As of March 1, 2012, people in Massachusetts paying alimony had a way out of those payments if any of the following applied:
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:
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.