Family Law and Divorce Blog | Porcello Law Offices in Salem, Massachusetts

Don’t Be Blindsided By The Division of Marital Property in Your Divorce

Many people fail to realize divorce requires more than simply signing a few documents. If you’re divorcing in Massachusetts, don’t be blindsided by the many decisions you’re about to face regarding the division of your marital property. Not all property is valued or taxed in the same way; therefore, the process can be long and

Can you divide retirement accounts in divorce without tax penalties?

There is a common perception that divorcing spouses must liquidate retirement accounts for the purpose of splitting up property, and consequently accept the tax consequences for early withdrawal, which robs account owners of the tax advantages that make things like individual retirement account (IRAs), 401(k)s and other accounts popular vehicles for retirement savings in the

Protecting Assets in a Divorce

Divorce is as much a financial blow as it is an emotional one. Alimony and child support may take a large, even unreasonable amount out of your monthly paycheck. Conversely, if your income is much smaller than your soon-to-be-ex-spouse’s, or if you stayed at home to look after the family, you might find yourself in

My spouse and I have just moved to Massachusetts from another state. Do we need to get our marriage license transferred to Massachusetts?

Moving to another state can be a legally frustrating process. Aside from the logistics and expense of moving your possessions across state lines, you will likely find yourself waiting in line or on the phone with government offices as you transfer the legal documents that make up your life. Vehicle registration and title, voter registration,

Case shows ‘do-it-yourself’ prenups are dangerous option

A lot of us like to save money, and a good way to do that is by learning how to do something yourself instead of paying a professional a premium. That’s why you might go on YouTube to find a good how-to video for changing out a light switch, replacing your brake pads and rotors,

Pre-marriage business becomes marital property

Generally, marital property is property acquired by either spouse during the marriage. On the other hand, premarital property, owned by a spouse before the marriage, is considered separate property and isn’t split up during a divorce. Sometimes the lines get blurred, especially if you don’t keep your separate property truly separate, as a South Carolina

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Legal Articles

Don’t Be Blindsided By The Division of Marital Property in Your Divorce

Can you divide retirement accounts in divorce without tax penalties?

Protecting Assets in a Divorce

My spouse and I have just moved to Massachusetts from another state. Do we need to get our marriage license transferred to Massachusetts?

Case shows ‘do-it-yourself’ prenups are dangerous option

Pre-marriage business becomes marital property

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