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November 2019 Archives

Financial tips for people remarrying after divorce

Many Massachusetts residents who have legally ended their marriage decide at some point to begin a union with a new partner. People who remarry following a divorce may encounter challenges around finances that are specific to a second marriage, particularly for older individuals who have accumulated some wealth. Although details may differ, newly married couples in this type of situation should take note of the following tips.

Good Samaritan stops to help and suffers fatal personal injury

Most Massachusetts drivers, at one point or another, have passed the site of a car crash or a vehicle on the roadside accompanied by people in distress. Most people when passing this type of scene will empathize with those involved, but for any number of reasons, many individuals will still continue on their way. Others, however, will feel compelled to pull over and lend a hand in such situations. This seems to have been the case recently when a man pulled over to assist a family on an interstate highway in Raynham and suffered fatal personal injury.

How to manage investments during divorce

Massachusetts residents who have experienced a marital split know that for most couples, one of the most significant consequences for one or both spouses is the financial fallout, which sometimes can be devastating. Several factors can contribute: division of assets, child and/or spousal support obligations, reduction of household income and the cost of the divorce itself. To minimize the damage regarding investments, individuals who are going through a divorce or about to begin the process can arm themselves with financial knowledge.

Later in life divorce may necessitate change to retirement plans

With more older couples than ever before deciding to part ways, many Massachusetts residents may find themselves facing their golden years with less money than they expected. Typically, couples who divorce earlier in life split any retirement funds they've accrued while married, but at least they have many more years of earning potential ahead. Couples who divorce mid to late career, on the other hand, may have to make some adjustments to their plans.

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Roncone Law Offices, P.C.

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