Alimony can be one of the most contentious issues of a divorce, particularly in situations in which one or both spouses have a high net worth. In Massachusetts, there are four types of alimony. When the court makes a decision, it takes into account a number of different factors, including:
The State of Massachusetts has a specific set of terms that describes what a divorce is and is not. Overall, a divorce is actually a process for legally ending a marriage. Unlike some states, Massachusetts-based divorces can be cited as "fault" or "no-fault." There are a few key differences that you need to understand.
If you're a fan of rock, then you may have heard the news that rocker Slash has decided to separate and divorce from his wife of 13 years. He filed the paperwork in Los Angeles, according to the report from December 30, citing irreconcilable differences with his wife.
Divorces are difficult for families, and they can have several elements involved that make them drag on for a significant amount of time. This is particularly true if you're faced with a high-asset divorce. Marriages with many assets must break these down and split them in many cases, and that can take much time and deliberation. Because of the potential for mistakes and wanting to be sure that you're getting your fair share, it's important to discuss your high-asset divorce with someone who can make sure your assets are being split fairly.
What is spousal support like in Massachusetts? Massachusetts has alimony, which is simply the money one spouse pays to the other to help support them after a divorce. The amount of money can be decided by the couple or by the court, depending on the situation.
In Boston, divorce for any kind of married couple has been normal for the last few years. In other states, that hasn't been the case, which is why if you were married in Massachusetts and are struggling with divorce outside the state, you may have to return to get one. That may be changing though. Some people have been excited over recent news that even more states are recognizing homosexual marriages, and this May 22 report discusses the importance of that recognition when it comes to divorce.
Although in the throes of a divorce, some couples end up carrying on a physical relationship despite the impending divorce and end of a marriage. Those types of relationships may no longer be an option, at least legally, if a Massachusetts lawmaker has anything to do with it.
When going through a divorce, there are many things that must be agreed upon. Where children will live and how they will be supported as well as how marital assets will be distributed are just a few of the things that must be decided. Through all these important decisions, couples going through a divorce sometimes overlook deciding how stock options will be treated. Two different cases in Massachusetts address how stock options will be shared.
In recent months, the media has been filled with stories demonstrating the need for family law reform, specifically dealing with alimony. Many states looking to reform current laws look at the changes that took place recently in Massachusetts. While some argue that the recent changes are improvements over the old policies regarding divorce, specifically alimony, there are still areas needing clarification.
Divorces are often portrayed as contentious, ongoing and bitter. In many cases, this is an accurate portrayal. However, they don't necessarily have to be this way. For example, Massachusetts couples who opt to go through a collaborative divorce process find the issues are settled much more easily and quickly. This option has become increasingly popular and utilized over the last few years.