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Divorce Archives

Millennials favor prenups in case of divorce

Student loan debt recently hit a national high, which probably comes as no surprise to millennials in Massachusetts. This generation has shouldered an enormous debt in order to obtain higher education and better jobs, and the effects of all that debt is showing up in an unusual place -- marriage. Millennials are changing the game when it comes to prenuptial agreements and helping erase some of the stigma surrounding these documents. Most frequently, they are using prenups to address property division in the event of a divorce. 

Tax benefits of spousal support disappearing in 2019

With changes to tax law set to take hold in 2019, Massachusetts couples who are dragging their feet through the divorce process might want to quicken their pace. Spousal support and property division in particular will no longer be quite as financially beneficial as they were in the past. However, couples who finalize their divorce before the end of the year will not have to worry about the upcoming changes. 

Do men always pay spousal support? Experts say not anymore

The idea of a family in which a father works and a mother stays home to raise children seems to be quickly becoming a thing of the past. Many Massachusetts households have two primary earners, with women's earnings sometimes outpacing their husbands. In these situations, the traditional idea of spousal support is often reversed.

Social media may play a role in your divorce, are you prepared?

Prenuptial agreements are nothing new, but ever-evolving technology seems to be changing how Massachusetts couples use these important documents. This may be especially true for younger couples who are more adept at engaging in online activities, particularly social media. Most people can minimize any potential distress caused by social media during a divorce by addressing its usage prior to saying "I do."

Making the difficult decision to file for divorce

For many couples in Massachusetts, the decision to end the marriage can be torturous. It may be difficult to discern if the troubles they are going through are simply a rough patch or signals that the marriage has run its course. They may spend months or years in an unhappy marriage because they are afraid that filing for divorce would be a mistake. While there is no magic formula to help someone decide to stay put or move on to a new life, there are some factors to consider that may tip the scale one way or another.

Steps to take in a military divorce

There can be many misconceptions about the process of divorce. Just as when a couple gets married, family members and friends offer free advice and counsel when a couple wants to end their marriage. However, not all of the words of wisdom are true. As in a military divorce, many Massachusetts couples are under the impression that there are different laws and procedures compared to a civilian divorce.  On the contrary, there is little difference between the two.

Tax change will affect spousal support

Divorce can be messy for any Massachusetts couple.  The splitting of property, child custody, spousal support, deciding who gets the dog, etc., are all areas that must be addressed during a divorce. Throw in a tax change after decades with the same tax law, and another wrench is thrown into the whole process. Under the new tax laws, alimony agreements may become tougher for couples seeking to divorce.

Tax issues post-divorce include assets, spousal support and more

As many Massachusetts residents discover, the process of ending a marriage may be temporary, but taxes are forever. Divorce brings with it many financial adjustments, and tax changes are not the least of these, with implications lasting long after a divorce is finalized. There are four main areas that divorcing or recently divorced individuals will want to consider, including filing status, dependent deductions, asset transfers and spousal support.

Avoid common divorce mistakes with savvy legal guidance

The end of a marriage is not something that most -- if any -- Massachusetts couples take lightly. Divorce, no matter how necessary and beneficial in the long run, inevitably brings stress and upsetting emotions. However, as many are aware, a divorce is often best for all parties involved, and with sound support and guidance, there are ways to avoid common mistakes and minimize the stress.

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