Massachusetts Attorneys for Division of Debts and Division of Assets
Whether they own real estate, cars, household items or bank accounts, most couples have acquired some joint property during their marriage. The process of dividing assets and debts can be difficult and time consuming, but an experienced and knowledgeable lawyer can help make the division of assets and debts easier while ensuring that financial interests are protected.
The property division attorneys at The Massachusetts Family Law Group help clients of all ages and backgrounds by aggressively seeking a fair division of assets. We have represented men and women of all ages and backgrounds, from the very young to the elderly, from middle class to wealthy and from salaried employees to business owners. All rely on us to provide the best legal representation possible.
Assistance With Division of All Marital Property
When a couple has little or no marital property, no children and no disagreement over alimony, their divorce usually goes very quickly. Most couples, however, have numerous issues to work out during the divorce process, including the division of:
- Personal property
- Real estate, including real property in other states
- Family business
- Large or concealed debts
- Investments and pensions
- Joint and separate accounts
- Trusts
- Insurance
- Other assets
Massachusetts law governs how assets are to be divided, but you are able to create any settlement you jointly agree upon as long as the judge agrees that it is fair. You may also have joint debts or debts that you feel jointly responsible for even though they may be in one person's name.
Finding Hidden Assets
In any divorce, especially one involving complex property matters, an experienced family law attorney can offer valuable guidance and advocacy. We can help ensure that all property and assets are disclosed, so that a proposed property division settlement accurately reflects the assets of both parties.
We are alert to signs that the other spouse is hiding assets. If a bank account is smaller than you thought it was, or if a business appears to suddenly be doing badly, it's important to have a skilled attorney on your side to protect your interests.
Assistance With Valuations and Other Issues With Complex Assets
In addition to ensuring that all assets and debts are disclosed, our lawyers have the legal and financial resources to ensure that assets are properly categorized and that the division is handled fairly. We can assist you with complex property division issues such as:
Our lawyers are adept at determining whether assets are marital property that is subject to division because it was acquired during marriage. We use statewide investigators and forensic accountants to assist us with this determination. We are equally thorough with the valuation of the property, consulting with real estate appraisers and business valuators to arrive at a fair valuation. We are well versed in asset valuation issues involving health and life insurance policies, business interests and retirement accounts.
For additional information about dividing property and debt in Boston and throughout Massachusetts, call (800) 763-1030 or send an e-mail to schedule a free initial consultation.
