Is a house purchased by one spouse prior to the marriage a marital asset for divorce purposes?

The determination of which assets are part of the marital estate for division of asset purposes during the divorce is not always a simple cut and dried answer. There are many factors that the Court takes into consideration when deciding if a specific property is part of the marital estate and, if so, how it gets divides during the divorce. The short and simple answer is that the marital home can be included as part of your divorce settlement even if it was purchased prior to the marriage or relationship by one spouse. There are a wide range of factors
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Don’t Be Blindsided By The Division of Marital Property in Your Divorce

Many people fail to realize divorce requires more than simply signing a few documents. If you’re divorcing in Massachusetts, don’t be blindsided by the many decisions you’re about to face regarding the division of your marital property. Not all property is valued or taxed in the same way; therefore, the process can be long and confusing without the help of a knowledgeable attorney at your side. It’s important to consider that even though different financial accounts are valued at the same amount, the account owner may receive different withdraw amounts. This is because withdrawals will not be taxed in the
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Asset Division in a Divorce

Divorce is as much a financial shock as it is an emotional one. Alimony and child support may take a substantial out of your monthly paycheck. The paying spouse may think that the amount they are paying seems unfair or extremely high while the receiving spouse feels it is not fair or extremely insufficient. The reality is that there is never as much money after a divorce because it is the same gross income of the parties to support two households instead of one. Whether you were the primary wage earner or if your income is much smaller than your
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Pets and Divorce: Custody or Property?

Do you think worrying about what happens to a dog or cat, when there is a divorce, is silly? Probably not if you are a pet lover. When a couple decides to divorce, the question of who gets the pets is very common. Pet lovers do not buy an animal, they adopt a family member. However, while the law focuses on the best interests of human children, pets are legally defined as personal property. Therefore, Courts tend to work under this strict interpretation. Under the law, asking for custody or visitation rights for pets is along the lines of asking for those rights
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