Equitable Distribution in a Newton Divorce
At Turco Legal, our Newton family law and divorce attorneys are compassionate, forward-focused advocates for people going through a divorce. Whether you are preparing to reach an uncontested divorce settlement or going through a difficult dispute, our law firm is a resource. If you have any questions or concerns about the equitable distribution (property division) process in divorce, we can help. Call us at (978) 225-9030 to set up your confidential consultation with a Massachusetts divorce attorney.
An Overview of Property Division and Divorce in Massachusetts
Dividing property in a divorce is never easy—even if you and your spouse agree that it is time to move on from the marriage. If you are getting divorced in Newton, it is imperative that you understand how the equitable distribution of property in a Massachusetts divorce works. Massachusetts is an equitable property division jurisdiction. A judge will split a divorcing couple’s property in the manner deemed to be most fair—it may or may not be a 50-50 split. Under Massachusetts law (Section 34 of M.G.L. Chapter 208), courts can review a wide range of equitable property division factors, including:
- The duration of the marriage;
- The age and health status of each spouse;
- The contributions to marriage and family by each spouse;
- The current and future financial position of each spouse;
- The current and future financial needs of each spouse; and,
- Any marital misconduct committed by either party during the marriage.
It is useful to understand the distinction between marital property and separate property. Marital property is property obtained after the start of the marriage. It is always subject to equitable distribution in Massachusetts. Certain assets acquired prior to the start of the marriage may be considered separate property. Separate property is not always equitably divided in a divorce in our state. Though, the specific circumstances of the marriage and assets matter.
Most Divorcing Couples Can Benefit from an Amicable Solution
It is not uncommon for divorcing couples in Middlesex County, MA to get locked in a serious conflict over property division. Splitting up property, assets, and liabilities in a divorce is a challenging thing to do. It is not easy for couples to untangle their life and their finances. Still, the vast majority of divorcing couples in Massachusetts desire a low-conflict, cost effective solution. At Turco Legal, our Newton family law and divorce lawyers always put a strong emphasis on helping our clients find the right solution for their specific situation. We are also a litigation-tested law firm that is ready to take aggressive action to protect the legal rights and financial interests of our clients when necessary.
We Help Clients Handle Complex Property in Divorce
Dividing the proceeds of a checking account can be hard enough. Splitting up property is especially difficult for those who own complex assets. Our Newton, MA divorce lawyers have the professional skills, financial knowledge, and legal experience to help clients deal with the most complex of property division matters. Some notable examples of complex property include:
- The family home;
- Real estate investments;
- Retirement accounts;
- Business interests;
- Antiques and heirlooms; and,
- Items with sentimental value.
Why Hire the Newton Divorce Attorneys at Turco Legal
Divorce is inevitably hard. For many couples in Middlesex County, splitting up property and assets is one of the most challenging aspects of a separation. At Turco Legal, we are here to help you find the right answer for your situation. When you contact our Newton law office, you will have a chance to work with a Massachusetts divorce attorney who can:
- Listen to your story and answer your questions;
- Gather all relevant documents and records;
- Advocate for you in settlement negotiations; and,
- Build a comprehensive divorce strategy designed to help you get the best outcome.
You do not have to go through a divorce alone. With a commitment to personalized representation, our law firm is here to take care of your most pressing legal needs. We encourage you to review our testimonials from former clients and reach out to us directly if you have any specific questions about divorce, family law, or equitable distribution in Middlesex County.
Call Our Newton, MA Divorce and Family Law Attorneys Today
At Turco Legal, our Newton divorce lawyers are experienced advocates for clients. You do not have to navigate divorce and related property division alone. Get in touch with us by phone at (978) 225-9030 or connect with us online for your confidential consultation with an experienced family law attorney. From our Newton law office, we provide family law and divorce representation throughout Middlesex County, including in Cambridge, Concord, Lexington, Somerville, Waltham, and Medford.