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Massachusetts divorce laws state that the court, when dividing property, “shall consider” 15 factors, including the length of the marriage, the age and health of the spouses, and past, current, and future income earning potential of each spouse.
Massachusetts Divorce: Dividing Property. Learn which property gets divided in a Massachusetts divorce and how judges decide on a fair distribution of a couple's assets and debts. By Joseph Pandolfi, Retired Judge. When we think of hot-button issues in a divorce, the usual suspects are alimony or child custody.
A home purchased during a marriage, no matter whose name is on the deed, is considered marital property and is subject to equitable division under Massachusetts law.
As soon as you file for divorce in Massachusetts, you and your soon-to-be spouse must legally exchange information concerning your respective personal, economic and financial situations. This includes information on your income, debt and property ownership.
24 kwi 2017 · If real estate owned by the parties during the marriage is assigned to one of the spouses as part of a divorce settlement or decree, a quitclaim deed typically is the instrument used to transfer that property interest.
19 sty 2022 · Marital property, also known as marital assets, spousal assets or community property, matters when it comes to taxes , estate law and divorce. In most cases, separate property applies to the assets you owned going into a Massachusetts marriage; marital property, on the other hand, applies to the assets you acquired during the marriage.
2 mar 2022 · Attorney Carmela M. Miraglia explores a rare Appeals Court decision that reversed a Probate Court ruling on the division of the marital home in a divorce. Massachusetts law requires the division of assets in a divorce to be equitable, meaning fair, though not necessarily equal.
