There are various aspects of divorce that will be more difficult for some couples to settle than for others. For numerous couples in Massachusetts, tackling the division of property may prove to be the hardest part of the divorce process. At the end of the day, splitting up assets can take a lot of negotiation. With the assistance of an experienced divorce attorney, one can accomplish this in a manner that allows both parties to walk away with the best settlement possible.
There are, of course, those couples who will be able to quickly and easily decide how assets are to be split or sold. There are also those who may spend months or even years fighting over who will get certain items or funds. Some cases will simply prove more difficult to resolve than others.
Couples who have quite a few assets and/or debts — all of varying values — will have to take time to properly evaluate how the division of property will affect them long-term. Massachusetts is considered an equitable distribution state, meaning that each party should be able to walk away with a fair share of property. This does not mean that everything will be equally divided in half, though. Every situation is different, and property can be divided in a way that leaves each party satisfied, all while meeting the state’s laws on equitable distribution.
It is true, conflicts over property division can take time to amicably settle. Sometimes this can be accomplished through out-of-court negotiations, and other times litigation proves necessary. However, with the help of legal counsel divorcing couples in Massachusetts can achieve terms that are fair and balanced.
Source: FindLaw, “Divorce Property Division FAQ“, Accessed on Sept. 7, 2016