People ending their marriages in Massachusetts have many financial matters to consider before reaching a final agreement. For parents, their divorce settlements should address college expenses for the children. Even if children are young and college is years away, a divorce agreement that addresses the topic could create an obligation to assist with expenses. This provides greater security than broaching the subject of paying for college with an ex-spouse years later.
Asset division challenges for older couples
Older couples in Massachusetts face unique challenges when they go through the divorce process. These so-called "gray divorces," which involve spouses over the age of 50, are more likely to involve issues with asset division and retirement savings plans.
