Ways to Discover Hidden Assets During a Divorce

Despite complications to the marriage, most people enter the divorce process believing their soon to be ex-spouse is an honest person. Unfortunately, this is not always the situation. The fact is, dishonesty is a common reason for seeking a divorce. Even if you have no reason to suspect your former partner is dishonest, there is still good cause to be curious and concerned about their finances heading into a divorce. Once a divorce begins, many people will do whatever it Continue Reading

Am I entitled to 50% of my wife’s inheritance?

Additional Info: I’ve supported my wife and family in Wellesley for 21 years. We are now going through a divorce and she just received an inheritance of over $500,000.  Am I entitled to 50%? Attorney Answer: A Court has a wide latitude of discretion and will consider several factors in determining what, if any, portion of an inheritance a divorcing spouse will receive.  An inheritance is a marital asset that is subject to equitable division, but it may not be Continue Reading

We’re getting divorced, how are assets divided?

Additional Information: When my husband and I were engaged, I finished business school and as a graduation present my parents gave me $50K to start my own company.  We got married, bought a home in Ashland, and started a family right away.  I never started my business and the money has been in a savings account.  Now we are getting divorced and he thinks he is entitled to half of this asset.  I have a card from my parents saying Continue Reading

What is the best way to handle the financial aspects of a divorce?

Additional Information: My husband moved out of our Southborough home almost 18 months ago.  We are on good terms with one another and have an agreed up on schedule for time with the kids. He currently pays for daycare for our youngest, but I think he should contribute more to kid-related expenses. ATTORNEY ANSWER: Your question is initially a very broad one.  However, you specifically mention that your husband moved out of your home about 1 ½ years ago and Continue Reading

Divorcing couples may have to share property they acquire after they split up

Most people assume that a divorcing couple’s assets will be divided according to what they own at the time they separate. But in some cases, things that happen after a couple split up can affect what they’re entitled to in a divorce. Only an attorney with expertise in divorce law can determine exactly what you might be entitled to…so it’s important to tell your divorce attorney about anything that could affect the prospects of both you and your spouse down Continue Reading

Social Security and Military Benefits can be divided at divorce

Federal government benefits – such as from Social Security or the military – have their own rules, and those rules usually trump state law. So sometimes it’s unclear whether a state divorce court can divide up a federal payment. However, in several recent cases, it was determined that federal payments could be split at divorce. A military retiree’s health insurance benefits can be split at divorce, the Alaska Supreme Court decided. That’s because of a federal law called the Uniformed Continue Reading