Even though your divorce may feel like a private matter, it may not be treated like one – especially if you have a prominent position in your community. Whether you operate a business, are a professional who is distinguished in their field or simply enjoy an elevated...
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Divorce
How divorce can affect your tax filing and financial situation
Divorce is a significant life event that affects your financial situation and tax filing. Understanding these implications can help you make informed decisions during and after the divorce process. Filing status changes One of divorce's most immediate tax consequences...
What is a 1A divorce?
In 2019, U.S. News and World Report stated Massachusetts had one of the lowest divorce rates in the nation at 6.4%. Despite this, many couples within the state still see their marriages end. One of the options available for couples is the 1A divorce process. This...
Understanding a grey divorce and its causes
According to the American Bar Association, grey divorces make up 25% of all divorces. Given that grey divorces occur later in life, they often involve unique challenges and complexities. But why do grey divorces happen? What factors contribute to this phenomenon?...
Why bad marriages are not healthy for you or the kids
The debate about staying in an unhappy marriage for the sake of the children is an age-old one. Many parents worry about the impact of a divorce on their children and decide to stick it out, often with the belief that they are doing the best thing for their children....
Consider the advantages of a late-in-life divorce
People considering divorce after 50 often worry about the downsides: loneliness, upset adult children, the loss of companionship and established routines. But there also is the potential for a happier life after a divorce. The key to a beneficial divorce is to prepare...
Common financial issues you might face after a divorce
Finalizing your divorce can significantly change your lifestyle, especially if you are coming from a long-term marriage. The financial aspect of your current and future plans is something you will have to consider especially carefully. Without a solid roadmap planned...
How stay-at-home parents can claim retirement assets in a divorce
If you spent the majority of your marriage as a stay-at-home parent raising the kids, then it is likely that you contributed less income to a retirement plan compared to your spouse. In the face of an impending divorce, this might make you feel like you will have no...
Automatic restraining orders on assets in Massachusetts divorce
When you think of a "restraining order," you may imagine an order issued by a judge due to violence or something along those lines. However, in every divorce or support case, an automatic restraining order is issued in Massachusetts, and it has nothing to do with...
Why adult children often welcome their parents’ ‘gray divorce’
It's an old cliché, but a lot of unhappily married couples in Norfolk County stay together for the kids. They believe it is better for the children that their parents stay together, no matter how miserable the two of them are. This excuse is even used by people whose...