Your financial well-being is important. When going through a divorce, you want to make certain to protect what you have earned. You want to make certain you have the money and assets necessary so that you are positioned for success in your post-divorce life.
At Watson & Watson, P.C., we do not want you to be left struggling financially after your divorce. For that reason, we take great care when handling the property division aspect of your case. Our lawyers are committed to protecting your assets and obtaining a fair division of marital property.
How Property Is Divided In Massachusetts
Generally, except in long-term marriages, only marital property is subject to division during divorce. This is property that was acquired or appreciated in value during the marriage Property you brought into the marriage or inherited during the marriage is usually considered nonmarital property. When we represent people in Topsfield, Newburyport and Essex County, one of the most critical steps we take is to properly characterize assets and protect all separate property, to the greatest extent possible under existing law.
In Massachusetts, the law calls for property to be divided equitably. Equitable division is not the same as equal division. Equitable division means fair division. In many cases, a 50-50 split of marital property is fair. However, certain factors may tip the balance, such as the amount of separate property and each spouse’s income level. Our attorneys will work hard to help you obtain a fair division of property.
Complex Property Division Issues
With 35 years of experience, we know that many people have property division issues much more complex than splitting up the family home and the bank accounts. You may have retirement accounts, investment accounts, rental property and more. You or your spouse may own a business. We work with appraisers and experts whenever necessary. Whatever the case may be, rest assured that we can help.
Free Initial Consultation About Property Division
Call 978-462-3177 or email to speak with us about equitable division of marital property.