As an entrepreneur in Massachusetts, protecting your business against all risks is crucial. However, many business owners neglect to safeguard their business against divorce, which can result in lost assets and ownership. Accordingly, Inc. recommends the following steps to ensure your enterprise remains protected even at the end of your marriage. Create a prenuptial agreement Before getting married, make sure you have
There are many issues to negotiate during a divorce. One of the most problematic may be that of property division. Massachusetts is an equitable distribution of property state, meaning all marital property is divided between spouses according to what the judge presiding over the case deems fair. While you may consider the family home, vehicles, furniture and savings account balance
Residents in Massachusetts who have a high net worth are also going to run into unique hurdles during your divorce. Kajko, Weisman & Colasanti, LLP, are here to explain what sort of troubles you may be facing due to your assets. As you know, when you get a divorce, your assets will be divided between you and your spouse. This can
Wealth has little effect on the harmony between people in a marriage, after a certain amount. In fact, there is evidence that certain levels of wealth are more conducive to combative divorces. Understanding the pressures involved could help people avoid this type of trouble in their own divorces here in Massachusetts and New Hampshire. An amicable divorce is generally preferable
If you and your spouse are currently heading toward a Massachusetts divorce, chances are, the two of you experienced a breakdown of trust in your partnership somewhere along the way. Maybe you have suspicions about infidelity, or maybe you believe your spouse was being less than upfront with you when it comes to finances. Unfortunately, many divorcing spouses start to
Do you fear that a divorce may end up taking away a piece of land or a vehicle you love and cherish, or deplete you of much of your financial capital? While some couples may have this concern, even Massachusetts couples who do not even think divorce is a remote possibility have avenues available to protect their assets before a
If you are divorcing in Massachusetts, one thing you may need to think about is alimony. There are several different kinds of alimony and different reasons it is ordered. Understanding all these details can better enable you to strike the right alimony deal during your divorce negotiations. Mass.gov states that alimony can be awarded to a husband or wife and may be modified even
When Massachusetts couples go into business together, sometimes if that marital relationship ends, it can have ramifications for the business the two jointly own. In a divorce litigation, a company owned by a divorcing couple could end up dissolved or sold off if the spouses contest ownership of the business or its assets. However, high asset divorce does not have
Sometimes you get lucky and your Massachusetts divorce goes smoothly and quickly. You and your spouse agree easily and there is no fighting. However, that is not always the norm. Often, you will end up dealing with a spouse who is difficult. He or she may not agree to anything you want or may seem to fight you at every
After a divorce in Massachusetts, you may feel like everything is done and finished, but there are loose ends to tie up. One thing you may need to deal with are mementos from your wedding. In a high asset divorce situation, you may have handled some of the more expensive items, such as the rings and major wedding gifts, but
As an entrepreneur in Massachusetts, protecting your business against all risks is crucial. However, many business owners neglect to safeguard their business against divorce, which can result in lost assets and ownership. Accordingly, Inc. recommends the following steps to ensure your enterprise remains protected even at the end of your marriage. Create a prenuptial agreement Before getting married, make sure you have
There are many issues to negotiate during a divorce. One of the most problematic may be that of property division. Massachusetts is an equitable distribution of property state, meaning all marital property is divided between spouses according to what the judge presiding over the case deems fair. While you may consider the family home, vehicles, furniture and savings account balance
Residents in Massachusetts who have a high net worth are also going to run into unique hurdles during your divorce. Kajko, Weisman & Colasanti, LLP, are here to explain what sort of troubles you may be facing due to your assets. As you know, when you get a divorce, your assets will be divided between you and your spouse. This can
Wealth has little effect on the harmony between people in a marriage, after a certain amount. In fact, there is evidence that certain levels of wealth are more conducive to combative divorces. Understanding the pressures involved could help people avoid this type of trouble in their own divorces here in Massachusetts and New Hampshire. An amicable divorce is generally preferable
If you and your spouse are currently heading toward a Massachusetts divorce, chances are, the two of you experienced a breakdown of trust in your partnership somewhere along the way. Maybe you have suspicions about infidelity, or maybe you believe your spouse was being less than upfront with you when it comes to finances. Unfortunately, many divorcing spouses start to
Do you fear that a divorce may end up taking away a piece of land or a vehicle you love and cherish, or deplete you of much of your financial capital? While some couples may have this concern, even Massachusetts couples who do not even think divorce is a remote possibility have avenues available to protect their assets before a
If you are divorcing in Massachusetts, one thing you may need to think about is alimony. There are several different kinds of alimony and different reasons it is ordered. Understanding all these details can better enable you to strike the right alimony deal during your divorce negotiations. Mass.gov states that alimony can be awarded to a husband or wife and may be modified even
When Massachusetts couples go into business together, sometimes if that marital relationship ends, it can have ramifications for the business the two jointly own. In a divorce litigation, a company owned by a divorcing couple could end up dissolved or sold off if the spouses contest ownership of the business or its assets. However, high asset divorce does not have
Sometimes you get lucky and your Massachusetts divorce goes smoothly and quickly. You and your spouse agree easily and there is no fighting. However, that is not always the norm. Often, you will end up dealing with a spouse who is difficult. He or she may not agree to anything you want or may seem to fight you at every
After a divorce in Massachusetts, you may feel like everything is done and finished, but there are loose ends to tie up. One thing you may need to deal with are mementos from your wedding. In a high asset divorce situation, you may have handled some of the more expensive items, such as the rings and major wedding gifts, but
