Knowledgeable Guidance For High-Asset Divorce
When a married couple shares a high-asset estate, things can become much more complicated throughout the entire divorce.
At Reade Law Firm, PC, our Massachusetts family law attorneys are dedicated to helping our clients pursue the best results possible. When you evaluate the division of your home, investments, retirement savings, business interests and other assets during the divorce process, we encourage you to meet with us at our office in Peabody to discuss how we can help you protect your property rights.
Protecting Your Assets During Property Division
Massachusetts is an equitable distribution state, meaning that the court will divide the assets and debts in a divorce equitably based upon several factors. While courts aim to divide things fairly, that does not mean the division will always be equal. All property that either spouse acquires during a marriage is an ‘asset’ that is subject to division. Yet, not all assets are treated the same, and how an asset or property interest is treated depends upon when and how the property was acquired. Inheritances, for example, take on special consideration as to how or whether they will be divided.
Our team can help you oversee the division of complex and high-value assets, including:
- Real estate
- Businesses either spouse may own
- Bank and investment accounts
- Collectibles, heirlooms and other valuables
- Boats, cars and other recreational vehicles
Part of what it takes to get a fair division is establishing an accurate valuation of the assets up for division. There are additional factors considered when a judge determines how to divide assets, especially the length of the marriage.
Because the judge’s decision is final, we will use our experience to gather the information necessary to evaluate and present your desired outcome to the judge for determination, or present to the other side during negotiations toward an agreement.
Begin Building Your Property Division Strategy
Having an experienced attorney by your side while you work through your divorce can simplify the process and give you a better chance at keeping the assets that are most important to you. Contact our Peabody office at 978-767-4667 or email us here to schedule your initial consultation and take the first step in preparing for your divorce needs.