Attaining Equitable Property Division
Striving To Help You Maintain A Strong Financial Future After Divorce
The assets and property accumulated during a marriage is subject to fair and reasonable division upon divorce of the spouses. Our attorneys have the knowledge, ability and resources necessary to handle even the most complicated property division cases.
With more than 50 years of combined legal experience, the attorneys at Porcello Law Offices are devoted to providing practical solutions to these matters. Contact our Salem, Massachusetts, property division lawyers to arrange a initial consultation.
Filing for Divorce and Division of Property
Massachusetts is an equitable distribution state, but that does not necessarily mean marital assets and debts will be divided down the middle. Judges have broad discretion in determining what is fair and reasonable – they will divide assets, property and debts based on several factors, including, but not limited to:
- Length of the marriage
- Contribution of each spouse to the marriage
- Conduct of the spouses during the marriage
- Age and health of each spouse
- Occupation, sources of income, skills and employability of each spouse
- Future opportunities of each spouse
- Present and future needs of dependent children
Generally speaking, any assets and debts acquired over the course of the marriage are subject to division in divorce. Because judges have such discretion in these issues, it is extremely important to work with experienced attorneys who will persuasively present your case in court.
We guide our clients through the divorce and property division process. When appropriate to your circumstances, particularly in cases involving high net worth, we work with accountants and business valuation experts to ensure that we have a full grasp of single and marital property. We will also carefully consider the present and future tax consequences of property division.