Working Toward an Equitable Division of Assets
After issues involving children, the division of assets and debts is often the most important issue for a divorcing couple. The property division process is critical because a party's post-divorce quality of life is at stake. With the help of an experienced attorney, you can protect your rights to marital and non-marital property to ensure that you and your children have a secure future.
At The Law Offices of Judith A. Wayne & Associates, we provide comprehensive divorce representation to Massachusetts couples, including same sex couples. Led by attorney Judith Wayne, we have nearly 35 years of experience helping Massachusetts families through difficult times, and doing so as efficiently and positively as possible. We are deeply familiar with Massachusetts property division laws and will work with those laws to achieve a fair outcome for you.
To arrange an initial consultation with a skilled Essex County property division attorney, please call 781-599-1144 or toll free 800-879-5503. You can also contact our law firm online. We have offices in Lynn, Salem, Malden and Newburyport.
Understanding Massachusetts Property Division
Our state uses a system known as "equitable distribution" to divide marital property. Essentially, all marital assets, no matter which party's name is on the title, are gathered and divided by the court. It is important to remember that "equitable" may not mean 50/50. For example, if one spouse has substantially more earning power than the other, the less-well-off spouse may get more property in the divorce.
Assets you owned before getting married and gifts or inheritance you received during marriage are likely to remain your own after divorce, but they may actually become part of the marital estate. This is a complex legal phenomenon that requires close analysis of your family's finances. You can rely on us to give you a thorough, reasoned opinion about what property is subject to division and what is not.
Representation Tailored to You
We understand that every client and his or her situation is unique, so we take the time to sit down with every client to understand what is important to him or her. By developing a relationship with each client, we are better able to negotiate or litigate to achieve specific goals.
The list of items subject to division includes things like:
- Real estate, including primary residence, second homes and cabins
- Retirement plans (401(k), IRA)
- Stocks and bank accounts
- Family businesses
- Marital debts
Contact a Salem Business Valuation Attorney
To discuss your marital property division with an experienced divorce lawyer, contact our law firm online or call 781-599-1144 or toll free at 800-879-5503. Nous parlons Francais.
