Roncone Law Offices, P.C.
Call Our Attorneys:
978-401-0825 | 877-261-4389
Menu Contact

Financial, property division benefits of divorcing early in year

In the legal world, January and February are sometimes informally referred to as the "divorce months." The beginning of the year has statistically proven to be the most popular time for people to seek legal advice about divorce. While the commonly held beliefs are that many couples wait until after the holidays or want to start the new year fresh, there may be other financially sensible reasons behind the increase in divorce filings -- from property division to considering a move out of Massachusetts to a new state.

Waiting to divorce until after the end-of-the-year may make sense for more reasons than just emotional ones. For example, if a spouse receives a large holiday or year-end work bonus, waiting to file until after the end of the year can help establish this income as shared marital property. This means that the divorcing spouse is still entitled to a portion of that income during property division.

Real estate also plays into the situation. Often, the parties end up selling the family home as part of the separation process, and spring is frequently one of the best times of year to market a house. In addition, many people find it easier to move during the warmer summer months, and since figuring out relocation – particularly if there are child custody issues involved – can take several months, it may be beneficial to begin the process as early in the year as possible.

Whatever the reason, though -- property division, wanting to start the year with a fresh slate or any combination of other personal motives – now is the time that many Massachusetts couples choose to take this first step toward a new future. While the thought of the divorce process may seem stressful, a family law attorney can help. A lawyer with experience in divorce cases that range from simple to complex can offer counsel and insight to help the proceedings go as smoothly as possible.

Source: nj1015.com, "Why the new year starts with a flurry of divorces", Joe Cutter, Jan. 17, 2017

No Comments

Leave a comment
Comment Information

What Clients and Peers Are Saying ...

"Please take my word for it, this is the attorney that you want on your side and certainly not the one that you want against you.”

Email Us For A Response

Contact Us For A Free Initial Phone Consultation

Tell us about the type of case you are faced with. We'll tell you how we can help. Call us at 877-261-4389 or send us an e-mail to speak with a Leominster and Worcester area personal injury attorney, family law, or criminal defense lawyer today.

Bold labels are required.

Contact Information
disclaimer.

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

close

Privacy Policy

Roncone Law Offices, P.C.

142 Main Street
Leominster, MA 01453

Toll Free: 877-261-4389
Phone: 978-401-0825
Fax: 978-840-6000
Map & Directions