Mediation is the process of resolving your divorce on your own terms. A mediator works with both parties to help them achieve resolution of their disputes. Mediation, particularly in the age of the COVID-19, provides several benefits which include: Less expensive than litigation. You avoid the backlog in the Courts providing a more expedient resolution.
A majority of married couples file their tax returns jointly, but what are your options when you are divorced or in the midst of getting divorced? If your divorce is final by the last day of the calendar year you can no longer file jointly. In that case, you must file either “single” or “head
In all divorce cases it is required that the parties each complete a Financial Statement. The Financial Statements are exchanged between the parties and filed with the Court. Financial Statements are signed under the pains and penalties of perjury, therefore itis imperative that the information contained on your financial statement be accurate and contain all
Under the terms of the Alimony Reform Act (“Act”), which took effect on March 1, 2012, general term alimony shall terminate when the payor spouse reaches full retirement age. Retirement age is defined as the age at which the payor is eligible to receive full retirement benefits under the U.S. Old Age, Survivors, and Disability
Did you know that stock options, whether vested or unvested, may count as “income” for purposes of calculating child support even if they are not vested? If the option doesn’t vest until after the termination of the marriage, the Court may apportion the options between marital and non-marital property. Unvested options may be considered as
The purpose of a Pre-Marital Agreement (also known as a Prenuptial Agreement) is to govern the respective rights of two people contemplating marriage in the event of termination of the marriage by death or divorce. Typically a Pre-Marital Agreement is used where there is a significant disparity in the income and/or assets between the parties,
As of January 1, 2009 the calculation of child support payments in Massachusetts has been changed. The new worksheet has been designed so that the income and certain of expenses of both the payor and the recipient are taken into consideration when calculating the final support order. The Child Support Guidelines apply to cases involving