Legal Blog

Monthly alimony might not suit every divorce

When it comes to post-divorce life, people more than anything want some stability. After such a tumultuous emotional time, dealing with financial struggles can be nearly overwhelming, which is why it is important to protect assets during the divorce settlement phase. Even during and after a high asset divorce, financial struggles can ensue.  In addition, because of new tax hikes on high-earning

Read More »

Italian Prime Minister ordered to pay astronomical alimony

Many people in Massachusetts may be familiar with former Italian Prime Minister, billionaire and icon of marital dysfunction, Silvio Berlusconi, who was known as much for his tabloid-inducing personal life as his political stature. Reports from Italy indicate that Berlusconi’s divorce has been finalized and that he will be required to pay a tremendous sum in alimony to his former

Read More »

Devito and Perlman separate after 30 years

Boston residents and TV watchers all over the world know her best as Carla Tortelli, the divorced mother of at least four kids on the hit sitcom Cheers, but actress Rhea Perlman is now having real-life marital issues with her husband of 30 years, the actor Danny DeVito. The two have allegedly separated, and, according to sources, a high asset divorce is

Read More »

Details of Cruise/Holmes divorce settlement revealed

Celebrity watchers in Boston have probably seen the coverage of Katie Holmes’ recent divorce from Tom Cruise, as she has been in the media spotlight with the couple’s daughter, Suri, ever since filing for divorce. The actual divorce settlement was reached very quickly, which is not always common in a high-asset divorce where there is more at stake financially and often greater

Read More »

Ex-couple’s art collection becomes focus of property split

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

Read More »

Holmes and Cruise reach settlement in high asset divorce

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

Read More »

Divorce can affect a large number of tax considerations

Massachusetts couples know that the Internal Revenue Code distinguishes between those who are married and those who are not. It should come as little surprise that a divorce can have significant tax implications. What can be surprising, however, is the extent of a divorce’s effect on one’s taxes. With the filing deadline approximately one month away, it is important to

Read More »

Monthly alimony might not suit every divorce

When it comes to post-divorce life, people more than anything want some stability. After such a tumultuous emotional time, dealing with financial struggles can be nearly overwhelming, which is why it is important to protect assets during the divorce settlement phase. Even during and after a high asset divorce, financial struggles can ensue.  In addition, because of new tax hikes on high-earning

Read More »

Italian Prime Minister ordered to pay astronomical alimony

Many people in Massachusetts may be familiar with former Italian Prime Minister, billionaire and icon of marital dysfunction, Silvio Berlusconi, who was known as much for his tabloid-inducing personal life as his political stature. Reports from Italy indicate that Berlusconi’s divorce has been finalized and that he will be required to pay a tremendous sum in alimony to his former

Read More »

Devito and Perlman separate after 30 years

Boston residents and TV watchers all over the world know her best as Carla Tortelli, the divorced mother of at least four kids on the hit sitcom Cheers, but actress Rhea Perlman is now having real-life marital issues with her husband of 30 years, the actor Danny DeVito. The two have allegedly separated, and, according to sources, a high asset divorce is

Read More »

Details of Cruise/Holmes divorce settlement revealed

Celebrity watchers in Boston have probably seen the coverage of Katie Holmes’ recent divorce from Tom Cruise, as she has been in the media spotlight with the couple’s daughter, Suri, ever since filing for divorce. The actual divorce settlement was reached very quickly, which is not always common in a high-asset divorce where there is more at stake financially and often greater

Read More »

Ex-couple’s art collection becomes focus of property split

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

Read More »

Holmes and Cruise reach settlement in high asset divorce

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

Read More »

Divorce can affect a large number of tax considerations

Massachusetts couples know that the Internal Revenue Code distinguishes between those who are married and those who are not. It should come as little surprise that a divorce can have significant tax implications. What can be surprising, however, is the extent of a divorce’s effect on one’s taxes. With the filing deadline approximately one month away, it is important to

Read More »

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