When professionals have 401(k)s and similar tax-deferred accounts, they may need to take extra care during the property division process of a divorce. Tax-deferred retirement savings accounts exist to provide a nest egg for those without regular income. Dividing an...
Parents have to make decisions on their children’s behalf all the time. When parents are married and their child reaches the age where they’re supposed to enroll in kindergarten, the parents pick out the school. Married parents often have to cooperate and work...
Divorcing spouses are far more likely to both earn an income than they were 50 years ago when men were the primary “breadwinners” in the family. In many cases, women earn as much, if not more, than their husbands do. This means men are more frequently seeking and...
There can be value in creating a prenup, because it can help a divorce go smoothly. For instance, many couples get into disputes over how to divide marital assets. But a prenup can be used to do that in advance, while they’re still on relatively good terms. It can...
Sharing child custody is not easy. Parents have to deal with regular transitions, which can make their children emotional. They also have to plan their lives around when they have time with their children. As difficult as it can be to share custody, some parents find...
It’s often referred to as a gray divorce when someone is around 50 years old or older. For instance, divorce rates have been going up for those who are over 45, and they’ve tripled for those who are over 65. Many of these cases are called gray divorces—an important...
Divorce does not just end a relationship. For many, it brings a deep sense of loss—of routine, connection and sometimes, of self. When someone has been a partner for years, it is easy to forget who they were before the marriage. After a divorce, many people are left...
Co-parenting through the transition to college can be a rewarding yet complex experience. As children prepare to leave home and pursue higher education, co-parents must coordinate not only logistics but also financial and emotional support. A thoughtful, cooperative...
A prenuptial agreement, or prenup, is a legal document that couples sign before getting married. It outlines how assets, debts, and other financial matters will be handled if the marriage ends. In Massachusetts, prenups are valid as long as they are fair, signed...
Business owners often make years of personal sacrifices and significant investments in the organizations they operate. A business may be a source of personal pride and can provide a regular source of income. The company could be vulnerable if the owner decides to...
