MASSACHUSETTS DIVISION OF ASSETS LAW FIRM
Expert Understanding of the Complexities of the Law & Asset Division
It is a common misconception that assets are split 50/50 during a divorce, so it is essential to have an experienced litigator who understands the complexities of asset division in the Commonwealth of Massachusetts.
Complex legislation in the Commonwealth of Massachusetts can affect asset division during divorce proceedings. While many firms have experience in asset division, members of DiPiano Family Law Group P.C. have literally written the book on the complexities surrounding this topic are known as experts among their peers.
Massachusetts follows equitable distribution rules, not community property rules. In Massachusetts, a judge will divide marital property equitably (fairly), but not necessarily equally.
Here are some of the most common marital assets that are usually considered during a divorce:
All income and assets acquired by either spouse during the marriage including, but not limited to: Real Estate, Pension Plans; 401Ks, IRAs and other Retirement Plans; Deferred Compensation; Stock Options; Restricted Stocks and other equity; Bonuses; Commissions; Country Club memberships; Annuities; Life Insurance (especially those with cash values); Brokerage accounts—mutual funds, stocks, bonds, etc; Bank Accounts—checking, savings, Christmas Club, CDs, etc; Closely-held businesses; Professional Practices and licenses; Limited Partnerships; cars, boats, art, antiques; and, tax refunds.
DIVISION OF ASSETS
In determining division of assets there are other factors to be considered:
COMPASSIONATE AS YOUR COUNSELOR. TENACIOUS AS YOUR ADVOCATE.
DiPiano Family Law Group P.C. is experienced in these areas of asset division:
FAMILY LAW IN MASSACHUSETTS
Division of assets means who gets what. If the division of assets cannot be resolved, a judge will divide marital property equitably (fairly), but not necessarily equally.
Factors such as length of the marriage, age and health, amount and source of income are considered.
At DiPiano Family Law Group P.C., we work with clients in Greater Boston, the North Shore and throughout Massachusetts to ensure assets are divided fairly in instances of divorce. If you want the quality counsel, advocacy and representation commonly associated with Boston-based legal practices without the excessive cost and commute—we are the ideal firm. Our Salem office is just a short drive from Beverly, Marblehead, Swampscott, Danvers, Lynnfield, Peabody, and other neighboring towns. The efficiency and value of our legal services has positioned us as the go-to firm for asset division with residents of more distant Essex County communities like Ipswich, Andover, and North Andover, as well.