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

May 2017 Archives

Massachusetts divorces: How property division affects retirement

Many older adults have spent their lives working and saving toward retirement, looking forward to the day they can quit their jobs and relax. Then, sometimes out of nowhere, they are blinded by a request from their spouse for a divorce, and all those retirement plans feel like they're about to fly out the window. Suddenly, individuals may find themselves wondering how asset and property division will affect their retirement.

Could short sale create a property division issue post-divorce?

For most Massachusetts couples who do not share children, the end of their marriage marks the end of the need to maintain ongoing communications. In some cases, however, there are property division  issues that arise long after an agreement has been reached and signed off on. An example is found in a couple who were unable to agree on how to handle an incentive payment brought about by the short sale of their family home.

Property division and divorce: Marital vs. non-marital assets

Massachusetts, a no-fault divorce state, is also an equitable distribution state. This means that, barring a prenup, property division during divorce is determined by a judge, who attempts to decide on a fair division of assets. Generally, this means a 50/50 split of both debt and marital assets, but each case is taken on an individual basis, and few situations are without exceptions.

No such thing as too much information in a Massachusetts divorce

There is never such a thing as having too much information. From choices as small as which product to purchase to those as large as ending a marriage, the more Massachusetts individuals educate themselves, the more prepared they will be to make informed and rational decisions. When it comes to such complex issues as divorce, the more facts someone has, the better.

Massachusetts couples may want to consider collaborative divorce

For Massachusetts individuals considering ending their marriages, there are about as many different approaches as there are couples. Just like every marriage is different, so is every divorce. Many families, though, are choosing to explore a newer option known as collaborate divorce.

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