by admin on February 11, 2010
When a divorcing spouse owns a business, several factors must be examined as part of the distribution of the marital estate. The type of business entity in question will obviously play a major role in how the business asset will be valued. One type of business that provides special challenges to an appraiser and [...]
by Stephen McDonough on October 21, 2009
I have received couple of questions on how divorce may affect social security benefits over the past week, so I thought a post on this topic might be helpful.
First, a good point to remember is that social security is a federal system, and is thus controlled by federal regulations. Social Security benefits cannot be [...]
by Stephen McDonough on July 1, 2009
An important part of a divorce case is identifying and dividing up a couple’s marital property. Within the marital estate, retirement plans frequently are one of the most valuable asset classes. A qualified retirement plan is one that satisfies numerous requirements set forth by the IRS and ERISA, the Employee Retirement Income and Security [...]
by Stephen McDonough on June 28, 2009
One of the most important documents filed as part of a Massachusetts divorce is the ever-popular court financial statement. The rules surrounding financial statements are governed by Supplemental Probate Court Rule 401, or as I like to call it, Supplemental Probate Court Rule 401. There are two versions of the form, a “short form” [...]