All assets in a Massachusetts divorce are subject to division. It does not matter when or how they were acquired and it does not matter who holds title. If the parties are unable to reach an agreement of the division of the marital estate, the Court, after trial, will equitably divide the marital estate.
M.G.L. Ch. 208, Sec. 34, requires the Court must consider the following factors:
- Length of marriage
- Conduct of parties during the marriage
- Amount and sources of income
- Vocational skills
- 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 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 Tewksbury near Route 93 and Route 495. We serve clients in Middlesex and Essex County.