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Assets are supposed to be divided equitably during a divorce. Unfortunately, your spouse may hide assets so they don’t have to share them with you. There may be obvious signs that your spouse is hiding assets, yet, more often than not, you’ll have to dig deeper to...
When couples are working out the property division agreement in their divorce, they often ask how they should go about dividing their child’s belongings. Is it based on who actually paid for something or who most often plays with it with their child? There’s really...
For many people thinking about divorce, their main focus will be the assets that they care about or perceive as being valuable. Businesses, retirement savings and real estate are often focal points of property division negotiations. People often overlook other...
Your spouse might hide assets during a divorce because they do not want them to be part of the property under division. Doing so may prevent you from getting your fair share of the marital property in consideration. Both parties must be forthcoming with their...
When assessing the pros and cons of divorce, you need to understand how it will affect your finances. While you might give anything to escape your marriage, leaving with nothing would be a mistake. Massachusetts divorce courts use the principle of equitable division...
When couples first wed, often they are too naïve and dewy-eyed to realize the potential strife and struggles that lie ahead in an average marriage. When these problems later arise, they can spell the end of the marriage. When a couple has a prenuptial agreement in...
Prenuptial agreements were once relatively rare, and the average person would likely feel highly offended if their fiancé suggested that they execute one before the wedding. You might feel reticent to even suggest a prenup because you worry about how your fiancé will...
A hobby you and your spouse used to enjoy together was playing chess. Even though you usually lost, you enjoyed the mental challenge as you both plotted your moves against one another. Now that your marriage is ending, you might be worried that your spouse will...
When going through the divorce process, you’re likely to spend a lot of time thinking about your assets. Who will get the family home? What will happen to your retirement accounts? Are you entitled to all of the money in your individual bank account? While your assets...
Many of the different types of assets that are subject to property division proceedings in Peabody have been referenced on this blog in the past. Yet one asset that both parties to a divorce case may not anticipate being included is a 401k account. The funds that go...
