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August 2015 Archives

Divorce considerations for business owners and their spouses

All but a handful of states divide marital property at divorce based on the principle of equitable distribution. Note: you don't have to ask a court to intervene, but if you and your spouse are unable to agree on property division in Massachusetts, then the court will endeavor to equitably divide marital assets and debts. Keep in mind, though, that "equitable" is not necessarily the same thing as "equal."

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