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Division of Assets & Liabilities
Massachusetts Division of Assets & Liabilities
Division of Assets and Liabilities
All assets in a Massachusetts divorce are subject to division. t does not matter when or how they were acquired or who holds the title. If the parties are unable to reach an agreement on the division of the marital estate, the Court, after trial, will equitably divide it.
M.G.L. Ch. 208, Sec. 34, requires the Court must consider the following factors:
- Length of marriage
- Conduct of parties during the marriage
- Age
- Health
- Station
- Occupation
- Amount and sources of income
- Vocational skills
- Employability
- Estate
- Liabilities and needs
- Opportunity for future acquisition of capital assets and income
- Present and future needs of dependent children of the marriage
The Court may also consider the following:
- The contribution of each party to the acquisition, preservation, and appreciation of the marital estate
- The contribution of each party as a homemaker to the family unit.
To learn more about the division of assets and liabilities in a Massachusetts divorce and what it could mean for your situation, call us today toll-free at 978-851-2291 or contact us online to schedule a consultation.
For your convenience, appointments may be scheduled during flexible hours. Our office is centrally located in T Tewksbury, near Route 93 and Route 495, and we serve clients in Middlesex and Essex County.
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Awesome experience with Maura. Kind, caring, and smart! Would definitely use the office again.
I wholeheartedly recommend Attorney Maura Coyle from Wright Family Law Group. Navigating a divorce is never easy, especially when children are involved, but Maura handles every aspect of the process with exceptional kindness, empathy, and integrity. She is an excellent communicator—always responsive,...
Ellen Wright is a wizard in family court. She helped me and my child with our custody battle. I was seeking joint legal and full visitation rights that I deserved and my ex was trying to use my child as a weapon....
Maura was an exceptional attorney who provided invaluable support during one of the most challenging times of my life. She was highly responsive, listened carefully to my concerns, and worked diligently with me to ensure that our agreement was as fair as...
So very grateful for Attorney Donna Saber and team at Wright Family Law Group. Donna was always warm, practical and available to expertly provide sound advice and counsel. A very good communicator, she made sure I felt heard, understood and comfortable with...
Ellen Wright is a zealous and passionate advocate. She cares deeply for her clients, and she works incredibly hard to get the best result possible. I have known her for many years, and I would highly recommend her, and her firm, to...
I worked with Atty. Maura Coyle for my most recent Probate (custody) case. I can't even begin to explain how much I appreciate her as an attorney, and an individual. Maura actually CARES. She shared with me that cases like mine were...
After meeting with Attorney Saber for an hour, I felt more forward moving motion in my divorce process than I have in the last 2 years.
The ink is barely dry on the paperwork filed today in probate, and I’m not wasting any time to leave a five-star review for my FANTASTIC attorney, Maura Coyle, with Wright Family Law. I’ve been divorced for almost 6 years, and my...
Amazing law firm who showed such compassion at 10pm on a Friday night! I’ve been dealing with a guardianship situation and needed some guidance and had some general but specific questions. I sent a message via Facebook, and they replied almost instantly!...
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