennedy last month. Robert Kennedy had filed for divorce from Mary about two years ago, but the case had not concluded when she passed away. The couple had four children together in addition to Robert’s two
A recent court ruling from another state may be of interest to same-sex Massachusetts couples considering divorce. The ruling will allow for that state to recognize and perform same-sex divorces, even though the state will not allow same-sex marriages to take place there until January of next year. The ruling specified that state courts would only withhold recognition of a valid
At one time, the parties in a typical high-asset divorce in Massachusetts used to be a high-earning husband and his wife, who was often awarded alimony. Alimony provided needed support to the wife, who usually had little or no outside income. That situation may not be the norm much longer. According to the American Academy of Matrimonial Lawyers, 47 percent
Divorcing couples in Massachusetts may have spent years and decades of their lives together. Over that time, some people will have accumulated quite a collection of personal property and effects. The question becomes: How to divide it all? The answer is not always easy because both spouses might have developed a sentimental attachment to certain items, which makes dividing them
