|
Massachusetts Info
Massachusetts Divorce
Start Your Divorce
Find Professionals
Massachusetts Articles
Divorce Facts
Divorce Grounds
Residency
Divorce Laws
Mediation/Counseling
Divorce Process
Legal Separation
Annulments
Property Division
Alimony
Child Custody
Child Support
Divorce Forms
Process Service
Grandparent Rights
Massachusetts Articles
Agreements
Attorney Relationship
Custody & Visitation
Child Support
Collaborative Law
Counseling
Divorce Arbitration
Divorce/General
Financial Planning
Mediation
Parenting
Spousal Support
Info Categories
Contemplating Divorce
Children & Divorce
Divorce, Dollars & Debt
Divorce Laws
Divorce Process
Divorce Negotiation
More Information
Articles Checklists Research Center Cases of Interest Dictionary Encyclopedia Encyclopedia (pop-up) Blogs
For Professionals
Advertise With Us Free Network Page Join Our Network Submit Articles Sign In Network Sites
|
Financial Planning
Recent Article List
Divorce can have a profound impact on your future retirement income and benefits. If you are divorced or thinking about it, you should know how divorce will impact your eligibility for Social Security benefits.
Long after the wedding bells have faded, you may know someone who has come to a fork in the road and has decided to go in a different direction than his or her partner.
The courts have a philosophy of open book discovery, which in short means that you need to fully disclose all of your finances and assets to the other side and to the court. It is interesting that during the courtship phase of marriage, in a traditional relationship, the he often picks up the tab while the "she" often graciously accepts.
The marriages of people who marry for a second time experience stresses, particularly when there are children from a previous marriage. Most of these problems are predictable. They are generally solvable with patience, good will, and persistence.
Assume you have a friend going through a divorce in Massachusetts after being married for twenty years. Your friend has stock options accumulated during the last ten years of his marriage, and he tells you he is hoping to keep them out of the property division. For one thing, his stock option plan indicates that the options are non-transferable.
It is standard practice for most divorce practitioners to notify their clients to update their estate plans and change the beneficiaries of life insurance policies and retirement accounts following a divorce - and for good reason.
For most people, a divorce is the largest financial transaction of their lives. Probably the most important part of the divorce process is providing a financial disclosure to your spouse and making sure you are getting full and complete financial disclosure in return
Couples in the midst of divorce, and afterward should not lose sight of the need for estate planning during the process. One more thing to worry about….and one more thing to see a lawyer about.
Divorce is an emotional rollercoaster. From early talks of separating to final discussions on settlement, individuals must deal with feelings of loss, anger, and fear.
Navigate:
Home
States
Massachusetts Divorce Source
Massachusetts Divorce Articles, News and Resources
Financial Planning
Massachusetts permits several grounds for divorce, including the traditional fault grounds (such as adultery or incarceration) as well as no-fault grounds, which means a faultless but irretrievable breakdown of the marriage has occurred.
|
Established in 1996
© 1996 - 2021 MH Sub I, LLC dba Divorce Source. All Rights Reserved.