Quick Review Before ESOPs Explained During your Massachusetts divorce, one important part of the process is the Equitable Division of Property.  In my work as a lawyer and divorce mediator, I’ve noticed that clients seem to have a lot of misconceptions about dealing with property during divorce.  Property includes three major types – real property,…

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  Asset or Liability? A leased automobile is considered a liability. When you lease a vehicle, it is yours to use until the lease expires. For this, you make a monthly payment. You never actually own the car, and when the contract ends, you must take it back to the dealer who leased it to…

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Clients of a Westwood family law attorney often have questions about secured debt following a divorce. Understanding Secured Debt and Why It Is Customarily Joint Debt  During divorce, property division is a major consideration.  In Massachusetts, property division, including debt, must be equitable – meaning  the distribution of assets and liabilities must be fair. The court considers…

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Separating shared assets during divorce is not always simple, especially when a significant portion of time passes between the date of separation and the date of divorce. Luckily, an established Norwood family lawyer may be able to assist soon-to-be ex-spouses with quickly and equitably separating assets. Complications to Asset Separation Many factors can complicate asset division. For…

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